“Idea Cup” business idea competition offers €40,000 prize fund this year
Applications are open until September 13 for the “Idea Cup” business idea competition, which has a €40,000 prize fund this year. It is described as the only competition in Latvia specifically supporting businesses at an early stage of development.
Latvia's “Idea Cup” (“Ideju Kauss”) business idea competition is accepting applications until September 13, with a total prize fund of €40,000 this year. The competition is presented as the only one of its kind in the country, aimed specifically at supporting businesses in the earliest stage of their development.
What participants receive
Anyone with a viable business idea is invited to enter. Participants are offered more than just financial backing — the competition provides access to mentors and industry experts who help refine and develop the submitted ideas.
Beyond this guidance, winners or selected participants may also receive actual investment funding to help turn their idea into a working reality. This combination of expertise, mentorship, and capital makes the competition appealing to those looking to transform an early-stage concept into an operating business.
Deadline
Interested applicants must submit their ideas by September 13. The source did not provide further details on the application procedure, evaluation criteria, or subsequent stages, but emphasized that the competition is open to anyone interested, regardless of experience or industry background.
