Written by: iiGrowth

USA and UK based company iiGrowth and the Ventspils High Technology Park (VHTP) are partnering to bring international solutions to the Latvian market. Together, we are scanning the globe for world class business partners for Latvian enterprises. The purpose of this scan is to identify new business solutions in science and research, defense, and creating new innovation and competency centers in Latvia.

There are several near term opportunities for Latvian and international businesses to form cooperative agreements.

The ERDF is sponsoring science and research projects ranging from 70-492 thousands Lats (up to 1 million USD). These are co-financing funds and project proposals in cooperation with universities must be submitted by December 14, 2009.

The network of business incubators in Latvia supports high tech companies to start business operations in Latvia, by offering SMEs qualitative infrastructure on reduced tariffs and co-financing for research and new product development.

The Investment and Development Agency of Latvia is preparing to solicit ideas/projects regarding the development of competency centers in Latvia. For example, Space, is a competency that the VHTP has already been developing for several years.

These and other focal areas are just the beginning of the new business opportunities and investment climate in Latvia. The Baltic Tiger is coming back and VHTP and iiGrowth are working together to be part of this economic resurgence. If you have an idea or capability that you would like to further explore, please contact us for a confidential consultation.

For more information please contact Ivars Eglajs (email: ivars.eglajs@vhtp.lv phone:+371 29126249) or Gustavs Plato (email: gplato@iigrowth.com or phone: 240.499.4938)

Written by: iiGrowth

iiGrowth’s Marketing and Communications Practice has been engaged by the Investment and Development Agency of Latvia (LIAA). iiGrowth is providing communications consulting services for the LIAA in the Information Technology and Electrical Engineering and Electronics industry sectors. We are very pleased to be able to support LIAA, which is considered one of the premier investment promotion intermediaries in the world.

In May 2009, the World Bank published its Global Investment Promotion Benchmarking report. The report compared over 200 of the world’s leading investment promotion organizations. In this competition, the LIAA has been identified as one of the top 10 performing national Investment Promotion Intermediaries (IPI’s) in the World. iiGrowth is excited to be working with LIAA.

Written by: iiGrowth

iiGrowth has been engaged to provide readability testing and translation/language services in EU. We are providing translation support in Latvian and English and conducting market research of patient information leaflets. This engagement is a hybrid of our Marketing and Communications (MarCom) Practice and Pharma vertical Practice area. Our team’s strong communication skills and vertical industry knowledge were critical skills needed by our world class client.