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.

Latviawww.altum.lv
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
Last verified: 28 May 2026Source: www.altum.lv