Large Investment Loan with Capital Rebate

ALTUM's Large Investment Loan with Capital Rebate is a Latvian blended-finance route delivered with LIAA and aimed at major investments under the country's RIS3 smart-specialization agenda. It is designed for medium-sized and large enterprises that can clear a high capital threshold and anchor the project in a national priority sector. The round requires at least EUR 10 million in investment. ALTUM can finance up to 30 percent of eligible project costs, the loan can run for up to 20 years, and the capital rebate can reach 100 percent of the loan principal, which can fully offset the debt if milestones are met. Applications for the fourth round run from 20 November 2025 to 20 March 2026, and the support is funded from public and national resources. Eligible sectors cover photonics and smart materials, engineering systems, smart energy and mobility, biomedical and pharma, knowledge-intensive bioeconomies, ICT, tourism and creative industries, military, and primary agricultural production. The route fits large, capital-intensive projects that sit squarely inside those RIS3 fields, so applicants need both scale and a clear strategic match.

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.