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Support for Projects Improving Industrial Capacity — military and dual-use (Atbalsts rūpniecisko spēju uzlabošanai)

Ministry of Economics and Ministry of Defence, implemented by ALTUM

Inntil €20 000 000
Capital rebate up to 50 % of the ALTUM loan (max EUR 20m) or up to 35 % of a guaranteed loan (max EUR 25m); regional aid intensity 30–50 % in Riga and 50–70 % elsewhere
grant+loan
Latvia
Call open 3 August to 2 October 2026

A EUR 70 million measure, of which EUR 35 million is in the currently open round, for companies building or expanding production of military or dual-use products: new factory construction, production technology and supporting infrastructure. ALTUM provides either a loan or a guarantee, both with a capital rebate. A prior opinion from the Ministry of Defence confirming the military or dual-use character of the product is a precondition, and it is the real constraint on the timeline: about 10 working days for a company that already holds a military goods licence, but up to four months for one that does not. Official sources differ on whether large enterprises qualify, and the regulation sets a minimum eligible project cost that may exclude smaller SMEs from the loan route — check both with ALTUM before counting on it.

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