Raivis Bremšmits, director of LIAA said: "These trainings are a valuable step for anyone who wants to create and develop their own knowledge-based start-up, gaining a deeper understanding of science and technology commercialization and receiving a practical road map for a successful start-up. Until 2026, 6 such training courses will be held, each planned to educate at least 30 potential managers of start-ups. Thus, we are creating the basis for achieving the goal of increasing the funding invested in research and development to 1.5% of the gross domestic product, promoting the growth of the national economy and strengthening its competitiveness in the global environment."
The aim of courses is to create a sustainable and motivating training platform that promotes entrepreneurship and innovation culture, taking into account Latvian legislation, opportunities, and resources. The sessions are specially designed for students, researchers, and academic staff to enable them to develop their ideas and turn them into viable business projects.
The training program includes the topics necessary to develop a strategy for the commercialization of scientific research. Participants will learn the principles of innovation management and leadership issues, with a focus on how to build a team – this is a vital element in creating startups. Within the program, practical aspects will also be discussed – intellectual property strategy, attracting funding and building an organization.
Participants will gain hands-on experience in developing commercialization plans for their research ideas. At the end of the program, the participants will have acquired the basic skills to be able to evaluate the technological advantages of scientific achievements, create a roadmap for the development of a deep-tech company, and start the commercialization process.
Andris Baumanis, CEO of UniLab said: “This course will provide its participants not only with theoretical knowledge, but also with the practical skills necessary for the creation of science-intensive start-ups. The aim of “Venture Catalysts” is to introduce our future founders of technological start-ups into the global innovation ecosystem, who will not only transform Latvia’s knowledge economy, but will also raise Latvia’s global competitiveness with their work and energy.”
Each training cycle will last five weeks, during which participants will attend ten two-hour lectures, as well as practical exercises and individual sessions. The training will take place both online and face-to-face, providing a flexible approach to learning. The courses are free of charge and will be held in English.
The first course will start on October 22, 2024, and more details, including how to apply, applications can be ound here.
