ALTUM — Latvian Development Finance Institution logo
ALTUM — Latvian Development Finance Institution

Business Greening with Capital Rebate

Funds climate focused industrial modernization in Latvia through small business support in multiple regions.

The Business Greening with Capital Rebate program is a hybrid financing instrument administered by ALTUM, Latvia's state-owned development finance institution, using EU Just Transition Fund resources with a total program budget of EUR 41 million. The instrument combines three components for qualifying small and medium-sized enterprises: an ALTUM loan of up to EUR 10 million for eligible project co…

Energy efficiency (≥20% primary energy savings), renewable-energy self-consumption (≥80%), or new environmentally-friendly products/technologies.

CycleiHow often this grant runs - e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.26 weeks
Project durationiHow long the funded work is expected to run.-
Award typeiThe form of funding - grant, equity, loan, tax credit, etc.Grant + loan
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.70%
Funding pooliThe total budget available across all awards in this round.€41M

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Guides for this application

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European Commission logo
Scheduled

Green and Resilient Harbours

🇪🇺European Commission · European Union

Funds two €5.5–5.95M projects that turn ports into cleaner, circular and climate-resilient hubs for ocean and waters recovery.

Climate TechEnergy Tech+1
€5.5M – €6.0MSep'27
European Commission logo
Scheduled

Restoring European Blue Forests

🇪🇺European Commission · European Union

Funds €3.5–4M projects that restore blue forests, protect coastal carbon and make marine ecosystems more resilient.

Climate TechBuilt Environment+2
€3.5M – €4.0MSep'27
European Commission logo
Open

Horizon Cities Mission: Low-Temperature Building Heating

🇪🇺European Commission · European Union

Funds three €6M projects that swap fossil-fuel heating in apartment blocks for heat pumps and low-temperature district heating.

Energy TechBuilt Environment+1
€6MOct'26
European Commission logo
Scheduled

Ocean Mission: Resilient Coasts, Rivers and Islands

🇪🇺European Commission · European Union

Funds €8–8.925M projects that make Europe’s coasts, rivers, waterfront cities and islands safer and more resilient to climate change.

Climate TechBuilt Environment+2
€8M – €8.9MSep'27
European Commission logo
Scheduled

Urban LVDC Microgrid Demonstrations

🇪🇺European Commission · European Union

Funds €7M projects that prove safe, efficient LVDC microgrids in buildings and help cities replicate them through digital twins.

Energy TechBuilt Environment+3
€7MOct'27
European Commission logo
Closed

Fostering competences for the green transition

🇪🇺European Commission · European Union

Pays research consortiums roughly €3-4 million to map the skills young people and workers need for the green transition in one high-impact sector and how to teach them.

AgritechFood Tech+4
€3M – €4M