In order to encourage Latvian partners in the implementation of joint projects within European Territorial Cooperation (Interreg) programmes 2014-2020, including ENI CBC programmes, special mechanism of financial support from Latvian State Budget is established for approved projects with signed Subsidy Contracts.
100% state budget pre-financing for:
Planning Regions, as well as Line Ministries and their subordinated organizations through the relevant Line ministries, may apply for full pre-financing from the State Budget by indicating full necessary amount as well as its annual breakdown for the implementation of the project.
5% state budget co-financing for:
Application for 5% state budget co-financing should be submitted to the Ministry of Environmental Protection and Regional Development of Republic of Latvia (hereinafter referred to as the Ministry) within 3 months after signing of the Subsidy Contract and Partnership Agreement. The Ministry within a month evaluates the application and takes the decision on the allocation of state budget co-financing. After signing the contract about the state budget co-financing allocation with the relevant project partner, the Ministry transfers advance payment 90% of the allocated amount and remaining 10% - when the project final report is verified by the Financial Controller.
Contact person in the Ministry: Ms Dita Ķikule (Dita.Kikule@varam.gov.lv; +371 67026462)
NB! Each Project Partner (within each Project) who would like to receive 100% pre-financing or 5% national co-financing should apply separately in accordance with relevant national framework and procedure.
Legal framework for State Budget financing:
More information in Latvian language HERE.