Panel: Funding for Startups
summary
Outlast Fund and two peers each offer 21 million per fund for early-stage Baltic/Nordic startups, while Horizon Europe offers equity-free grants but requires time and alignment with European priorities. Concrete prep includes a pitch deck, traction and clear problem statement, prototypes for deep tech, and a realistic 3–12 month budget for hires. Use the Funding & Tenders Portal and national contact points or consultants; AI tools can speed proposal drafting, but grants remain competitive and not a guaranteed runway.
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chapters (12)
- 0:00Panel introduction
- 1:32Defining a startup
- 3:32When to seek funding
- 8:58Grants vs investor funding
- 11:08Preparing for funding
- 17:12Funding landscape in Latvia
- 21:31Balancing fundraising and building
- 26:07Passion and problem-solving
- 30:18Seeking expert advice
- 33:55Latvian startup law
- 36:26Finding investors and grants
- 40:38Fundraising as a relationship game
