Innovation vouchers

The Investment and Development Agency of Latvia through its Joint Technology Transfer Centre
Key objectives of the measure:

The aim of the measure is to facilitate innovation activity in micro, small and medium enterprises providing support through technology transfer for new or essentially improved product or technology development.

Scope of the measure:
Nature of the measure:
Main feature of the measure:

The following activities are eligible for support: technical and economic feasibility study for potential new product or technology assessment and analysis; industrial research with the aim to gain new knowledge and methods for creation of new products and technologies or their improvement; experimental development, including prototypes; industrial design of products – aesthetic and functional solutions of the products, improving engineering technical, usability, ergonomic and brand development solutions; strengthening of industrial property rights of the following industrial property objects: patents for invention, design samples (industrial design) and topographies of semiconductor products; certification and testing services of new products and technologies.

Results expected through the implementation of the measure:

The support has to be distributed by 31 December 2022 through research organizations, institution responsible for industrial intellectual property rights registration, professional patent attorneys, accredited institutions of national accreditation offices, product certification bodies and testing and calibration laboratories.

Financial resources allocated to implement the measure:

Total amount of programme financing is EUR 8 235 294. Intensity of financing is 60% up to EUR 25K for one applicant.

Goal(s) of UNESCO's 2005 Convention
Cultural Domain(s)