European best destinations 2025 - Riga

Creating Startups in Riga

Applications are open for the Hello Tomorrow Summit 2026 delegation! 
 

An opportunity to apply for participation in a delegation to the Hello Tomorrow 2026 Investor Day and conference, taking place on June 10–12 this year in Amsterdam, the Netherlands.

The “Hello Tomorrow Summit”, held on June 10–12 this year in Amsterdam, the Netherlands, will bring together more than 3,000 participants — company founders, investors, and leaders from industry and research. The core conference program includes 4 stages, more than 100 speakers, and 125 exhibition booths. During the summit, the final of the “Hello Tomorrow Global Startup Challenge” will also take place, with a record number of participants this year, including many from Latvia.

Investor Day will take place on June 10 and will gather industry investors from around the world.



Deep tech startups whose priority is raising capital for further growth are invited to apply for the investment attraction delegation to the conference Investor Day on June 10, organised by the Riga Investment and Tourism Agency (RITA), which also includes full access to the Hello Tomorrow conference. Delegation participants will have their transport expenses covered and a set number of hotel nights provided for attending the conference.

Deep tech startups that wish to present their innovations at the StartUp Latvia booth, expand their international network, and meet potential partners and investors are invited to apply for the trade mission to “Hello Tomorrow Summit 2026”, organised by the Investment and Development Agency of Latvia (LIAA), which will take place on June 11–12 in Amsterdam.

Files for download

Latvian Startup Report 2025
Startup scene in Riga 2025
The Economic Profile of Riga 2025

Why is Riga an excellent place for startups?

  •  Excellent connectivity - Riga Airport is the largest in the Baltics with the best connections for easy access to the whole of Europe.
  • Highly skilled workforce - trilingual, well-educated and highly motivated.
  • International startup community with industry events predominantly in English.
  • Law on support for startups as a national support for startups.
  • The Startup Visa is offered to all non-EU startup founders willing to come and launch their startup ideas in Latvia. The Startup Visa is open to up to five founders and is particularly family-friendly.
  • Favorable regulation of share options. Share options are a bonus scheme that allows companies to attract key employees over several years.
  • A favorable tax environment for startups.
  • 11 regional business incubators and 9 support units across Latvia, offering training, mentoring support and grants, as well as organizing events on general business issues. In addition, a Creative Industries Incubator in Riga, specializing in support for creative industries.
  • A friendly and growing startup ecosystem with shared formal and informal networks and educational events, as well as a daily dialogue with the municipality.
  • Easily accessible venture capital funds from all over the Baltics: BadIdeas Fund, BuildIt, Change Ventures, Commercialisation Reactor

Success stories of startups in Latvia

 

       

      

       

 

 

Useful Links:

Riga Investment and Tourism Agency's Co-financing Programs

Contacts:

Ieva Felman, tel. +371 29395757, e-mail: Ieva.Felmena@riga.lv

If you need an assistance

We are your first point of contact if you're interested in Riga as a place for investment, business development, or film production. We will assist and help with the right people and organizations without added cost. Get in touch and let's make things happen.

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