Boost for Rotherham businesses looking East

Firms are now able to take advantage of support to set up an operation in Latvia, after RiDO (Rotherham Investment Development Office) has established a collaborative partnership with Ventspil High Technology Park (VHTP) in the Baltic country.

Latvia is home to almost two million people and is one of the highest growth economies in Europe.

The partnership with VHTP came about as part of RiDO's ERDF-funded Growth and Prosperity in Rotherham (Soft Landing Zone) project, which aims to assist Rotherham companies with accessing international markets and also helps foreign inward investors who choose to locate to RiDO's business centres.   

The arrangement means that enterprising Rotherham businesses will have the opportunity of three months' rent free of charge in a VHTP business centre.  The support package also includes free-of-charge consultation with a mentor to make the whole process of establishing a business in the Baltic region much easier and more attractive to local businesses.

For more details about the Soft Landing Zone project, which is run by RiDO, visit the website www.ridobusinesscentres.co.uk.  

If you are interested in the opportunity to start a business in Latvia, contact RiDO to receive more details by emailing [email protected].