ALTUM Loans with Capital Discount (dual-use)
ALTUM (Latvian state development finance institution) & Ministry of Defence
About this opportunity
Latvian state subsidised loan with a capital write-off for innovative and dual-use product development; an MoD dual-use opinion moves you to the front of the queue.
ALTUM, Latvia's state development finance institution, offers subsidised loans that carry a partial capital write-off for companies building innovative or dual-use products, working with the Ministry of Defence on eligibility. Applicants must first secure an opinion from the Ministry of Defence or the Latvian Council of Science; a dual-use opinion moves the project to the front of the queue. This route requires a Latvian entity.
Eligibility
For Latvian businesses developing innovative or dual-use products; requires a Ministry of Defence or Latvian Council of Science opinion. A Ukrainian company would need a Latvian entity.
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Aggregated from open, public sources and collected here for Ukrainian defense & dual-use companies. Details can change — confirm the current terms on the program's own page.