EDO CONSULT LTD

What EDO CONSULT LTD does

EDO Consult (SIA Edo Consult) is a small Riga-based Latvian consulting firm founded in 2003 that specializes in business development planning, financial planning, and EU Structural Funds project development. Operating with approximately six staff (five listed key personnel including a Board Member, three Project Managers, and a Dr.oec. Financial Analyst), the firm serves three primary client segments: entrepreneurs and business owners seeking EU co-financing for expansion; municipalities requiring territorial development planning documentation (sustainable development strategy and development programs); and non-governmental professional organizations and cooperatives needing sectoral strategic development plans. Named clients include the Latvian Ministry of Agriculture, the Ministry of Environment Protection and Regional Development, the Institute of Food Safety (BIOR), and enterprises such as Latvijas maiznieks, Latraps, Lido, Agro Stende, SIA Venta FM, and SIA ADUGS.

The firm's core offerings comprise EU Structural Funds attraction services, business plan development, legal protection plan development, investment project efficiency assessment and project management, integrated management systems (strategic plan development, business activity planning, personnel motivation systems), and invention commercialization support. Two in-house methodologies anchor its delivery: a "Structured Mutual Discussion Method" for stakeholder engagement and systematic problem-solving, and a proprietary financial planning method developed by Dr.oec. Alberts Auziņš for tailored EU project financial sections. Services are delivered by human consultants without a unified software platform, API, or mobile application; the multilingual website (Latvian, Russian, English) and a Facebook page serve as the primary digital channels.

EDO Consult generates revenue through project-based professional services fees, supplemented by a pro bono program offering free consultations and preliminary technical-economic assessments for young entrepreneurs and startups. Distribution is exclusively domestic (Latvia, with Baltic States coverage referenced), conducted via direct sales, inbound phone/email inquiries, and client referrals. The company is privately held with no disclosed external investors, no funding rounds, and no M&A activity. A 2026 partnership with the Latvian Ministry of Agriculture and Rural Support Service on a malt barley cultivation technology project (European Agricultural Fund for Rural Development) demonstrates continued active engagement in EU-funded agricultural consulting 23 years after founding.

Name

EDO CONSULT LTD

Legal name

SIA Edo Consult

Website

https://edo.lv

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

1–10 employees

Short description

EDO Consult is a Riga-based Latvian consulting firm founded in 2003 that helps entrepreneurs, municipalities, and NGOs attract EU Structural Funds, develop business plans, and prepare strategic development documentation using proprietary in-house methodologies.

Ownership category

akta.pro rank

Product category

Business Consulting Services

NAICS

Management Consulting Services (54161), Other Management Consulting Services (541618), Management, Scientific, and Technical Consulting Services (5416)

SIC

Services-Management Consulting Services (8742), Services-Engineering, Accounting, Research, Management (8700)

akta.pro industry

PRIMARYBPAHACAA

Strategy & Corporate Development Consulting

Business & Public Services/Professional Services (Legal, Accounting, Consulting)/Management Consulting

SECONDARYBPAHACAN

Public Sector & Policy Consulting

Business & Public Services/Professional Services (Legal, Accounting, Consulting)/Management Consulting

SECONDARYBPADABAO

Technical Cooperation, Capacity Building & Policy Advisory Programs

Business & Public Services/International Organizations & Development/Bilateral Development Agencies & Aid Programs

Keywords

• EU funding consulting
• Business plan development
• Project management services
• Municipal planning consulting
• Financial advisory services

Headquarters

HQ city

Riga

HQ country

Latvia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. EU Structural Fund Consulting: Project development and consulting services for attracting EU structural funding, including preparation of project applications, implementation support, and reporting to administering institutions
2. Business Planning Services: Preparation of comprehensive business plans for investment attraction and company development
3. Territorial Development Document Preparation: Strategic development and action plan development for municipalities and NGOs
4. Legal Protection Process Planning: Financial section development for legal protection plans and enterprise restructuring

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

EDO Consult is a Latvian consulting firm that helps entrepreneurs, municipalities, and NGOs secure EU Structural Fund financing and develop business plans, project applications, and strategic development documents. Core deliverables include EU funding application preparation, business plan development, investment project assessment and management, territorial development planning for municipalities, and sectoral strategic documents for NGOs.

