The Latvian parliamentary sub-commission on Innovation and Science asked TechHub Riga to present on our members and the impact of innovative startups on the economy. This presentation talks about TechHub and its growth and the last three slides (in Latvian) provide some of our views on the relevant considerations for the Latvian economy.

1. The Center of the Startup
Community in Latvia

2. What is TechHub?
 Co-working space for new technology
startups
 Founded in London (by Elizabeth Varley
(CEO) and Mike Butcher (Editor,
TechCrunch Europe)
 Based at Google Campus in London
 Now also in Riga, Bucharest, Swansea,
Bangalore and Manchester
 First and leading co-working space
 Sponsored by Google, Pearson publishing
and BlueVia
 TechHub Riga is the first international
expansion location for TechHub

3. What is TechHub Riga?
 Co-working space for new technology
startups
 Startup event organiser
 We help establish international
contacts
 Goal is to help create the “Skype of
Latvia”
 Startted from Open Coffee Club
 Non-profit foundation
 Board are unpaid volunteers
 Income is from member fees and paid
events

4. TechHub Riga Membership
In 2 years we have:
•Resident space full: 70+
•Well over 100 total members
•Meetup.com event participant list
800+
•Mailing list: 900+
•Twitter: 1,900+ followers

5. TechHub Riga Events
 Monthly Meetup
 Mobile Monday
 Developer meetups
 Ruby On Rails
 DevClub
 Python User group
 Big data
 Etc.
 Visiting speakers, including top
entrepreneurs and venture capitalists

6. Partner Events
 Our space, with prominent sponsor
logos, is also increasingly used by
partners for their events

7. TechHub Riga Member Success
TechHub Riga resident startups have already raised over EUR
€2.5M, including from top international investors:

8. TechHub Riga Publicity in Latvia
Local media follow us, they love
what we do!

9. Startup/jaunuzņēmums nav parastais MVU
•
•
•
•
Parasti nav ienākumu kamēr izstrādā produktu
Meklē biznesa modeli (“product-market fit”)
Ātra izaugsme vai ātra nāve
Nav aktīvu kurus var izmantot par
nodrošinājumu
• Vienīgie finansējuma avoti ir akciju kapitāls vai
neapmaksātais darba spēks

10. Kāpēc šie uzņēmumi ir īpaši?
• Spēlē globālā tirgū no pirmās dienas
– Ir globlālais izaugsmes potenciāls
– Veiksmīgie būs starptautiski uzņēmumi ar mātes
uzņēmumu Londonā, Ņujorkā vai San Fransisko
• Veido jaunu intelektuālo īpašumu un vērtību
• Salīdzinoši liela investīciju ieplūde uz maz
darbinieku skaitu
• Nes Latvijas vārdu pasaulē

11. Ko valsts var darīt lai atbalstītu?
• Nesajaukt uz inovācijam balstīto uzņēmumu
atbalstu ar “dzīvesstila” uzņēmumu atbalstu
• Finansiālo atbalstu vajag pareizā formā:
investīciju vairošana nevis grantu programas un
trešo pušu pakalpojumu finansēšana
– LGA mazo aizdevumu programa laba
– Eņģeļu un riska kapitāla ko-investīciju veicināšana
– Tehnoloģiju inkubātors Rīgā, kur cilvēkresursi nevis
telpas ir galvenais pienesums
• Padarīt dzīvi maziem uzņēmumiem vieglāku!

12. Contacts
Andris K. Berzins, Chairman and Co-Founder
andris@techhub.com
mob. +371 29568157
Alise Lezdiņa, Manager
alise@techhub.com
++371 29667744
riga.techhub.com