'Deep Tech' conference coming to Rīga in April

The Investment and Development Agency of Latvia (LIAA) has announced it will organize a second international Magnetic Latvia Technology conference Deep Tech Atelier in Riga from April 12th-13th.

For anyone wondering exactly what an "atelier" is, the dictionary defines it as "a workshop or studio, especially one used by an artist or designer."

"The event will include an extensive practical and educational program, gathering together science-based startups, research organisations, entrepreneurs, industry and government institution representatives, and technology fans in one place," LIAA said.

“The Deep Tech Atelier conference is a special event where entrepreneurship meets science. We have capable scientists, powerful entrepreneurs, and access to a wide array of financial support both from European funds, as well as private investors. This is why we can already be proud that precisely in Latvia such strong, science-based startups are created such as Naco Technologies, which was acquired by German auto giant Shaeffler, or Eventech, which provided technological support for the “Luna 27” space mission Moon landing,” said LIAA Director Andris Ozols.

During the Deep Tech Atelier technology conference, the thirteenth Commercialization Reactor Ignition Event will also be held. It will provide all entrepreneurs the opportunity to create their own science-based technology company in cooperation with up to 20 pre-selected technology authors.

“Support and mentoring for the creation of new businesses is provided by the Commercialization Reactor. Existing businesses can also join our acceleration program and receive financing from the Commercialization Reactor Fund. With the help of our team more than 90 companies have already been created in Latvia. They have succeeded in attracting more than seven million euros in risk capital and private investment. These achievements prove that Riga must be taken into account as a European high-tech startup creation centre,” said Commercialization Reactor founder and self-described "visionary" Nikolajs Adamovics.

Detailed information about the conference and program is available at the LIAA website and you can see a short film about last year's event below. Look out for the words "an idea funnel" and someone playing the trombone.

 

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