Business Greening Loan or Guarantee with Capital Rebate (Uzņēmējdarbības zaļināšanas aizdevums ar kapitāla atlaidi)
ALTUM
Latvia's principal instrument for industrial energy efficiency and decarbonisation capex, and the successor to the closed Recovery Fund energy-efficiency loan. ALTUM lends directly or guarantees a bank loan and forgives up to 30 % of the principal once the environmental target is met. Building upgrades must deliver at least 30 % primary energy savings; renewable installations must be for self-consumption. Geography currently decides eligibility more than sector does — check which window your production site falls under before modelling the rebate.
From idea to completed grant — five steps
- Describe the idea. Company name and a few sentences about the project — registration number and sector are fetched from the registry.
- Check your chances. Granteon assesses the project against the criteria in Business Greening Loan or Guarantee with Capital Rebate (Uzņēmējdarbības zaļināšanas aizdevums ar kapitāla atlaidi) and tells you honestly whether it can be won — before you write.
- 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.
- 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.
- Deliver and report. Reporting plan, draft reports and budget tracking after the award — until the final report is filed.
Granteon is free — including complete applications. You submit it yourself, and the application is yours.
Questions and answers about Business Greening Loan or Guarantee with Capital Rebate (Uzņēmējdarbības zaļināšanas aizdevums ar kapitāla atlaidi)
Who can apply for Business Greening Loan or Guarantee with Capital Rebate (Uzņēmējdarbības zaļināšanas aizdevums ar kapitāla atlaidi)?
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 Business Greening Loan or Guarantee with Capital Rebate (Uzņēmējdarbības zaļināšanas aizdevums ar kapitāla atlaidi)?
Inntil €10 000 000. Funding rate: Capital rebate up to 30 % of the loan, capped at EUR 3m per group (regional Just Transition track) or EUR 300 000 (ERDF energy-efficiency track); guarantee up to 80 % of a bank loan; borrower contributes at least 10 %.
When is the application deadline?
Rolling until funding is exhausted. From 16 November 2026 the window extends to SMEs in Riga and Pierīga and to large enterprises Latvia-wide if funding remains. Projects must be completed by February 2029. 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.
Similar funding schemes
Grant up to €2.5M plus equity investment up to €15M for startups and SMEs with breakthrough, high-risk innovations…EIC STEP Defence Scale Up — direkte egenkapital til forsvarsselskaper — European Innovation Council (STEP)
FØRSTE GANG et EU-program investerer direkte egenkapital i forsvarsselskaper. Pott på €100 mill. EIC går inn med…EIC Pathfinder — European Innovation Council (Horizon Europe)
Funds visionary early-stage research on radically new technologies (TRL 1–4). Usually requires a consortium of at…EIC Transition — European Innovation Council (Horizon Europe)
Matures technologies from prior EU research projects (TRL 4–6) toward market — up to €2.5M for validation and business…Horizon Europe – Collaborative projects (Pillar II) — European Commission
The EU's main R&I funding: consortium projects (min. 3 partners from 3 countries) under thematic clusters — health…
Language: Norsk · English