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The Central Finance and Contracting Agency (CFLA) has announced an open call for project submissions: businesses, including state-owned enterprises and research and knowledge dissemination organizations developing new products, services, and technologies, can receive 31 million euros from the Recovery Fund (RF) for research investments.
Within the framework of the RF program developed by the Ministry of Economics, beneficiaries will be able to conduct industrial research, experimental development, and technical-economic feasibility studies for research projects. The available RF funding amounts to 31,000,000 euros.
The aim of the investment is to increase private research and development expenditures through targeted public investments that promote the development of new products and technologies by participating in projects of common European interest.
The CFLA will accept project submissions until April 30, 2025. Project selection documentation is available at cfla.gov.lv.
In April this year, the CFLA, in collaboration with the Ministry of Economics, will organize an online seminar on the implementation conditions of the RF program and the preparation of project submissions. Information about the seminar will be available at cfla.gov.lv.
Support is provided within the framework of Latvia's Recovery and Resilience Plan: 5.1.1.2.i. investment "Support Instrument for Research and Internationalization" in its fourth round.
Information on all project selections is available in the "Project Selections" section of the CFLA website.