What Ventspils Augsto Tehnologiju Parks Nod does

Ventspils Augsto Tehnoloģiju Parks (VHTP / VATP) is a Latvian non-profit foundation (nodibinājums) headquartered in Ventspils, operating as a publicly-funded business support organization that delivers innovation infrastructure, consulting, and digital transformation services to high-technology businesses in the Kurzeme region and across Latvia. Its core service portfolio includes physical property rental (offices, industrial premises, meeting rooms at the Ventspils Technology Park campus), a Business Support Centre providing consulting, funding access, business plan support, and export agency services, a full-service design and prototyping workshop (RADE) with CNC machining, 3D printing, woodworking, welding, and painting capabilities, and a Prototype Hub. VHTP also operates an EdTech cluster (Future Class, Career Education AI Tool, Learning Aids) targeting educational institutions.

The organization is the North Kurzeme regional contact point for two flagship EU digital innovation programs: the Digital Accelerator of Latvia (DAoL, EDIC) and the Latvian Digital Innovation Center (LDIC, EDIH). These designations give VHTP a designated role in delivering EU-funded digital maturity assessments, technology testing, training, and consulting to manufacturing enterprises and SMEs. VHTP also participates in cross-border consortium projects including NextGen Micro Cities (UIA), KInGS, MaKE IT, AutoRade, BSI_4Women, and the IPCEI Micro Factories program, where it conducts proprietary R&D on an HVAC AI system for smart industrial buildings combining predictive analytics, anomaly detection, generative AI operator assistants, and edge-cloud architectures.

VHTP's revenue model is hybrid and publicly-funded. The foundation receives EU grants (ESF+, ERDF, Recovery Fund, NextGenerationEU, Norway Grants, Interreg, UIA, Emissions Trading) to administer multi-year innovation, training, and social inclusion projects — with disclosed project budgets totaling tens of millions of euros across the portfolio. Direct revenue streams include monthly property rental income (not publicly priced), business consulting fees, and training course fees ranging from EUR 300 (Excel) to EUR 6,300 (NIS2/NKDL groups), most of which are 100% subsidized via de minimis aid. The organization has demonstrated operational scale of 219 companies and 974 employees trained under a single Digital Skills Development Project (2024–2026). Leadership is provided by a Board of Directors chaired by Ivars Eglājs, with Ilze Valdmane and Igors Udodovs as board members, and a small management team of approximately 17 named specialists.

Name

Ventspils Augsto Tehnologiju Parks Nod

Legal name

Nodibinājums "Ventspils Augsto tehnoloģiju parks"

Website

https://vhtp.lv

Company type

Private

Operating status

Operating

Short description

Ventspils Augsto Tehnoloģiju Parks is a Latvian non-profit foundation operating as a publicly-funded business support and innovation infrastructure organization. It provides office/industrial property rentals, prototyping (RADE workshop, Prototype Hub), business consulting, EU-funded digital skills training, and EdTech programs to SMEs, manufacturers, and educational institutions in the Kurzeme region.

Ownership category

akta.pro rank

Product category

Technology Park and Business Support Services

NAICS

Facilities Support Services (56121), Computer Systems Design and Related Services (54151)

SIC

Services-Facilities Support Management Services (8744)

akta.pro primary industry

Building Automation & Controls (BAS/BMS) (HSAPAPAA)

akta.pro secondary industry

Virtual CTE & Career Pathways Programs (K–12) (EDAJADAL)

Keywords

• Technology park services
• Business consulting support
• Digital transformation training
• Prototyping design services
• Innovation hub infrastructure

Headquarters

HQ city

Ventspils

HQ country

Latvia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Property Rental (Offices, Industrial, Meeting Rooms): VHTP owns and leases physical infrastructure including office space, industrial premises, and meeting rooms at the Ventspils Technology Park, generating rental income from resident companies and visiting businesses.
2. EU Funded Project Delivery: VHTP administers multiple EU-funded projects (ESF+, ERDF, Recovery Fund, Norway Grants, NextGenerationEU, Interreg, UIA, Emissions Trading) delivering digital skills training, innovation grants, EDIH services, EdTech, and sustainability programs. Revenue covers staff, facilities, trainers, and project activities. EU funding (de minimis, up to 100%) is passed through to beneficiaries as subsidized training and grants.
3. Business Consulting and Support Services: Fees for business support services including consulting on business plans, export agency, digitization, funding applications, and individual company training programs. Services are often subsidized through EU projects.
4. Training and Seminar Delivery: Fee-for-service training programs (NIS2/NKDL, Excel, AI tools, tourism, diversity management) delivered to companies, often with EU co-financing. Direct course fees (e.g., 6300 EUR group for NIS2, 640 EUR for tourism, 300 EUR for Excel) are charged when training is not fully subsidized.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels8 records

