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Tuesday 22.08.2017 | Name days: Rudīte, Everts
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Competence centres to develop new products for 37.37 million lats

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Baltic news, News from Latvia, BNN-NEWS.COM, BNN-NEWS.RUWith the European Union’s (EU) support, six competence centres will start operating in Latvia, conducting more than 120 significant studies of the national economy in five years’ time.

The competence centres unite related businesses and scientific institutions with a common goal to create new, competitive products and technologies, as well as establish more than 500 new jobs, reveals Andris Ozols, the Head of the Latvian Investment Development Agency.

Over the next five years, each of these competency centres will carry out various studies that individual companies would most likely not manage on their own, especially in these tough economic times. Cooperation with other companies and research institutions will provide an opportunity to launch new, innovative products and services, reducing each individual member’s risk and contributing to the national economic development, Ozols emphasizes.

While the Economics Minister Artis Kampars points out the EU Structural Funds invested in the competence centres will be purposefully used for the development of Latvia’s priority sectors, and could lead to favourable consolidation when establishing the competency centres. The centres will bring together the most successful businessmen and smartest scientists, demonstrating the ability to cooperate, in order to obtain new globally significant products and technologies, as well as create jobs.

The Minister is positive the competence centres will contribute to the economy and welfare. It is in the hands of entrepreneurs to demonstrate that they are capable of generating ideas. There is a tendency in Latvia that businessmen act on their own; however, this programme could change the situation for the better, Kampars concedes.

Within the framework of the European Regional Development Fund programme Competence Centre six centres have been established in such areas as pharmacy and chemical industry, information and communication technologies, forest industry, electrical and optical equipment manufacture, environment, bioenergy and biotechnology industry and engineering sector.

The competence centre initiative is the first large-scale activity to help boost sectoral contribution to the national economy. Up till now, cooperation between businessmen and scientists have been fragmentary and unsystematic. Competence centres will enable developing this cooperation, says Signe Bāliņa, the Information and Communications Technology competence manager.

The total funding of the project hits 37.37 million lats to be invested by 2015. It is intended to use these funds for carrying out at least 124 extensive researches. Such Latvian companies as Grindeks, MADARA Cosmetics, SAF Tehnika, Latvijas finieris, Tilde and others will participate in this programme, as well as the University of Latvia, Riga Technical University, Ventspils University and, several privately-established scientific institutes.

 

 


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  1. ghh says:

    Hope some good development is achieved!

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