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Funding period
2014–20212021–2028

Showing all data for 2014–2021

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Completed

Entrepreneurship support measures in the Riga Planning Region

Riga Planning Region ·Latvia

€711k
Grant awarded
Local Development, Poverty Reduction and Cultural Cooperation
Programme
17 June 2021
Signed

About this project

<p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><strong><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif"><span style="color: #000000">Project objective:</span></span></span></strong></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">To promote balanced development of the Riga Planning Region (henceforth - RPR) with the aid of regional entrepreneurship support mechanisms</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><strong><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">Project Promoter: </span></span></strong><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">Riga Planning Region, Latvia</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><strong><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">Donor project partner: </span></span></strong><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">Vestland County Municipality, Norway</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><strong><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">Total maximum eligible project cost: </span></span></strong><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">€&nbsp;711,016</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><strong><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">Project duration:</span></span></strong><strong><em> </em></strong><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">34 months (July, 2021 – April, 2024)</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><strong><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">Project Target groups:</span></span></strong></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">The most important target groups of the Project are the RPR, local governments, entrepreneurs, owners of new business ideas, non-governmental business organisations, local communities and young people. </span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 10pt"><span style="font-family: Calibri, sans-serif"><strong><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif"><span style="color: #000000">Main Activities:&nbsp; </span></span></span></strong><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">A0.Project management and administration; <span style="color: #000000">A1.</span>Strengthening the capacity of the entrepreneurship centre and local governments of the Riga Planning Region; A2.</span></span><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">Promoting the RPR, strengthening its development and entrepreneurship</span></span><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">; </span></span><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">A3.Regional mentoring of youth for entrepreneurship; A4.</span></span><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">Region specific activities to increase employment and competitiveness; </span></span><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif"><span style="color: #000000">A5.Project communication and publicity. </span></span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 14pt"><span style="font-family: Calibri, sans-serif"><span style="color: #0D0D0D"><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">Planned project results: </span></span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">● Supported businesses with increased operational capacity;</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">● strengthened capacity of the Entrepreneurship centre of RPR to support entrepreneurship;</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">● increased share of entrepreneurs satisfied with the services and support provided by local governments;</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">● p</span></span><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">rofessional staff trained in entrepreneurship promotion and inter-municipal cooperation;</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">●</span></span><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif"> most local municipalities located in the region participate in capacity development initiatives aimed at strengthening entrepreneurship;</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">●</span></span><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif"> individuals supported for local business development;</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><strong><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">● </span></span></strong><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">n</span></span><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif">ew region specific solution to increase regional competitiveness and employment implemented</span></span></span></span></p>

Bilateral cooperation results

a. How the project benefited from having a donor project partner? The donor partner, Vestland Regional Municipality, played the main advisory role in the implementation of the project, given the partner's extensive experience in promoting entrepreneurship. Norwegian partners were involved as consultants in all main project activities and in the organization of experience exchange trips. This ensured added value to the support activities organized in Latvia. b. Describe the main results from a bilateral level. The main results of bilateral cooperation are the exchange of knowledge and experience between Latvian and Norwegian partners regarding the support provided by regional and local government institutions to business, creating a cooperation ecosystem, promoting activities and developing support tools or organizing various events aimed at local development and place marketing. c. Plans to continue the bilateral cooperation. The project partners have discussed the possibility of continuing cooperation in the future, possibly within the framework of a new EEA / Norwegian financial instruments. However, the implementation of specific cooperation projects in the future will depend on the functions, duties and competences of both partners in the areas of cooperation chosen by the partner countries.

Project partners

Latvia country profile Other projects in this programme Project website