Fund | Recovery and Resilience Facility |
Total project funding | 40 000 000 EUR |
Beneficiary | Funding recipient: legal entities – limited liability companies (Ltd.), associations. Cooperation partners / final beneficiaries: micro, small, medium-sized, and large enterprises, including state-owned companies and research and knowledge dissemination organisations. |
GENERAL PROJECT INFORMATION
The objective of the investment is to ensure access to financing for the development of new products, technologies, and services that promote a low-carbon economy, resilience to climate change, or adaptation to it, by attracting private co-financing for the implementation of innovations.
TARGET GROUP
Micro, small, medium-sized, and large enterprises, as well as research and knowledge dissemination organisations.
Support is available in the form of grants of up to EUR 5,000,000 per competence centre.
For a single cooperation partner, support may not exceed 25% of the approved funding of the funding recipient.
PROJECT PROGRESS INFORMATION
As of 16 January 2026, 8 competence centres and 102 research projects have been supported, with total funding of EUR 32.4 million, attracting EUR 16.1 million in private investment.
PROJECTS
Project No. | Applicant | Project Title | Recovery and Resilience Facility Funding (EUR) |
|---|
1.2.1.2.i.2/1/24/A/CFLA/003 | SIA “ETKC” | Development of Innovative Products and Technologies within the Energy and Transport Competence Centre | 5,000,000 |
1.2.1.2.i.2/1/24/A/CFLA/004 | Limited Liability Company “VMKC” | Development of Innovative Products and Technologies within the Smart Materials Competence Centre | 5,000,000 |
1.2.1.2.i.2/1/24/A/CFLA/005 | SIA “Pharmaceutical, Biomedicine and Medical Technologies Competence Centre” | Development of Innovative Products and Technologies within the Pharmaceutical, Biomedicine and Medical Technologies Competence Centre | 5,000,000 |
1.2.1.2.i.2/1/24/A/CFLA/001 | SIA “Forest Sector Competence Centre” | Forest Sector Competence Centre – Energy Efficiency | 5,000,000 |
1.2.1.2.i.2/1/24/A/CFLA/002 | SIA “Latvian Food Competence Centre” | Latvian Food Competence Centre – Energy Efficiency | 5,000,000 |
1.2.1.2.i.2/1/24/A/CFLA/006 | SIA “IT Competence Centre” | Information and Communication Technology Competence Centre for Green Product Research | 5,000,000 |
1.2.1.2.i.2/1/24/A/CFLA/007 | SIA “LEO Research Centre” | Latvian Electrical and Optical Equipment Manufacturing Sector Competence Centre for Improving Energy Efficiency | 5,000,000 |
1.2.1.2.i.2/1/24/A/CFLA/008 | SIA “MASOC KC” | MASOC KC Support for the Development of Green Products | 5,000,000 |
ELIGIBLE ACTIVITIES UNDER THE INVESTMENT
Within the framework of the investment, the following eligible activities may be carried out:
activities of a cooperation partner undertaken within a research project to develop new or significantly improve existing products, services, and technologies in smart specialisation areas;
implementation of industrial research;
implementation of experimental development;
implementation of technical and economic feasibility studies with a total value exceeding EUR 250,000;
coordination of research projects organised by the funding recipient, including promotion of cooperation, sharing of information and knowledge, and coverage of project management costs.
PROGRAMME TARGET
The investment is implemented by 31 December 2027.
The target to be achieved within the programme is that by 31 December 2024, projects are approved for a total amount of at least EUR 36,000,000.
