Financer: Governments of Latvia and Norway, managed by the Latvian Investment and Development Agency
Purpose: The small grant schemes are divided into "Development of Green Innovation and Information and Communication Technology Products" and the small grant scheme "Development of Technologies Supporting Quality of Life" (the supported activities are identical). The aim of the activity is to promote the development of new products or technologies. During the implementation of a small-scale grant scheme project, the beneficiary shall develop a prototype of at least one new product or technology not intended for commercial use
Terms: Support for one project in Small Grant Scheme ranges from € 10,000 to € 130,000. Maximum aid intensity is 70%

Tags: Business Public Funding Designing and Prototyping