On February 11, 2025, the Cabinet of Ministers approved the support programme “Procedures in which state budget co-financing is granted for large, significant public events and the filming of foreign films in Latvia” (CM regulation 99).
The objective of the aid programme is to ensure co-financing of the State budget for the organisation of large public events and filming of foreign films in Latvia, creating positive economic impact, as well as promoting international recognition of the image of the State of Latvia.
From this year on 3 March to 3 April, the Investment and Development Agency of Latvia (LIAA) will accept applications in the support programme for foreign films and major events. The total budget to support both programmes is planned at EUR 23.67 million by 2027. You can apply for support on the platform: www.business.gov.lv.
Application for the organisation of large public events in Latvia.
Application for the filming of foreign films in Latvia.
For the first competition the total funding available for 2025, 2026 and 2027 projects is EUR 23.67 million – for the filming of foreign films in Latvia EUR 15.2 million and for the organisation of large public events EUR 8.4 million.
CM regulation 99 provides that after April 3, when the acceptance of applications is concluded, the LIAA will evaluate applications within one month and collect information regarding the necessary co-financing for each type of measures. The information collected sequentially will be transferred to the Ministry of Economy, which will carry out a request for financing or increase of appropriations in accordance with the available amount of financing specified in the current State budget Law in the period until 2027 in 2025, 2026 and 2027, not exceeding 15% of the amount of the fiscal security reserve of the relevant year. Following the decision to increase appropriations, the LIAA will conclude contracts with project promoters.
Cabinet Regulation No. 173 of 15 March 2022, procedures in which State budget Co-financing is granted for filming of foreign films in Latvia, the LIAA has disbursed co-financing for 24 film projects in the amount of EUR 5.28 million. The amount of taxes paid within the framework of supported film projects amounts to EUR 5.67 million.