18.01.2024 - Startups

'Startup House' to be base for entrepreneurs in Rīga

February 1 will mark the grand opening of Startup House Riga in the vibrant Spīķeri quarter. This dedicated workspace, purpose-built to foster innovation, collaboration, and growth, is designed to be a pivotal resource for the Latvian startup community.

Startup House Riga is a non-profit initiative founded by James Berdigans and the TechHub Riga Foundation. The center’s launch is backed by significant funding from Latvia’s leading startups and founders, including Berdigan’s own “Foundation: to my Homeland with Love” along with representatives from Nordigen, Gravity Team, and Nutrameg. The space is poised to become Riga’s startup hub, offering founders an ideal environment for nurturing their ventures, accessing vital resources, and connecting with peers.

James Berdigans envisions a bright future for Latvia as a prosperous nation full of high-value technology companies. “In a country of talents like ours, fostering high-tech enterprises is a great path to prosperity. Startup House Riga will be instrumental in connecting founders with co-founders, initial team members, a vast network of contacts, and both local and international investors.”

Startup House Riga features a multifunctional event space hosting TechHub Riga Meetups and other ecosystem activities organized by Startin.LV and TechChill. The upper levels offer co-working spaces, private offices, and areas dedicated to startups, investors, and organizations in the startup ecosystem. With numerous meeting rooms and 18 individual call booths dispersed throughout, the facility is designed to meet the dynamic demands of young, up-and-coming companies.

“Startup House Riga symbolizes our commitment to invigorating Latvia’s startup ecosystem. It provides founders with a dedicated space to concentrate on their core mission – scaling their startups, while we facilitate everything else”, explains Andris Berzins who is leading TechHub Riga foundation. “This concept mirrors successful models in other European cities like Tallinn’s Lift99 and Helsinki’s Maria01″.

Early members of Startup House Riga include startups like Monetizr, Trace.Space, and Airdeal.io, along with venture capital funds and other ecosystem partners.

Egita Polanska, CEO of Startup House Riga, remarks, “Startups are no longer a niche industry. They have now become vital pillars of any economy by creating jobs, contributing significant tax revenues, attracting foreign investment, and enhancing the innovation and IT landscape for professionals worldwide.”

Source: Press release (www.labsoflatvia.com)
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