Incentives for R&D

Horizon 2020 programme

Horizon 2020 offers a large variety of funding opportunities for research and innovation activities.

The beneficiaries of the program are Small- and Medium-sized Enterprises (SMEs); universities, research centres; government organizations; non-governmental organizations; and individual researchers.

Horizon 2020 is divided into 3 pillars corresponding to its main priorities:

  1. Excellent Science - supports the world-class science in Europe, by developing, attracting and retaining research talent and supporting the development of the best research infrastructures.
  2. Industrial Leadership - supports key technologies, such as microelectronics, advanced manufacturing, etc. across existing and emerging sectors. It also aims at attracting more private investment into R&I and supporting the increase of innovative SMEs in Europe.
  3. Societal Challenges - supports R&I that target society and citizens (climate, environment, energy, transport, etc.). It supports the development of breakthrough solutions coming from multi-disciplinary collaborations, which include social sciences and humanities.

For small businesses:
SMEs are encouraged to participate across the whole Horizon 2020 programme. SMEs can engage in collaborative projects as part of a consortium, or seek support through a new dedicated SME instrument for highly innovative smaller companies.

Multi-participation or mono-participation?

Most of the Horizon 2020 themes support collaborative research projects where at least 3 organizations from different countries form a consortium. However, there are a number of opportunities also for mono-participant actions:

  • European Research Council research grants – support frontier research by individual researchers and teams.
  • Marie Sklodowska-Curie actions – support researcher mobility. Besides research funding, scientists have the possibility to gain experience abroad and in the private sector, and to complete their training with competences useful for their careers.
  • SME instrument – supports both individual SMEs and SME groups.

Available funding:
Approximately 80 billion EUR over seven years
Maximum funding amount is 70% - 100% of total eligible project costs.

More information:

The EUROSTARS Programme

The Eurostars Programme is the first European funding and support programme (the EU-EUREKA joint funding programme) to be specifically dedicated to R&D performing SMEs, and co-funded by the European Communities and 33 EUREKA member countries.

It is fine-tuned to focus on the needs of SMEs, and specifically targets the development of new products, processes and services and the access to transnational and international markets. 

There are some eligibility criteria to comply with in order to apply in the Eurostars Programme, a summary of the different criteria is following:

  • The project must meet the EUREKA criteria: it can address any technology but must have a civilian purpose and be aimed at the development of a new product, process or service. 
  • The leading SME must be a R&D performing SME 
  • All the SMEs must fulfill the EU-adopted definition of an SME 
  • The leading SME must be based in Eurostars member state 
  • There has to be at least one other participant from a Eurostars country 
  • The R&D performing SMEs must undertake 50% of total project cost 
  • No partner or country is performing more than 75% of project total cost 
  • The project duration is <= 3 years 
  • Market introduction is foreseen within 2 years after project end 

EUREKA's Eurostars Programme is open for funding applications on a continuous basis, with an average of two application submission deadlines each year. The registration and application process is currently closed and will open again in 2017.

In Latvia the financial support up to 80% of a participant's eligible costs is granted. The other amount of funding has to be invested by the applying institution itself or from some other non-governmental source as a co-financing. Investment "In kind" is possible.

8 Contact Points for Technology Transfer

Technology transfer contact points (TPK) are research institutions or university departments that support and promote knowledge and technology transfer and which are responsible for establishing and maintaining external communication, providing information about the organization’s research activities and experiences.

Currently there are 8 technology transfer contact points operating in Latvia.

Please find their contact information here.

Business Incubators

LIAA has established business incubators in Daugavpils, Jēkabpils, Jelgava, Jūrmala, Liepāja, Rēzekne, Valmiera and Ventspils, as well as in several other municipalities, while in Riga a major Creative Industries Incubator has been set up, accessible from anywhere within an approximately 100 km radius. In municipalities where no incubators are available, businessmen are able to use the ‘virtual incubation’ services, including co-funding for renting premises in any local government, and other incubator services.

Support for starting a business are available to microenterprises, small and medium-sized companies, and private individuals.

Seed Forum Latvia

The Seed Forum network is giving born global companies seeking capital a unique opportunity to pitch their investment proposal concepts to investors by facilitating global, national and local investor matchmaking forums. The companies pitching to investors are nominated, trained and selected in the Seed Forum process to secure that the companies are investor-ready when they are pitching to investors. The Seed Forum process is very important to reduce the risk on investments in start-ups. The mission of Seed Forum is to provide investor ready born global companies to investors and to educate companies in fundraising and reduce the risk of investment for investors.  

Seed Forum Pitch Training seminar schedule:

More information on these incentives can be provided by Investment Promotion Division.