Support for the Introduction of New Digital Products and Services in Business

Support for the Introduction of New Digital Products and Services in Business

Ministry of Economics

Fund

Recovery and Resilience Facility

Total project funding

24 300 000 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 promote the creation of new digital products and services that would support the recovery of Latvia’s economy from the crisis and enhance competitiveness in the future through the introduction of modern automation, robotisation, and work control tools in manufacturing, as well as to support the implementation of company-specific, customised e-commerce solutions in sales processes.

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 3,037,500 per competence centre.
For a single cooperation partner, support is capped at EUR 1,000,000.

PROJECT PROGRESS INFORMATION

As of 16 January 2026, 8 competence centres and 79 research projects have been supported, with total funding of EUR 22.8 million, attracting EUR 9.6 million in private investment.

PROJECTS

Project No.

Applicant

Project Title

Recovery and Resilience Facility Funding (EUR)

2.2.1.3.i.0/1/24/A/CFLA/003

SIA “ETKC”

Support for the Introduction of New Products and Services in Business within the Energy and Transport Competence Centre

3,037,500

2.2.1.3.i.0/1/24/A/CFLA/004

Limited Liability Company “VMKC”

Support for the Introduction of New Products and Services in Business within the Smart Materials Competence Centre

3,037,500

2.2.1.3.i.0/1/24/A/CFLA/005

SIA “Pharmaceutical, Biomedicine and Medical Technologies Competence Centre”

Support for the Introduction of New Products and Services in Business within the Pharmaceutical, Biomedicine and Medical Technologies Competence Centre

3,037,500

2.2.1.3.i.0/1/24/A/CFLA/001

SIA “Forest Sector Competence Centre”

Forest Sector Competence Centre – Digitalisation

3,037,500

2.2.1.3.i.0/1/24/A/CFLA/002

SIA “Latvian Food Competence Centre”

Latvian Food Competence Centre – Digitalisation

3,037,500

2.2.1.3.i.0/1/24/A/CFLA/006

SIA “IT Competence Centre”

Information and Communication Technology Competence Centre for Digitalisation

3,037,500

2.2.1.3.i.0/1/24/A/CFLA/007

SIA “MASOC KC”

MASOC KC Support for the Development of Digital Products

3,037,500

2.2.1.3.i.0/2/24/A/CFLA/001

DPKC

Support for the Introduction of New Products and Services in Business within the Digital Products Competence Centre

3,037,500

ELIGIBLE ACTIVITIES UNDER THE INVESTMENT

Within the framework of the investment, the following eligible activities may be carried out:

  • activities of cooperation partners undertaken within research projects to develop new or improve existing products, services, and technologies in smart specialisation areas, including the implementation of digitalisation, automation, robotisation, and work control solutions in manufacturing and service development processes, as well as support for the introduction of customised e-commerce solutions;

  • 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 targets to be achieved by 30 June 2026 are:

  • 43 research projects approved, and

  • EUR 4,860,000 in private financing attracted.