Guide to intellectual property protection for technology startups in Latvia

Intellectual property protection is of utmost significance for technology startups in Latvia as it enables them to guard their innovative ideas, cover their creative workshop, and save nonpublic business information. By securing patents, trademarks, imprints, and trade secrets, startups can maintain a competitive edge, induce profit, and defend against violation, guaranteeing their long-term growth and […]

Guide to intellectual property protection for startups in Latvia

For startups in Latvia, intellectual property (IP) protection plays a key part in securing their innovative ideas, products, and technologies. Establishing a robust IP strategy is vital to help the unauthorized use or exploitation of their creations, maintain a competitive edge, attract investors, and foster long-term business growth. This composition serves as a comprehensive companion […]

Government support and incentive programs for startups in Latvia

Companies that have registered as an entity in Latvia are eligible to apply for a variety of programs that support growth and innovation. Explicit rules apply for each program to qualify. Programs are likely to change given the guidelines of the Public authority of Latvia. On January 1, 2017, the law went into effect, sending […]

Emerging trends in Latvian startups and innovation

After emerging from the 2008–2010 economic crisis, Latvia dove deeply into the startup industry. Many Latvians used the recession as a turning point to launch new businesses, and since then, startups have continued to spring up throughout the nation. The bulk of its startups are found in its capital, Riga, which is becoming more and […]

Accessing funding and grants for startups in Latvia

Every successful business rides on the wings of money. Money is not only needed to start a business, it is also the fuel that keeps it running. Most start-ups typically last only a few years due to inadequate funding. Securing funding is vital for ensuring longevity beyond the initial years for startups. In Latvia, these […]