Translated using ChatGPT service. Today, the Ministry of Economics and ALTUM launched two new support programs for entrepreneurs. Loans with a capital discount of up to 30% will be available for manufacturing innovations, including dual-use products for security and defense, while research and development projects will have access to loans with a low fixed interest rate of 0.9% to 1.9%. The total funding available for both support programs is up to EUR 100 million. “The programs presented…
Translated using ChatGPT service. Today, the Ministry of Economics and ALTUM launched two new support programs for entrepreneurs. Loans with a capital discount of up to 30% will be available for manufacturing innovations, including dual-use products for security and defense, while research and development projects will have access to loans with a low fixed interest rate of 0.9% to 1.9%. The total funding available for both support programs is up to EUR 100 million. “The programs presented today mark a significant step forward in the development of Latvian entrepreneurship. With EUR 100 million in support co-financed by the European Regional Development Fund (ERDF), our entrepreneurs will become more competitive, innovative, and bold in…