The Latvian Startup association “Startin.LV” has published a very handy and readable overview of the funding assistance and legal framework for new companies on its Medium site.
"This article will go through the outlined support options from the seminar, as well as additional information that could be useful to startups looking for support," the article says, before making good on its promise and noting the assistance of the Economics Ministry in putting the whole thing together.
Don't know where to look for money, when founding a startup in Latvia? @StartinLV in a collaboration with @EM_gov_lv have done a great job and gathered all the necessary information you need:https://t.co/KkBbxsrR7q
— TechChill (@TechChill) March 6, 2019
The text also outlines the differences between the different incubators and agencies involved in the startup sphere, which can sometimes dazzle with their variety.
In addition you can check out some existing startups that have made Latvia their base at the "Magnetic Latvia" website.