{"id":52586,"date":"2025-05-13T15:54:36","date_gmt":"2025-05-13T13:54:36","guid":{"rendered":"https:\/\/www.altum.lv\/for-the-development-of-innovative-products\/"},"modified":"2026-04-15T14:59:56","modified_gmt":"2026-04-15T12:59:56","slug":"for-the-development-of-innovative-products","status":"publish","type":"page","link":"https:\/\/www.altum.lv\/en\/services\/enterprises\/for-the-development-of-innovative-products\/","title":{"rendered":"For the development of innovative products"},"content":{"rendered":"\t\t
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Altum<\/a>-<\/span><\/div>\n

\n For the Development of Inovative Products\n <\/h1>\n

\n \n <\/p>\n

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\n About the Loan<\/a>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n\t\t\n
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\n\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Applications for programme have been suspended<\/h3>\n

Below information for due date applications that were accepted.<\/p>\n

\u00a0<\/p>\n

To encourage the production of new and innovative products that have not been introduced before, public funding is available to entrepreneurs in the form of a loan with a capital rebate if the project is in one of the RIS3 areas, such as smart technologies, bio-economy or dual-use production of innovative products in the field of security and defence. The loan’s eligibility costs are investments in material and non-material assets, as well as expected wage costs.<\/p>\n

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\n \"icon\"\n <\/div>\n

\n Loan from EUR 300 000 to EUR 5 000 000\n <\/p>\n <\/div>\n \n

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\n Loan up to 15 years\n <\/p>\n <\/div>\n <\/div>

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\n The maximum capital rebate is EUR 1.5 million. The capital rebate can be obtained by redeeming up to 30%* of the principal amount of the Altum loan\n <\/p>\n <\/div>\n \n

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\n \"icon\"\n <\/div>\n

\n Capital rebate is applied after project post-monitoring phase\n <\/p>\n <\/div>\n <\/div><\/div>\n

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\n *The support is granted under EC Regulation 651\/2014 or alternatively under de minimis Regulation 2023\/2831.\n <\/p>\n <\/div>\n \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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The loan is available to small (micro), small, medium and large entrepreneurs with up to 3 000 employees. Companies registered in the Commercial Register of the Republic of Latvia are supported.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Altum– For the Development of Inovative Products About the Loan Applications for programme have been suspended Below information for due date applications that were accepted. \u00a0 To encourage the production […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":10873,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-52586","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"\nFor the development of innovative products - Altum<\/title>\n<meta name=\"description\" content=\"To encourage the manufacturing of new and innovative products that have not been previously developed, there is public funding available to entrepreneurs - a loan with a capital discount if the project is carried out in one of the RIS3 areas, such as smart technologies, bio-economy or dual-use manufacturing of innovative products in the security and defence sector. 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