ALTUM Digitalisation Grant

KEY FACTS Total budget: 45.14M EUR Max per applicant: up to 200,000 EUR grant (capital discount), plus a paired loan of 100,000 to 7M EUR Co-funding: up to 35% capital rebate on eligible investment costs Already allocated: about 31M EUR across 51 projects (~69%) Open until: funds run out (programme runs to about 2026) Eligible costs: software, digital and automation systems, technology implementation Who can apply: Latvian SMEs and larger merchants meeting the programme criteria ALTUM is Latvia's state owned development finance institution, helping local businesses modernise how they work, including automating manual processes and adopting AI tools. Support is delivered as a capital discount paired with favourable financing. Figures are indicative and depend on your company size and investment type. Confirm the live details on the ALTUM website. We can map your AI training and automation roadmap to what ALTUM is currently funding.