About
Altum develops and implements state aid programmes through financial instruments such as loans, credit guarantees and investments in venture capital funds. It supports startups and SMEs at different stages of development, from launching a business to scaling innovative products and services.
Altum plays a key role in improving access to finance for innovation, research and development, digital transformation, energy efficiency and export growth. Its instruments are designed to mobilise private capital alongside public funding, addressing market gaps where commercial financing may be limited.
Altum
Latvia’s state-owned development finance institution providing loans, guarantees and venture capital to startups.