RIGA - Approximately 50 million euros is expected to be invested in around fifty companies with high growth potential in the coming years, the Latvian Guarantee Agency’s board chairman Klavs Vasks said to reporters on Aug. 13 while presenting its third venture capital funds program, reports Nozare.lv.Under the program, 30 million euros will be available from European Union structural funds and approximately 20 million euros will be private co-financing allotted to individual projects. According to Vasks, the main goal of the third venture capital program is to support young, r...
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