Core offering

Ventspils Augsto Tehnologiju Parks (VHTP) is a foundation operating a technology park that provides infrastructure and support for high-technology businesses in Ventspils and the Kurzeme region. It offers office and industrial property rental, business consulting and funding assistance, a Digital Innovation Hub (EDIH North Kurzeme contact point) for enterprise digitalization, design and prototyping services via the RADE workshop and Prototype Hub, EdTech programs including the Future Class and Career Education AI Tool, and subsidized EU-funded digital skills training programs.

Product overview

Ventspils Augsto Tehnoloģiju Parks (VATP) is a business support organization offering a comprehensive ecosystem of technology park services. The portfolio includes: Property rental (offices, industrial premises, meeting rooms) as the core infrastructure; Business Support Centre providing consulting, funding, and export services; Digital Innovation Hub (EDIH North Kurzeme) and Latvian Digital Innovation Center for enterprise digital transformation; Design Workshop RADE and Prototyping Center for product development; and Educational Technologies including Future Class, Career Education AI Tool, and Learning Aids for EdTech. VATP also administers training programs like LIFT Digital Skills Training and Digital Skills Development Project, while conducting R&D on HVAC AI systems for smart buildings. The organization serves as the North Kurzeme contact point for Latvia's Digital Accelerator network, offering digital maturity assessments, roadmaps, technology testing, and AI/ICT training to manufacturing enterprises.

Differentiator

Problem solved

Functional benefit

Brands

• RADE: Ventspils design workshop offering prototyping and manufacturing equipment for businesses and entrepreneurs.
• Prototipēšanas centrs
• EdTech
• Digitālā satura studija

Products and services

• Property for Rent Rental of office spaces, industrial premises, and meeting rooms at the Ventspils High Technology Park facilities for resident companies and visiting businesses.
• Business Support Centre Comprehensive business support including business consulting, funding assistance, business plans, training and seminars, and export agency services for enterprises.
• Digital Innovation Hub (EDIH North Kurzeme) EDIH North Kurzeme contact point providing digitization services for products, services, and business processes with AI-ICT support for manufacturing enterprises.
• Ventspils Design Workshop RADE Full-service design and prototyping workshop offering CNC machining, 3D printing, woodworking, welding, painting, soldering, and computing software for rapid product development and design iteration for businesses and entrepreneurs.
• Prototype Hub (Prototipēšanas centrs) Prototyping center with CNC machines, 3D printers, welding equipment, and CAD software enabling companies to develop and test products from idea to market-ready prototype.
• Future Class (Nākotnes klase) Next-generation classroom for educational technologies, designed to pilot EdTech solutions and modern educational approaches for schools and educational institutions.
• Career Education AI Tool (Karjeras MI rīks)

Quantifiable outcome

• 974 employees from 219 companies trained in digital skills through subsidized EU-funded programs
• +4 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature5 records

Partnerships

15 partnerships are on record, tiered minor and core.

