Recently ranked by Index Ventures as the most “startup-friendly” country in Europe!
- Startup Law as a national level support for startups
- Startup visa is offered to all non-EU startup founders who are willing to come and kick-off their startup ideas in Latvia, a proud member of the EU since 2004. Up to 5 founders with a startup visa, and noted to be family-friendly!
- Favorable stock option regulation.
The granting of stock options is a bonus payment system that allows companies to attract important employees for several years - 13 incubators throughout the whole Latvia support the necessary environment for the setup and development of business by offering training, mentor support and grants, and organizing events on general business issues.
- Friendly startup ecosystem with common formal and unformal networking and educational events and daily dialogue with municipality.
Success stories
Lokalise (lokalise.com);
Sun finance (sunfinance.group);
Mintos (mintos.com);
Printful (first Latvian unicorn - Printful.com);
Edurio (home.edurio.com);
GameChangerAudio (gamechangeraudio.com);
Anatomy Next (anatomy.net).