About the Venture Capital Programme

On 15 October 2018 a contract was signed for the creation of a second venture capital fund “FlyCap Mezzanine Fund II”, which will be managed by venture capital fund manager “FlyCap”.
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Venture capital is a long-term equity investment in companies with high growth potential, boosting their value growth, growth speed and expansion
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Venture capital investments can be made as investments in a company’s equity capital or quasi-capital
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Venture capital provides opportunities for companies with high growth potential and innovative enterprises which do not receive investments from traditional financiers due to high risk
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The volume of investments can reach EUR 3.75 million in one enterprise
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The investment period – up to 5 years
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The investor becomes a business partner, sharing the risks and the income of the company, and who provides the company with his experience, knowledge, access to a range of contacts and experts, with an intention of enhancing the company’s turnover, profitability and value
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Venture capital investments are made to increase a company’s value by funding its growth and development
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Venture capital funding will be provided as support for venture funding in accordance with requirements set forth in Article 21 of Commission Regulation (EU) No. 651/2014 of 17 June 2014.
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The programme is governed by Cabinet Regulation No. 518 of 12 April 2016 "Regulations on Seed Capital and Venture Capital Funds for the Establishment, Development and Competitiveness of Economic Operators".
Contact venture capital funds about attraction of funding
Venture Capital Funds
Contact us for more information
ALTUM specialists

PlayGineering, Ričards Fomrats

SONARWORKS,Helmuts Bēms

Vendon, Kristiāns Vēbers

RCG Lighthouse, Kaspars Osis un Raits Bebris

Mobilly, Ģirts Slaviņš

Art Fairs Service, Bruno Mellis

Cannelle Bakery

Naco Technologies
Other loans for enterprises
Micro Loans
For micro enterprises and self-employed entrepreneurs
SME Micro Loans
For micro, small and medium-sized enterprises
SME Growth Loans
For small and medium- sized enterprises
Co-Financing (Mezzanine) Loans
For medium and large enterprises, for co-operative communities of agricultural services
A loan for the company's energy efficiency
And renewable energy
Energy efficiency loan for ESCO
For energy service companies