Product overview

EDO CONSULT LTD is a consulting firm offering a comprehensive suite of advisory services for business development and financial planning. The portfolio includes EU Structural Funds attraction, business plan development, legal defence planning, project development and management, integrated management systems, and invention commercialisation. The company serves three primary segments: entrepreneurs (business planning, EU funding, project development), municipalities (territorial development planning), and NGOs (sectoral development documents). The services are delivered through a team of experienced consultants without a unified software platform.

Differentiator

Problem solved

Functional benefit

Products and services

• EU Structural Funds Attraction Service Consulting service that helps clients identify, apply for, and secure EU Structural Fund financing for business development projects, including application preparation, implementation support, and reporting.
• Business Plan Development Professional business plan development service that includes market analysis, financial projections, and strategic planning for 3-5 year periods for companies seeking to attract investment.
• Legal Defence Plan Development Preparation of financial sections for legal protection processes (LPP) and out-of-court restructuring plans, including creditor negotiations, for companies in financial difficulty.
• Project Development and Management Investment project efficiency assessment and project management services, including budget development management for EU-funded and other projects.
• Integrated Management System Comprehensive suite including strategic plan development and implementation, business activity planning and supervision systems, and personnel motivation system development for companies.
• Invention Commercialisation Services for turning inventions into commercial products including technical-economic evaluation, investor connections, business plan development, and government support consultation for inventors and innovators.
• Territorial Development Planning Documents for Municipalities Development of sustainable development strategies and development programs for municipalities with structured and targeted project management, addressing territorial planning for regulatory compliance and EU funding eligibility.
• Sectoral Development Documents for NGOs

Quantifiable outcome

• Successfully developed EU-funded projects exceeding 4 million EUR in total value
• +1 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• Zemkopības ministrija (Ministry of Agriculture)coreStrategic or Co-development Partner · 5 January 2026SIA Edo Consult is a project partner in the 2026 malt barley cultivation technology project supported by the Ministry of Agriculture and Rural Support Service. The project aims to develop summer and winter barley cultivation technologies suitable for Latvian conditions using traditional and remote sensing field observation methods.
• Lauku atbalsta dienests (Rural Support Service)coreStrategic or Co-development Partner · 5 January 2026Collaborating on EU agricultural innovation partnership projects under the European Agricultural Fund for Rural Development. Edo Consult conducts comparative economic efficiency assessments for malt barley cultivation technologies.

Scale indicators2 records

Recent moves5 records

Expansion highlights2 records

Broad incumbents

• Sorainen: Sorainen is a pan-Baltic business law and consulting firm offering cross-border advisory, M&A, and EU/state aid consulting. Its regulatory and corporate consulting practice directly overlaps with EDO Consult's strategic planning and project structuring work for Latvian and Baltic clients.
• Grant Thornton Baltic: Grant Thornton operates a Latvian member firm delivering audit, tax, and management consulting services. Its advisory arm competes with EDO Consult for business plan development, financial consulting, and EU project support engagements with mid-market Latvian enterprises.
• BDO Latvia: BDO Latvia provides audit, tax, and consulting services including EU funds advisory and corporate consulting to Latvian businesses. It is a broader incumbent whose consulting practice competes with EDO Consult on EU funding project development and business plan preparation.
• Mazars Baltics: Mazars operates audit and consulting practices across the Baltic states, including EU project advisory and business consulting. While significantly larger, it competes with EDO Consult for EU-funded project assignments and business consulting work in Latvia.
• Ellex (Eversheds Sutherland Baltics): Ellex is one of the largest law and consulting practices in the Baltics, providing corporate, regulatory, and EU funds advisory. While much broader than EDO Consult, it competes for the same EU funding and corporate strategy advisory mandates from Latvian enterprises and municipalities.

Direct peers

• PMCG (Public Management Consulting Group): PMCG is a Lithuania-based consultancy delivering EU funds advisory, project management, and public sector consulting to government and private clients in the Baltics. It is comparable in offering EU structural fund project development and strategic planning services similar to EDO Consult's portfolio.
• Civitta: Civitta is a Baltic-origin management and EU funding consulting firm with offices across Lithuania, Latvia, Estonia, and beyond. It competes head-to-head with EDO Consult for EU structural fund project development, business plan preparation, and public-sector advisory work in Latvia, making it the closest direct peer.

Regional players

• Latvian Chamber of Commerce and Industry (LTRK) Consulting: The Latvian Chamber of Commerce and Industry offers EU funding advisory, business consulting, and project development services to Latvian enterprises. It is a domestic institutional competitor offering adjacent EU funds and business development services comparable to EDO Consult's core offering.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/edo-consult-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EDO CONSULT LTD