ALTUM — Latvian Development Finance Institution logo
Funder · State agency

ALTUM — Latvian Development Finance Institution

Funds development through loans, guarantees, and rebates for businesses, agriculture, and households supporting growth.

Latvia
Key stats
Annual funding-
Programs4
Active grants1
Total grants4
About

ALTUM is Latvia's state-owned development finance institution, headquartered in Riga. It serves individuals, enterprises, rural businesses, and agriculture, and manages a mix of loans, guarantees, subsidies, and EU-co-financed instruments.

Its support is strongest where a project can carry a debt or guarantee wrapper. Business Greening with Capital Rebate offers a loan and guarantee package with …

Programs & grants under this funder
Energy Efficiency Loan with Capital Discount

Supports Latvian enterprises adopting energy efficiency and renewable upgrades through loans combined with capital discount mechanisms.

1 grant
Energy Efficiency Loan with Capital Discount
Scheduled
€70.8M pool
Business Greening with Capital Rebate

Funds Latvian companies outside Riga with financing that supports cleaner processes, lower emissions, and stronger sustainability outcomes.

1 grant
Business Greening with Capital Rebate
Open
€41M pool·Rolling submission
For the Development of Innovative Products

Funds Latvian firms developing novel products aligned with national priorities through financing plus rebate-backed support.

1 grant
For the Development of Innovative Products
Closed
- pool
Large Investment Loan with Capital Rebate

Funds medium and large Latvian firms in strategic sectors through long-horizon financing packages with strong capital support.

1 grant
Large Investment Loan with Capital Rebate — Round 4
Closed
- pool
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