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Tuesday 19.09.2017 | Name days: Verners, Muntis
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EU provides additional funding for project intended to improve cross-border business

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUEuropean Union has allocated additional funding for the project intended to improve small and medium Estonian and Latvian cross-border business development.

DELBI project will be realized as part of Estonian-Latvian cross-border programme to create common contact point for Estonian and Latvian businesses, as well as provide support for the foundation of varied and economically advantageous cooperation between businesses of the two countries. Now funding is provided for the project’s second phase – DELBI II.

The main goal of this project is increasing the number of small and medium-sized businesses in Estonia and Latvia that would perform cross-border trading. Representatives of the project say that this goal will be achieved through joint business measures within the programme’s marked territory. Common goals of this project include the following:

-increasing cross-border cooperation between small and medium-sized companies and start-ups that represent food, logging and tourism industries;

-strengthening cooperation among Estonian and Latvian business support organizations through the realization of different projects, as well as attracting other interested sides;

-increasing the level of competitiveness of small and medium-sized companies, their knowledge of export/import relations and promote cooperation opportunities between the two countries. The project is based on the need to organize and realize responsible, practical and active business measures that would unite companies in a real business environment.

«Cross-border cooperation between Latvia and Estonia is a significant challenge at the heart of which lies Estonia’s active cooperation with Scandinavia more than with Latvia. Southern Estonia does share a border with Latvia – this is the exact target for Latvian companies. Two of the project’s partners from Estonia are located in Tartu on top of that,» says the project’s representative.

Experience gained through DELBI I shows that companies lack practical approach for support of cross-border cooperation, which will be difficult for them to reach without DELBI II. This is indicated by the lack of databases, contacts, information and experience. Authors of the project have compiled three types of needs and opportunities – programme, business and partners.

The programme is aimed to improve cross-border cooperation in the region.

The second need is the foundation of practical contacts among companies. This means organizers have to have precise information about each partner, the project’s partners say.

The third need is partners that would support their associates and represent their needs – to goal of every partner is providing project participants with appropriate services and promotion.

Ref: 225.109.109.5923


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