• Routed In SIAminorImplementation/ SI/ Consulting Partner · 1 January 2025Routed In SIA founder Kristaps Felzenbergs delivers NIS2/NKDL regulation implementation training for VATP's EU-funded individual company training program. Kristaps Felzenbergs has 7+ years academic and 14+ years industry experience in cybersecurity, and leads the Vidzeme University Cybersecurity Engineering master's program.
• Centurion Hospitality (Didzis Grāvītis)minorImplementation/ SI/ Consulting Partner · 1 January 2025Didzis Grāvītis, Centurion Hospitality manager and leading trainer, delivers business process analysis training for tourism and hospitality companies through VATP's Latvian Digital Accelerator North Kurzeme program. Training covers service excellence, sales psychology, conflict management, digital communication, and AI tools. 5-day course (20 hours) with 100% EU co-financing.
• Latvijas Investīciju un attīstības aģentūra (LIAA) Kurzemes pārstāvniecībaminorChannel Partner/ Reseller/ Distributor · 1 January 2025LIAA Kurzeme office collaborates with VHTP's Business Support Centre, providing joint information sessions on innovation vouchers, national programs for business modernization, and incubation opportunities. Featured at 'Kafijas pauze ar uzņēmējiem' networking events.
• Attīstības finanšu institūcija AltumminorChannel Partner/ Reseller/ Distributor · 1 January 2025Altum collaborates with VATP's Business Support Centre to provide information on state financing, co-financing, loans, and guarantee programs for businesses at various development stages. Featured at VHTP-organized networking events for entrepreneurs.
• Ventspils valstspilsētas pašvaldības iestāde Ventspils ostaminorStrategic or Co-development Partner · 1 January 2025Ventspils Port Authority investment attraction project manager participates in VHTP Business Support Centre events to inform businesses about services available through the port authority and investment opportunities in Ventspils.
• Sabiedrības integrācijas fonds (SIF) - Partnership for Diversity ProgramscoreStrategic or Co-development Partner · 1 January 2024VATP collaborates with SIF on multiple EU-funded social inclusion programs: Cieņas kods (diversity management training, ESF+ project 4.3.4.1/1/23/I/001), 'Solis pretī' youth tolerance education, 'Skaļāk par klusumu' journalism student media training, and 'Dažādībā ir spēks' employer diversity awards. Programs reach youth, SMEs, and public sector across Latvia.
• IPCEI on Micro Factories (Nākamās paaudzes mikroražotnes)coreStrategic or Co-development Partner · 1 January 2024EU Important Project of Common European Interest on next-generation micro factories. VHTP conducting industrial research on HVAC AI solutions for smart industrial buildings using AI, data analytics, and cloud-edge technologies with geothermal integration. Funded by EU and NextGenerationEU (Contract 5.1.1.2.i.0/4/24/A/CFLA/003). Completion expected Dec 2026.
• BSI_4Women (Baltic Sea Initiative for Refugee Women)minorStrategic or Co-development Partner · 1 January 2023Interreg Baltic Sea Region project supporting refugee women entrepreneurs. VATP provided the program to 4 women-led teams of Ukrainian refugees in Ventspils through practical workshops, online training modules, and individual mentoring. Partners: Rżešovas Regional Development Agency (Poland, lead), VHTP, Kaunas Science and Technology Park (Lithuania). 6-month program culminating in Oct 2025 final event in Tallinn.
• AutoRade (Automation Tools for Creative Industries) ConsortiumminorStrategic or Co-development Partner · 31 October 2022ESF project (Contract No 8.2.3.0/22/A/004) developing automation tools for creative industries. Total budget EUR 1,682,157.84 (85% ESF + 15% state). VHTP budget EUR 126,048.61. Partners: EKA (lead), University of Latvia, Transport and Communications Institute, Rezekne Academy of Technologies, Liepaja University, Latvian Digital Accelerator, VHTP, Valmiera Development Agency. Oct 2022 - Dec 2023.
• Digital Accelerator of Latvia (DAoL) ConsortiumcoreStrategic or Co-development Partner · 1 September 2022DAoL is a European Digital Innovation Centre (EDIC) established under EC project 101083718 / Recovery Fund ID 2.2.1.1.i.0/1/23/I/CFLA/002. VHTP serves as North Kurzeme regional contact point. Total budget EUR 6,765,999.64 (EUR 1,765,999.64 Digital Europe Programme + EUR 5,000,000 Recovery Fund). Consortium of 20 partners including VAS Elektroniskie sakari, Green-Tech Cluster, universities (LLU, RTU, LU), research institutes, and technology companies. Specializations: AI, 5G/IoT, GovTech/EdTech. Target: 3,500+ enterprises, EUR 6.7M digital transformation investment.
• Latvian Digital Innovation Center (LDIC) ConsortiumcoreStrategic or Co-development Partner · 1 September 2022LDIC is a European Digital Innovation Hub (EDIH) under project 101083983 'Development of AI - ICT for Manufacturing EDIH in Latvia'. VHTP budget EUR 544,188 out of total EUR 2,919,281 (EU grant + ANM support). Consortium includes Latvian IT Cluster, Cēsu Digitālais centrs, Digital Innovation Park, Zemgale/Latgale/Vidzeme planning regions, industry associations (LETA, LIK, LPRF, LMAA), Riga Business School, and VHTP. Target: reach 1,800 enterprises, significant digital improvements in 600+.
• MaKE IT (Innovation Grants for Students - Arts, Culture, Economics, IT) ConsortiumcoreStrategic or Co-development Partner · 22 November 2021ERDF project (Contract No 1.1.1.3/21/A/003) increasing innovation capacity of EKA University and partners through student innovation grants. Total budget EUR 1,075,534.72 (83.68% ERDF, 16.32% private). Partners: EKA University of Applied Sciences (lead), EKA Fund, VHTP, BA School of Business and Finance, Alberta College, Latvian Academy of Sciences Economic Institute, SIA EUROLCDS. Nov 2021 - Nov 2023.
• Remediation of Historically Oil-Contaminated Sites in Ventspils (Norway Grants)minorStrategic or Co-development Partner · 1 July 2021Norwegian Financial Mechanism project cleaning up former NAI Ūdeka territory and oil pipeline route near Baltic Sea coast. Total budget EUR 5,117,000 (Norway Grants EUR 4,349,450). Partners: Freeport of Ventspils authority (lead), VHTP, International Development Norway. VHTP organizes climate awareness and public education campaigns. Implementation July 2021 - April 2024.
• Next Generation Micro Cities of Europe (UIA) ConsortiumcoreStrategic or Co-development Partner · 1 November 2018UIA project between Ventspils and Valmiera addressing workforce skills, career guidance, EdTech, innovation grants, makerspaces, and FDI attraction. Total budget EUR 6,246,405.15 (ERDF EUR 4,997,124.12). Partners: Ventspils City Council, Valmiera City Council, VHTP, Valmiera Development Agency, Ventspils Vocational School, Valmiera Technical School, Ventspils University of Applied Sciences, Vidzeme University of Applied Sciences, SIA Aspired, SIA IntelliTech. Nov 2018 - Oct 2021.
• Kurzeme Innovation Grants for Students (KInGS) ConsortiumcoreStrategic or Co-development Partner · 1 January 2018KInGS project (ERDF-funded) encourages students to engage in innovation through Student Lab (research) and Start-up School (pre-incubator) streams. Total budget EUR 3,318,318 (75% ERDF, 25% private). Consortium: Ventspils University College (VeA), VATP, Liepaja University (LiepU), Kurzeme Business Incubator (KBI), Ventspils University Development Fund. Grants: EUR 2,956 (TEP) or EUR 11,127 (prototype). Prize funds: EUR 7,500 (Student Lab) and EUR 15,000 (Start-up School).

