'Born Global' forum and hackathon aim to exploit exports

To help Latvian exporting companies meet the challenges posed by the current geopolitical situation, an export forum titled “Born Global 2022” will take place on April 20 in Rīga. 

The forum is organized by the Latvian Investment and Development Agency in cooperation with the Latvian Exporters' Association "The Red Jackets" and the innovation management company "Helve".

"The Export Forum will look for answers to the most pressing questions at the moment: how to reorient export markets for companies, how to ensure alternative supplies of raw materials, how to solve logistics challenges and create a competitive business environment in Latvia in cooperation with state and local government institutions. The aim of the forum is to bring together Latvian exporting companies and leading experts of various state institutions and organizations in various sectors to jointly analyze the biggest challenges, establish closer cooperation and seek new approaches to overcoming obstacles to further export development," say the organizers.

"The conditions of war in Europe have shaken not only people's lives but also economic relations. Although Latvian companies have been purposefully reducing co-operation with Russia since 2014, three markets for exporting companies have now actually closed - both the sanctioned Russia and Belarus and the war-torn Ukraine. In addition, what is happening now affects not only companies that work directly with one of these countries, but the entire supply chain. There will be no shortage of challenges - exporters will need state support programs, projects and active cooperation to find new business partners abroad, so we invite you to come together and discuss various strategies for further growth of Latvian and Baltic exporting companies,” says Līva Stūrmane, Executive Director of The Latvian Exporters Association.

The forum program will involve five main areas: the business environment for export, human capital, access to finance for companies and innovation. 

Leading exporters will take part in the discussions, including BalticOvo, Kinetics, LMT, Printful, Primekss, Rāmkalni, SmartLynx Airlines, LightSpace Labs, and representatives from the Latvian Investment and Development Agency. Ministry of Economics, Bank of Latvia and ALTUM.

The Born Global 2022 Export Forum will take place on April 20 from 10:00 to 17:00 at the Grand Poet Hotel. To participate in the event in person, those interested are invited to register here: ej.uz/exportforum. Participation in the forum is free and you will also be able to follow a livestream of the event remotely.

In addition, a second event will take place in "hackcthon" style looking for new, innovative and exciting ideas and solutions to tackle diverse challenges faced by enterprises. The Sustainability hackathon will take place online from May 6 to 8, bringing together more than 100 participants and idea generators to collectively come up with new solutions for sustainability.

There will be a prize fund worth 9,000 euros – the three best hackathon teams will each receive a prize of 3,000 euros.

Not only programmers, designers, product experts and other professionals are invited to join, but any enthusiast ready to hack sustainability with or without their own idea can join the program, and in the process join a team with an existing idea or solution. Individual participants, as well as already formed teams with an idea are welcome to join, as long as they are solving an issue related to sustainability.

“We see open innovations as an effective way to overcome diverse obstacles faced by enterprises Today, and we are confident that this year teams will come up with innovative and sustainable solutions that may potentially become exporting enterprises in the future,” said Līva Pērkone, “Helve” managing partner and representative of the organizing team.

Registration for the hackathon is open until May 3, through the “Born Global” webpage bornglobalhack.eu/hackathon. More information can also be found on the event page fb.me/e/2i4etBNNM.

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