Entrepreneurship

Active and attractive business environment

Cooperation in two directions is supported: 

• Firstly, we believe there are more entrepreneurs in the region, who are ready for corss-border cooperation. The programme will finance projects that carry out altogether at least 30 events with at least 500 participants.
  
  Within the 1st call of proposals 9 projects have been selected. All funding (around 2.7 million euros) allocated to this specific objective has been committed during the 1st call of proposals. 
   
• Secondly, we also want to encourage more entrepreneurs to carry out joint product or service development. That is why the programme will support projects that altogether carry out joint development works of at least 12 products or services and at least 12 joint marketing activities.
  
  Within the 1st call of proposals 8 projects have been selected of total amount of ~2.8 million euros. Around 5.8 million euros are available for the next calls.  

Examples of expected activities for joint product development

• Joint product and service development;
• Long-term development activities for SMEs;
• Building marketing and sales related competencies;
• Enhancing cooperation between SMEs, research and educational institutions, and public support structures;
• Marketing activities. 

Project main features 

• The maximum grant size for SO 1.2. will be specified by the time of opening the next call for proposals. 
• All types of organizations and SMEs can apply.
• Programme will support up to 85% of the total budget of the project. State aid rules apply (see the Annex 1 of the programme manual).

Specific requirements

At least one SME from Estonia and one SME from Latvia must contribute to carrying out joint product or service development. More specific requirements will be provided prior to opening of the call.