Wanted: Latvian-American innovation. Cash offered.

The American Chamber of Commerce in Latvia (AmCham),  the U.S. Embassy in Riga and the Baltic American Freedom Foundation (BAFF) in cooperation with TechHub Riga and the Latvian Startup Association Startin.LV, have announced the second Latvian-American Innovation Award. The winner will receive 10,000 euros and a runner-up 5,000 euros.

The award is created to highlight and promote entrepreneurship, research-driven innovation, and closer economic ties between Latvia and the United States and recognizes innovation across business and commerce, academic and scientific research, medicine and health, the environment, energy, and education, according to the organizers.

Applications will be accepted from Latvian residents or organizations registered in Latvia. The applications should come directly from the applicants themselves, rather than as nominations on behalf of another entity - so you will need to be up-front in selling yourself in true American style rather than being a modest and retiring Latvian and waiting for someone else to notice how deserving you are.

Innovations will be evaluated in accordance with the selection criteria such as innovativeness, impact, applicability, collaboration, project maturity and value creation.

Full details and an application form are available at the website of the American Chamber of Commerce in Latvia.

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