From Surf Wiki (app.surf) — the open knowledge base

Investment and Development Agency of Latvia

Investment promotion agency

Field	Value
agency_name	Investment and Development Agency of Latvia
nativename	Latvijas Investīciju un attīstības aģentūra
logo	LIAA logo RGB Eng full.jpg
formed	September 1993
headquarters	Pērses iela 2, Riga
employees	270
parent_agency	Ministry of Economics (Latvia)
website

The Investment and Development Agency of Latvia (LIAA) is Latvia's investment promotion agency. It was established in 1993 under the Ministry of Economics of the Republic of Latvia.

Foreign trade

LIAA organizes business trips to foreign countries, which include business forums, workshops, entrepreneur roundtable discussions, contact exchanges, trade fairs, and individual meetings with potential business partners.

LIAA organizes export seminars that deal with exports and provide information on news and trends in foreign markets, as well as the European Single Market.

Tourism

In 2016, the Tourism Development State Agency (TAVA) was added to LIAA. The aim of the department is to promote Latvian tourism products and services.

Business incubators

In October 2016, 11 business incubators and 9 support units were active in Latvia (Bauska, Daugavpils, Jelgava, Jēkabpils, Jūrmala, Kuldīga, Liepāja, Madona, Ogre, Rēzekne, Sigulda, Talsi, Valmiera, Ventspils, and a creative industries incubator in Riga).

In 2024, the LIAA was forced to stop providing funding to startups, due to the Economic Ministry's failure to introduce legal amendments required by the updated EU "de minimis" regulation.

References

(30 July 2024). "Investment and Development Agency of Latvia and Rail Baltica discuss attraction of private investments to the Rail Baltica Project". The Baltic Times.
(14 August 2024). "Government rectifies its start-up support goof". LSM+.

Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

government-of-latvia economy-of-latvia investment-promotion-agencies

Want to explore this topic further?

Ask Mako anything about Investment and Development Agency of Latvia — get instant answers, deeper analysis, and related topics.

Research with Mako

Free with your Surf account

Content sourced from Wikipedia, available under CC BY-SA 4.0.

This content may have been generated or modified by AI. CloudSurf Software LLC is not responsible for the accuracy, completeness, or reliability of AI-generated content. Always verify important information from primary sources.

Report