Entrepreneurship support measures in the Riga Planning Region

Project facts

Project promoter:
Riga Planning Region(LV)
Project Number:
LV-LOCALDEV-0005
Status:
In implementation
Initial project cost:
€711,014
Donor Project Partners:
Vestland County Municipality(NO)

Description

Project objective:

To promote balanced development of the Riga Planning Region (henceforth - RPR) with the aid of regional entrepreneurship support mechanisms

Project Promoter: Riga Planning Region, Latvia

Donor project partner: Vestland County Municipality, Norway

Total maximum eligible project cost: € 711,016

Project duration: 34 months (July, 2021 – April, 2024)

Project Target groups:

The most important target groups of the Project are the RPR, local governments, entrepreneurs, owners of new business ideas, non-governmental business organisations, local communities and young people.

Main Activities:  A0.Project management and administration; A1.Strengthening the capacity of the entrepreneurship centre and local governments of the Riga Planning Region; A2.Promoting the RPR, strengthening its development and entrepreneurship; A3.Regional mentoring of youth for entrepreneurship; A4.Region specific activities to increase employment and competitiveness; A5.Project communication and publicity.

Planned project results:

● Supported businesses with increased operational capacity;

● strengthened capacity of the Entrepreneurship centre of RPR to support entrepreneurship;

● increased share of entrepreneurs satisfied with the services and support provided by local governments;

● professional staff trained in entrepreneurship promotion and inter-municipal cooperation;

most local municipalities located in the region participate in capacity development initiatives aimed at strengthening entrepreneurship;

individuals supported for local business development;

new region specific solution to increase regional competitiveness and employment implemented

Information on the projects funded by the EEA and Norway Grants is provided by the Programme and Fund Operators in the Beneficiary States, who are responsible for the completeness and accuracy of this information.