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 under EU regulation Nr. 1407/2013 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;
    Financial intensity for these activities are up to 85%, co financed EUR 25000
     
  • Talent Co-Financing;
    Financial intensity for these activities are up to 45%, co financed EUR 25000

The supported activities under EU regulation Nr. 651/2014 include:

  • Feasibility study;
  • Industrial research which is necessary for the development of new products or technologies;
  • Experimental development, including prototyping;
  • Certification and testing services of a new product or technology;
    Financial intensity for these activities are up to 70%, co financed EUR 25000
Up to 85% co-financed EUR 5,000 Design Voucher

Do you have an idea about how your product should be designed or updated? Here are some helpful activities which could be supported by Design Voucher:

The supported activities include:

  • Product Design;
  • Process (service) design;
  • Strategic design;
    Financial intensity for these activities are up to 85%, co financed EUR 5000
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