Support for projects to improve industrial capabilities

 

Information to be included in the application:

 

1. Product Description:
Provide a description of the product, its functionality, planned production volume and production capacity. Include information that facilitates the assessment of the product’s application, uniqueness and other relevant aspects. If the project concerns a dual-use product, please clearly describe both its military and civilian applications.

 

 

2. Description of the Investment Project and Expected Turnover:

2.1. Planned size of the investment project; 

2.2. Planned amount of the loan with a capital rebate or guarantee with a capital rebate to be applied for from the joint stock company Development Finance Institution Altum; 

2.3. Planned turnover after completion of the investment project; 

2.4. Planned turnover in the post-monitoring year; 

2.5. Planned number of new or retained full-time jobs resulting from the project in the post-monitoring year; 

2.6. Planned coefficient of the average monthly gross salary in the post-monitoring year compared with the average monthly gross salary of the previous year in the respective statistical region. 

 

 

3. Previous Experience 

Describe previous experience in implementing the same or similar projects. Clearly explain how any overlap with other public support projects has been mitigated, where such projects have been implemented in the past or are currently being implemented, ensuring the prevention of overlap risks and the complementarity of support measures. This includes support received for this or similar projects from the Investment and Development Agency of Latvia (LIAA), the Central Finance and Contracting Agency (CFCA), and the Development Finance Institution ALTUM.

 

 

4. Link to the Long-Term Development of the Latvian National Armed Forces 

If applicable, provide information demonstrating the project’s contribution to the long-term development of the Latvian National Armed Forces, based, for example, on: 

• The Summary of Long-Term Development of the National Armed Forces 2025–2036; 

• The Defense Industry and Innovation Support Strategy 2025–2036; 

• The Guidelines for the Involvement of the Defense and Security Industry in Strengthening Defense Capabilities. 

 

 

5. Cooperation with the Armed Forces of Latvia and NATO/EU Member States 

Provide information on all previous cooperation activities, including: 

• concluded contracts; 

• participation in procurements; 

• market consultations and market research activities; 

• testing and trials; 

• military exercises; 

• other forms of cooperation. 

 

6. Target Market

Describe the planned target market, including potential customers, market segments and geographical markets. For dual-use projects, distinguish between military and civilian market segments. 

 

 

7. Project Partners 

List all partners involved in the implementation of the project, including: 

• partners with whom contractual agreements have already been concluded; 

• partners with whom negotiations are ongoing;
• partners that are planned to be approached in the future. 

 

 

8. Project Financiers and Investors 

Indicate all financiers and investors, including: 

• those with whom binding commitments (hard commitments) have already been established; 

• those who have expressed willingness to participate subject to certain conditions (soft commitments).