Project applicants: All companies registered in Latvia
Project applicant has to justify that he will export at least 30% of the manufactured products or services( on average over the next three calendar years following the project completition).
Supported activities: Purchase of equipment related to business start-up or existing business expansion, product diversification into new products or fundamental change of production process.*
Eligible costs: new machinery and equipment purchase costs which directly provides production or service process in the project implementation sector.
Supported sectors (classification according to NACE 2.red. classification ):
- Manufacturing (C), except certain sectors**
- Transportation and Logistics (H49-52) and associated sectors (H53);
- Information and Communication Technologies (J61-62) and related industries (J58, J63);
- Health Care (Q86-88).
The minimum EU eligible costs: 100 000 Ls
EU CO-FUNDING: 45% of eligible costs
The maximum amount of funding per project: 900 000 Ls
Deadline for project submission: 02.09-30.11.2013
*To receive this support you must fulfill certain qualifying conditions (added value per 1 employee).
**Certain steel subsectors, manufacturing of synthetic fibers, shipbuilding, tobacco, alcoholic beverages, beer production, weapons and ammunition.