Project Title: Investment Readiness Training According to Regional Needs

Project No.: LLP-LdV-TOI-2009-LV-008

Acronym: IRTRI

Project Implementation Period: 01.10.2009 – 30.03.2011

Project Funding: EUR 183,919

Project Objective: To develop a knowledge transfer strategy based on the existing experience of Meta Group in supporting entrepreneurs, thereby facilitating their access to seed capital. Within the framework of the project, a methodology was developed for training new entrepreneurs to work with investors.

The project consisted of seven work phases.

Two of them – project coordination and dissemination of results – lasted throughout the entire project duration.

The remaining five phases included:

• analysis of regional situations:
• assessment of training needs,
• development of training materials,
• improvement of the program based on regional needs,
• pilot training and further program development based on pilot training feedback.

This project had a positive impact on the Latvian capital market by providing new training programs that enabled entrepreneurs to find suitable investors, there by increasing their chances of accessing venture capital.

Project funding: EUR 183,919

Implementation period: 18 months, started on 01.10.2009 and will be implemented until 30.03.2011.

More information about the project is available from the project manager

Valdis Avotiņš
Phone: +371 63629657,
Email: valdis.avotins@venta.lv