Business Technology Centre

LIAA Technology Business Centre

Who are we?

LIAA Technology Business Center is your opportunity to create your own technology company. If you have a desire to try yourself in business and do not have a team and no one to draw inspiration from, have no idea, but have in-depth knowledge, competence, experience in creating a technology or product, then we, the Technology Business Center, will give you the chance!

At the Technology Business Center (TBC), we welcome young professionals, scientists, or students to help them experiment safely, meet mentors in their field, and provide opportunities to network with like-minded business idea developers. Our absolute priority is to validate the assumptions that are most important to your idea in order to speed up the learning process and increase the potential demand for your idea.

We offer to join the Innovation Academy, where you can gain inspiration and in-depth knowledge for the development of your globally competitive idea, as well as receive 100% financial support for prototyping to validate the viability and potential of your business ideas and technological hypotheses.

The TBC team will implement hackathons, various seminars, idea workshops, networking seminars to attract new business idea developers, promote the creation and development of innovative business, transfer international experience and achieve TBC goals.

TBC, together with its co-operation collaborates, the University of Latvia, Riga Technical University and Riga Stradins University, will organize hackathons for local governments and state capital companies to select new innovative and technologically intensive ideas, create teams, and reach target audiences.

What will we do?

By April 30, 2024, the Technology Business Center will attract at least 98 business idea developers for training and support the development of at least 30 prototypes. We will create a co-creation and meeting place for technology creators. Let us gather in the community and unite knowledgeable and willing business developers.

Funding

The total funding for the TBC is EUR 2 000 000 with 100% aid intensity under the Norwegian Aid Instrument. TBC is part of the Business Incubators Department of LIAA.

Activities

Pre-acceleration program 

  • 6-month training program
  • Support for rapid prototype development
  • International mentoring

Financial support

  • For prototype development and testing
  • In collaboration with Latvian Universities
  • Aid intensity of up to 100%

 

 

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