PROGRAMS
Support for digitisation of processes in business
Support institution: Investment and Development Agency of Latvia (LIAA)
Funding source: Recovery fund (AF)
Project submission:
Starting from February 22, 2023.
Objective:
To promote the digitisation of processes in business and the increase productivity with targeted investment of resources for higher added value in business processes, which would promote the competitiveness advantages of Latvia.
Funding applicant:
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Micro, small, medium or large enterprises registered in Latvia.
Eligible actions:
Improving the following business processes:
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administrative processes (finance, accounting, administration, document management, project management, cooperation, system compatibility),
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personnel management processes (human resource management, time-keeping, work delegation, staff involvement, evaluation and motivation),
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sales processes (customer acquisition and transaction management automation, sales and transaction tracking, e-commerce, digital marketing, digital solutions for retail, customer relationship management (CRM)),
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resource management processes (resource planning and management (ERP, warehouse management systems), energy resource management, more efficient resource use),
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data management processes (data security, data storage, communication infrastructure),
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transport and logistics processes (internet of things, smart mobility solutions, perception systems, traffic monitoring),
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production and quality control processes (management and automation of production and business processes, quality control systems, data synchronization, data analytics),
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operational management processes (business management, business analytics, big data analytics, solutions for decision-making management, data automation, synchronization),
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strategic management processes (strategy development for digitisation (processes and products) or innovation),
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other improvements related to Information and Communication Technologies (ICT) products, technologies, security or processes.
Amount and intensity of support:
Available public funding for support EUR 40 million.
Intensity of aid in Riga and Pieriga:
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for large enetrprise: 30 %
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for medium enetrprise: 40 %
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for micro or small enetrprise: 50 %
Intensity of aid in other regions:
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for large enetrprise: 40 %
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for medium enetrprise: 50 %
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for micro or small enetrprise: 50-60 %
Amount of aid (regardless of region): up to 100 000 EUR.
Ineligible industries:
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Fishing and aquaculture
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Primary agriculture
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Transport sector
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Energy generation, distribution and infrastructure
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Gambling and betting activities
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Shipbuilding sector
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Steel sector
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Coal sector
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Synthetic fibres sector
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Retail sale of weapons and ammunition.
Pre-conditions for receiving support:
Enterprise:
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conducts a digital maturity test to assess the current digital technology situation and identify areas where investment is needed;
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receives a digital transformation roadmap, or an assessment conducted by the European Digital Innovation Center (EDIC), which including the activities, goals, tasks, and achievable results planned in the project;
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invests in the development of the company's digital transformation in accordance with the roadmap.
Support procedure:
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The supported activities shall be outsourced and the goods supplier / service provider shall be selected in the appropriate procurement procedure.
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After the completion of the project, an assessment of what is planned on the road map should be carried out.
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If a positive EDIC opinion is received and documents justifying the costs are submitted, the LIAA will make a payment to applicant in the amount of the applicable aid intensity.