Investment and Development Agency of Latvia

Governance & support

The Investment and Development Agency of Latvia (LIAA) is a public administration institution subordinated to the Minister of Economics of the Republic of Latvia. LIAA implements state support programmes, providing grants to entrepreneurs to increase their competitiveness and promote innovations. It also offers assistance throughout the process of setting up business operations in Latvia, acting as a first point of contact and as a “one-stop-shop” in assisting investors and in developing tailored solutions to meet their specific needs.

TECHNOLOGIES AND COMPETENCES

In the field of space technology, LIAA takes part in the coordination of the national space industry, provides support to Latvian companies for participation at international space events, promotes the Latvian space industry’s integration in the global space supply chains, identifies international opportunities for space solutions developed in Latvia and attracts investments in the Latvian space sector. LIAA is part of the Latvian Space Office and also ensures the participation of Latvia in the European Space Agency’s Industrial Policy Committee (IPC), Technology Advisory Working Group (TA-WG), and Industrial Policy Evolution Working Group (IPE-WG). In cooperation with the European Space Agency’s Industrial Policy Committee, LIAA performs coordination and harmonization tasks between European and national space activities and sets the European industrial policy environment of procurements.

PRODUCTS AND SERVICES IN SPACE

  • Business support (incubation, acceleration, grants and other financial and in-kind support)
  • Events & trainings
  • Match-making & market analyses
  • Nation branding
  • Foreign trade promotion & foreign investment attraction

MAJOR SPACE PROJECTS AND ACHIEVEMENTS

  • Trade missions and Latvian space industry trade missions, national stands at major space conferences & exhibitions (the United Arab Emirates, France, Norway, etc)
  • The European Space Agency Days at the “Deep Tech Atelier” (2022 & 2023)
  • International space technology hackathon “Act In Space” (2020 & 2022)
  • Space industry international events and networking activities

CURRENT AND TARGET PARTNERSHIP

  • Since 2020, LIAA represents Latvia in the European Space Agency’s Industrial Policy Committee (IPC), Technology Advisory Working Group (TA-WG), and Industrial Policy Evolution Working Group (IPE-WG). LIAA is involved in the creation of the European Space Agency’s Business Incubation Centre in Latvia
  • Idea owners, start-ups and businesses are welcomed to approach LIAA for deep tech and space business development support as well as foreign organisations for facilitated links with the Latvian companies or the Latvian investment environment
Total employees900
Employees in space5
+371 29238280
Contact persons: Andrejs Berdnikovs