Start-up Loan (Starta aizdevums)

ALTUM's workhorse loan for new businesses, open to the self-employed and to companies registered no more than seven years ago, and applicable before the company is even incorporated. Up to EUR 250 000 for working capital (3 years), investments (10 years) or real estate (15 years). The interest-free variant for five eastern border municipalities is the most favourable term in the Latvian system right now.

Official call →

1. Describe the idea. Company name and a few sentences about the project — registration number and sector are fetched from the registry.
2. Check your chances. Granteon assesses the project against the criteria in Start-up Loan (Starta aizdevums) and tells you honestly whether it can be won — before you write.
3. Write the application. The AI writes from your own facts, scores the draft like an award committee, and delivers it field by field within the portal's character limits.
4. Complete the financing. Your own contribution is calculated. You can obtain a signed conditional commitment from an investor, and find consortium partners when the call requires them.
5. Deliver and report. Reporting plan, draft reports and budget tracking after the award — until the final report is filed.

Start free with Start-up Loan (Starta aizdevums) →

Granteon is free — including complete applications. You submit it yourself, and the application is yours.

Who can apply for Start-up Loan (Starta aizdevums)?

The scheme is open to applicants in Latvia. Granteon checks the remaining requirements against your organisation free of charge.

How much can you get from Start-up Loan (Starta aizdevums)?

Inntil €250 000. Funding rate: Fixed interest from 4.9 %; 0 % for new loans in the Augšdaugava, Balvi, Krāslava, Ludza and Alūksne municipalities applied for by 30 June 2027; minimum 10 % own contribution for investment projects.

When is the application deadline?

Continuous, no deadline; the 0 % border-region variant applies to loans applied for by 30 June 2027. Follow the scheme in Granteon and we email you when a new call opens.

What does Granteon cost?

Nothing. Granteon is free while we build the user base — including complete AI applications. Finding schemes requires no account.