The Latvian nature is unique in Europe. Experts say twenty minutes’ drive outside of Riga and it feels that you are in Canada. But its’ not only this that remains mostly not known to the world but also the fact it is one of the most promising markets to be emerging in Europe.
Factors that make it one of the best for companies and start-ups are its easy to enter and scale, they have fast-track procedures, there is a green corridor of smart investment, this country is known for its modern ICT infrastructure and superior accessibility.
While Latvia offers a world of opportunities to enter the European market, many native companies and start-ups are already creating a buzz within the country for their innovations.
The Arabian Marketer met Diana Zobena, Communications & Marketing Project Manager at Latvian Technology Center. The Center along with Enterprise Europe Network brought eight innovators to showcase their work in “Innovations & IT Electronics” at Riga Comm 2022. The different start-ups, founded by students to veterans exhibited their work during the two-day event at Riga.
- Algae Tree: an innovation that improves indoor air quality
- Bdetect: a skin cancer detection devise
- InPass Internet of Things: an IT Company
- Liepāja University
- Kalmars Group
- RTU Institute of Industrial Electronics and Electrical Engineering
- TSI – Transport & Telecommunication Institute
- EDI – Institute of Electronics and Computer Science, a non-profit organization that was founded in 1960.
The home-grown start-ups brought to Riga Comm innovations in artificial intelligence, connectivity, big data, IoT, mobility technologies and enterprise mobility, robotics and advanced manufacturing technologies.
Speaking on their participation at Riga Comm 2022, Ms Zobena said, “Our aim is to promote the work being done by Latvian companies. The student innovators have put up some of the most promising works that have the potential to get global appreciation. There is a SME developing skin cancer detection technology, a student has developed an air purifying device; the first prototype is on display here, a robot made by students that can play games like chess, technology to test quality of water designed by students of Liepāja University.”
“There is so much that Latvia has to offer to the world in technology. We at the Latvian Technology Center aim to participate in such events and run campaigns and initiatives to constantly highlight these Latvian innovators and take them to global platforms,” she added.
RIGA COMM is an annual business and IT industry fair and conference event in the Baltics held at Latvia.
