Education and Science, Forum, Good for Business, Investments, Latvia, Technology

"Certainly Latvia is on track to global leadership in the field of technology commercialization. Over the past five years about 30 newly created innovative startups have created a value of more than 20 million euros and the worth of the companies continues to rise rapidly. Business and scientific excellence is the ultimate combination of a new, post-industrial economic asset, proven by investors' interest in these companies. Latvia is one of the first European countries where the commercialization of scientific achievements is being implemented since 2009, when Investment and Development Agency of Latvia (LIAA) started supporting the program," Edgar Grant, the Representative of the Commercialization Reactor, advises.

The Latvian innovative business leaders that attract local and foreign investment, are the primary factor in the new, science-based business era in Latvia and the Baltics. They are the ones who sign cooperation agreements with the world's leading companies. Mostly they are young people with a good education and experience in business management. They are supported by teams of scientists from around the world, presenting the commercialization of the latest technological solutions, including the Latvian scientists from the Riga Technical University (RTU) and the Institute of Electronics and Computer Science (EDI).

More on 30 Latvian startups at: http://www.commercializationreactor.com/born-in.html

On 6th and 7th of November in Riga, in collaboration with ALTUM and the RTU, a conference "10th Comercialization Reactor Ignition Event" will be held. During the Ignition Event, new Latvian innovative technology startups will be founded. At the Event, the scientists from different countries will meet the local entrepreneurs, who strive to participate in the process of creating global innovative business originating in Latvia.

The "10th Comercialization Reactor Ignition Event" is an opportunity for the successful foreign and local entrepreneurs to share their experience on taking advantage of the chances to develop an international business, based on technological excellence. At the Event a "Commercialization for Beginners" session is scheduled, where anyone could learn how to become an innovative entrepreneur, starting from scratch.

The Event is free for registered participants, the Online Application is available here.

The primary language at the Ignition Event is English, the program can be found here.