A new technology that can control a city’s infrastructure is currently being tested in Rīga, and hopefully that will make it possible to turn the Latvian capital city into one of the smartest cities in Europe. This announcement was made by the Latvian telecoms company Lattelecom during the Digital Freedom Festival.
30.11.2016, Start-up, Economy, Business
BLINDSAVE USA LLC has created a unique product for athletes – the world’s first protective gear that adjusts itself to conform to the person’s body, thus ensuring superior protection and comfort. The gear is suited for use in basketball and other indoor sports, as well as football.
19.10.2016, Start-up, Sports
Latvia’s Cabinet of Ministers has approved an Economics Ministry programme to lower taxes and co-fund the salaries of highly qualified employees at start-up companies in 2017. The Economics Ministry has been charged with organising a EUR 3 million programme to co-fund wages when start-ups lack financing to hire qualified specialists. The plan is to be submitted to the full Cabinet of Ministers on October 11.
28.09.2016, Start-up, Business
Elviss Straupenieks graduated from Rainis 6th High School in Liepāja this year, but unlike other graduates, he is just 17 years old and already running his own business – Elviss is the founder, owner, and head of the AirBoard startup. AirBoard is the world’s smallest manned aircraft.
Latvian Institute, 08.07.2016, Start-up, Innovation
In the national finals of the Creative Business Cup, where four companies competed against one another to represent Latvia at the world’s leading competition for creative industries, the company Vividly came out on top. Vividly, which offers virtual reality solutions in architecture, will represent Latvia at the Creative Business Cup in Copenhagen this fall.
28.06.2016, Innovation, Start-up, Economy