FIDEA - Financial and Management consulting company
We recognize the best development opportunities in our customers and help our clients to carry them through.
Program for the development of new products, services and technologies within competence centers has been announced
July 5, 2022
On July5, 2022, the Cabinet of Ministers approved the Recovery Fund Investment Program "Support Instrument for the Development of Innovation Clusters within Competence Centers", which aims to provide transitional funding to Competence Centers to enable the implementation of research and development projects for the advancement of new products, services and technologies.
The Program will support a total funding of €25 million.
Support for companies to improve energy efficiency and increase the use of renewable energy technologies
June 13, 2022
On June 7, 2022, the Cabinet of Ministers approved the Recovery Fund Support Program, under which companies will have access to funding to improve energy efficiency and increase the use of renewable energy technologies.
The support will be available to companies in the form of a loan from the financial institution “Altum” or as a parallel loan from “Altum” with a capital discount on the principal repayment.
The maximum loan amount is EUR 5 million. The loan can be up to EUR 5 million with a loan term of up to 20 years. Maximum capital discount of 30%, up to a maximum of EUR 1,5 million. EUR 5 million, after the project has been implemented and the target indicators have been reached.
LIAA and ALTUM have announced support programme for medium-sized and large enterprises
February 7, 2022
The Investment and Development Agency of Latvia (LIAA) and ALTUM have announced support programme for medium-sized and large enterprises for business development projects starting from 10 million euros.
• Purchase of new equipment.
• Purchase of buildings, construction (not exceeding 40% of eligible costs).
• Intangible assets.
Aid intensity 30% of eligible costs. The minimum support for one project is 3 million euros, but the maximum – 10 million euros.
Conditions for receiving support:
• The company complies with the status of a medium or large enterprise.
• Projects are carried out in the priority directions of smart specialization.
• The planned project envisages investments to start or expand production.
• Planned project investments are at least 10 million euros.
• The project has not yet started.
The deadline for submission of project applications is April 18, 2022.
On 9 February 2022, FIDEA will hold an online talk, during which participants will be provided with more detailed information on the new program, its conditions, the criteria to be met and the application procedure.
Within 20 years of experience, we have successfully led more than 440 projects, attracting in total 290 million Euro of financing for our clients.
The attraction of financial resources
Our expertise enables us to attract financing for your most ambitious development and research projects.
We provide a full spectrum of services - from ideation and project application to the completion of the project.
FIDEA experts aim to relieve Competence centres and their respective partners of bureaucracy and enable them to focus on the goal - innovation.
We provide economic research, analysis of industry and sectors, draft and evaluation of political initiatives. Our results enable our clients, respective industry associations, governments and municipalities, ministries and other agencies, to make informative decisions on their own as well as economic development.
Our clients include private businesses, government institutions of all levels (ministries, municipalities, industry associations) and EU institutions.
FIDEA has invested great effort in development of Smart Specialisation Strategy of Latvia. The document forms the basis for the investment of more than 600 Mil Euros in Science, R&D and Innovations for the time period of 2014 to 2020.
Management and Finance consultation
We support our clients in setting
goals, creating a strategy and attracting financing.
Management and finance consulting services include:
Profit tax allowance of investment projects
Capital investment attraction
Technical assistance for feasibility studies of investment projects
Our consultation on management provides a strategic process plan based on the current situation, facts, agreement of parties involved and resources of our client.
Consultations on government support
We have in-depth knowledge and experience in government support functions for companies, especially businesses involved in R&D.
We have developed guidelines for the calculation and segmentation of R&D. The established guidelines serve as a finance organization tool for research projects.
FIDEA has participated in the establishment of legislation that provide profit tax allowance for businesses involved in R&D investment projects.
Training for policymakers
We support our policymakers by sharing our expertise and experience in aim to raise their capabilities and qualification.
FIDEA is a Finance and Management consulting company.
Since 2002 we provide our clients with growth opportunities and help them develop a strategy for future development. We attract financing in order to set in force their business strategies.
We have combined the expertise and experience from various fields within our company and our network of business partners that allows us to support our clients in putting in motion a wide range of development projects.
We are the development partner for leading businesses, government as well as EU institutions and non-governmental organizations.
We have put a great effort in strategy development of Science, R&D and innovations both in Latvia and Slovenia.
Adress: Antonijas 5, Riga, LV-1010, Latvija
VAT No: LV40003600120
Bank: A/S Swedbank
Bank code: HABALV22
Bank account: LV58HABA0551002967852