VEFRESH runs this eight-week Riga incubator each September and October, combining weekly workshops, mandatory 1:1 mentoring and prototyping at Riga Technical University's theLab. Participation is free and no equity is taken; five selected teams share a EUR 5,000 pool, up to EUR 1,000 each, for prototyping and piloting. Mobility, logistics and energy.
Investment
€1,000 (Below Europe & C. Asia median $54.5k · Below global median $61.3k)
Equity taken
0% (Like 88% of Europe & C. Asia · Like 79% globally)
Duration
8 weeks (Shorter than Europe & C. Asia median 26 wks · Shorter than global median 20 wks)