The aim of the Tourism Product Development Programme is to support micro, small and medium-sized Latvian merchants in developing new tourism products or services with higher added value. Programme implementation will promote the exportability of Latvian tourism sector and increase its competitiveness on an international scale. The programme is implemented by the Central Finance and Contracting Agency (CFCA) in cooperation with the Investment and Development Agency of Latvia (LIAA).  The programme is implemented with support from the European Regional Development Fund (ERDF).

Programme implementation takes place in two rounds:

1. within the round, LIAA implements non-financial aid activities within the scope of the programme “Tourism Product Development Programme”;
2. within the round, Cooperation Networks are established, which conclude a contract with the Central Finance and Contracting Agency (CFCA) and implement the actions set out in the contract.

Following the signing of the contract with the CFCA the approved Cooperation Networks will be able to receive financial aid (with aid intensity of up to 95%) for the development of new tourism products and their marketing.

Programme implementation period: until 31 December 2029

More information about the programme in Latvian available here.