INNOVATION VOUCHER

Innovation Voucher is government financial support tool offered by the Investment and Development Agency of Latvia (LIAA) with an objective to drive collaboration between industry and the research community. It is available to all size companies (INCLUDING STARTUPS) registered in Latvia which seek to innovate their existing product/technology or develop a new one.

The program offers 3 types of vouchers that are worth between EUR 5,000 and EUR 25,000, depending on the type of voucher. 

Read more about the conditions and benefits you can get from the Innovation Voucher program in the PDF guide.

Do not hesitate to contact us at email: jautajumi@liaa.gov.lv

100% co-financed EUR 5,000 Get-to-Know-Me Voucher

Do you want to just test the waters and get to know what is the voucher program about? Perhaps you would like to build cooperation with a research organization and see how it goes. Here comes the program which is just right for you!

The supported activities include:

  • Feasibility study;
  • Industrial research;
  • Experimental development, including prototyping;
  • Development of a product’s industrial design.
Up to 85% co-financed EUR 25,000 Classic Voucher

Are you at the level when ‘you know what you want’ and know what you need to bring you to the next level? Here is a bigger slice of cake for you!

The supported activities include:

  • Feasibility study;
  • Industrial research which is necessary for the development of new products or technologies;
  • Experimental development, including prototyping;
  • Development of a product’s industrial design;
  • Certification and testing services of a new product or technology;
  • Registration of industrial property rights for inventions, industrial designs, and topographies of semiconductor products;
45% Talent Co-Financing, Up To EUR 25, 000

This form of support offers to reimburse 45% of the overall cost incurred by highly qualified and specialized employees, including both salary and paid taxes.

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