Scale indicators15 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Kaunas Science and Technology Park: Lithuanian science and technology park providing office/lab rental, business incubation, innovation services and EU-project delivery. Already a VHTP consortium partner (BSI_4Women), it is one of the closest functional analogues to VHTP in the Baltic states.
• Science Park Graz: Austrian non-profit science park combining office/lab rental, high-tech incubation, prototyping facilities and applied R&D services for SMEs — comparable to VHTP as an established EU science and innovation park with EU-project orientation.
• Tehnopol Science and Business Park: Tallinn-based non-profit science and business park offering offices, prototyping/innovation services, business incubation and EU-project-driven support to high-tech companies — directly comparable to VHTP's campus-based multi-service model in the Baltic region.
• Tartu Science Park: Estonian science park offering incubation, accelerator programmes, prototyping facilities and innovation support to high-tech startups and SMEs — a similar mixed business park / innovation hub model.

Broad incumbents

• EIT Manufacturing: Pan-European innovation community under EIT providing digitalisation, training and innovation services to manufacturers across the EU — relevant as a much larger incumbent operating in the same EDIH-adjacent manufacturing-digitalisation space VHTP serves.

Others

• Riga Technical University: Latvia's leading technical university and DAoL consortium partner linking applied research, student innovation grants (KInGS) and industry collaboration — comparable as an academic/EU-project partner to VHTP's research and EdTech activities.
• Latvian IT Cluster: Industry cluster and LDIC consortium partner offering digital innovation and ecosystem services to Latvian tech companies — comparable as a Latvian innovation ecosystem player adjacent to VHTP's EDIH activities.
• Green-Tech Cluster: Latvian green-tech innovation cluster and DAoL consortium partner focused on sustainable technologies and digital transformation — an adjacent ecosystem participant working with VHTP on EU-funded innovation delivery.

Regional players

• Valmiera Development Agency: Latvian regional development agency that jointly delivered the NextGen Micro Cities project with VHTP, operating workforce, EdTech and FDI-attraction programmes in Valmiera — a parallel regional innovation intermediary in Latvia.
• Cēsu Digitālais centrs: Latvian regional digital centre and LDIC consortium partner offering digital maturity assessments, training and digitalisation services to SMEs in the Cēsis region — a directly analogous EDIH regional contact point to VHTP's North Kurzeme role.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/VentspilsHighTechnologyPark
• LinkedInlinkedin.com/company/ventspils-high-technology-park

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Ventspils Augsto Tehnologiju Parks Nod