Creative business incubator


Where
Latvia
When
2016
Who
The investment and development agency of latvia.
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Description of the policy/measure

The following business support activities will be carried out by the operator of the incubator: financial and consultative support to start-up and develop creative businesses, business promotion events and premises. eligible costs for creative businesses in the incubator: cost of services; lease of premises, maintenance and utility costs; equipment purchase cost of eur 5 000 per beneficiary; remuneration and state social insurance costs; purchase costs of materials and raw materials.

Results achieved

40 creative business companies supported until 31 december 2023.

Financial resources allocated to the policy

Total amount of financing is eur 7 058 823. erdf funding is eur 6 000 000 euros.