A visible perspective in the field of digitization due to the skilled workforce, cooperation with research and education institutions, existing companies, high-quality internet coverage and easily adaptable work environment (premises, urban environment).
Close distance between the cities of Valmiera, Cēsis and Smiltene creates a "Vidzeme Economic Triangle", providing a wider development opportunities with more intensive area of economic activities and higher average purchasing power parity for a population of about 60 000.
Business traditions in Madona county ensures business development throughout the Vidzeme highlands. Madona region has the ability to successfully work with entrepreneurs. This is evidenced by several Latvian and Baltic companies in its vicinity.
Cross - border cooperation
Unique example of Valka - Valga allows to combine best business support offers of two countries – Latvia and Estonia. It also provides access to the infrastructures (e.g. train station and connection to Tartu, St. Petersburg) and human resources (approx. 17 000) of both cities.
Higher education and vocational education institutions in the region can adapt the curriculum to market requirements and collaborate with companies in the region. Education combined with remote work possibility (thanks to high-quality internet coverage) and the mobility of the population provides a flexible and diverse workforce overall.
Necessary resources are available in the region, including a high percentage of organic farms and a resource for high value-added (sustainable) tourism possibilities. The sector promotes cooperation with research and education institutions, offers a skilled workforce and large manufacturing companies and farms.
Food & wood industry
High value-added wood processing and food production, with available resources, including a forest resource, high percentage of organic farms and high value-added food cluster. Sector promotes cooperation with research and education institutions, has a skilled workforce, and large manufacturing companies.
Dense road network provides access to the busiest traffic flows and railway lines, which improves the competitiveness of businesses and mobility of citizens, as well as expands the scope of the local market. A2 and A3 roads are used by 15,000 cars a day. Future planning of Rail Baltica will allow the development of regional traffic with a new intensity.