For the Development of Innovative Products
Funds Latvian companies developing RIS3-priority products with loans paired with principal rebates.
The ALTUM programme for the Development of Innovative Products is a combined loan-plus-capital-rebate instrument administered by ALTUM, the Latvian state development finance institution, and co-financed by the European Union through the European Structural and Investment Funds. It targets Latvian enterprises developing innovative products that align with the country's Smart Specialisation Strategy…
ESIF-backed ALTUM loan of EUR 300K–5M paired with a capital rebate of up to 30% of principal for Latvian enterprises developing RIS3-priority innovative products; applications currently suspended.
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Guides for this application
All guides →Grant Financials and Co-Funding Evidence: Examples for Startup Applications
See examples of grant financials, match funding evidence, co-funding tables, accountant letters, investor commitments, and budget-to-work-plan checks.
Submit & reportGrant Reporting Requirements: Post-Award Reports and Compliance
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