Turība University Business incubator
A place for business ideas and development!
From idea to business
One of the goals of Turība University is to provide students and graduates with opportunities and support in the process of business idea implementation. For this purpose, the Turība Business Incubator has been operating since 2006, where everyone interested has access to the necessary work environment, resources and information support to turn their business idea into a successful business.
Do you have a business idea, but don't know where to start? Or maybe you have already started your entrepreneurial journey, but are looking for in-depth support to grow? The pre-incubation and incubation programs of the Turība Business Incubator are created just for you - a student, a young entrepreneur or a developer of an idea.
The pre-incubation program is an ideal start for those who have an idea, but are not yet sure how to turn it into a real business. Over a longer period, participants learn through experience, mistakes, and stories of experiences, develop their own successful business model, create the first product prototypes, as well as think about who is “my” customer and train their skills to address potential investors or defend their idea in one of the competitions in a safe environment. This is a safe, structured path, where mistakes are part of the learning process and each step leads closer to real entrepreneurship.
The incubation program, on the other hand, is intended for those who have already encountered entrepreneurship - have founded a company, started sales or created a prototype. This program offers in-depth mentor support, thematic workshops, access to legal and financial consultations, as well as the opportunity to attract financing and establish cooperation with other entrepreneurs and experts.
As a young entrepreneur, you have the opportunity to register your company at our address during the process, work in co-working spaces and experience the feeling of a community where like-minded people meet.
Follow the social media of the Turība Business Incubator to see the information about the next call for one of the programs at the right moment.
Or, if you already have an idea in your pocket - don’t wait for the program to start, contact us now and let’s look for the best solutions together:
Phone: +371 26651306
E-mail: BI@TURIBA.LV
When starting a business, there are more questions than answers – how to properly establish a company? How to create contracts? How to hire people? What taxes should be paid, when to start paying VAT, what accounting to choose? That is why Turība Business Incubator offers legal and accounting support that helps a new entrepreneur make well-founded, legally correct, regulatory decisions from the very first steps.
Legal support is provided by representatives of the School of Legal Excellence of Turība University - students of the Training Law Office, who work under the guidance of experienced professionals. This is an opportunity to receive accurate and up-to-date advice on starting a business, contracts, their types and other important issues that may arise for a future and new entrepreneur.
Accounting consultations are provided by students under the supervision of professionals who have already gained experience in accounting and can help with various issues, such as unraveling tax loopholes in regulatory regulations, choosing the right accounting system, how to do it correctly, in-depth planning of cash flow and finances, various reports that must be submitted to the State Revenue Service systems, and other similar issues. This is essential support to avoid unnecessary consequences and reduce stress about the unknown at the very beginning of the business.
Pre-incubation clients of Turība Business Incubator (one member of the team of the future company must be Turība University student) can receive these services free of charge. Once the company has been founded and turnover begins to appear, we continue to provide the aforementioned services at a reduced fee, maintaining access to high-quality and reliable support.
Phone: +371 26651306
E-mail: BI@TURIBA.LV
To support innovative business ideas and the creation of new companies, Turība University has created a grant (investment) program for students, investing up to 15 000 euros in the implementation of a business idea and the establishment of a joint venture.
“It is very important that we, who teach young people how to become successful entrepreneurs in various sectors, also set an example ourselves and, together with determined young people, engage in joint entrepreneurship, taking on joint challenges and risks. This is our contribution as a university to a better future for Latvia, because entrepreneurs are the ones who make a significant contribution to the economic and social development of the country,” emphasizes Imants Bergs, Chairman of the Board of Turība University.
According to the criteria of the Board of Turība Grant program, successfully studying young people at Turība University (aged 19 to 25) will have the opportunity to become Grant recipients and apply for investment. This will be available to those who either win the university’s business idea hackathon “To Be” or demonstrate strong results in the pre-incubation and/or incubation programs run by the Business Incubator. The university will also provide these young people with a budget place or a 100% discount on tuition fees.
In order to receive financial support for a business idea, Grant scholarship holders will have to submit a business plan draft to the Turība Board for the start of a joint venture between the university and the scholarship holders. If the business plan is approved, the new joint venture will have to be established within three months of the decision to receive the Grant, in which Turība University will invest up to 15 000 euros.
At Turība University, business thinking can be found in every study program. The study process is designed so that each student can maximize their potential. For this reason, Turība has a Business Incubator, Mentor Association, Career Center and many other support activities so that students can successfully start their entrepreneurial journey during their studies.
Let us know if you want to become a member of the Business Incubator and successfully participate in one of the programs or challenge yourself in a business idea hackathon.
Phone: +371 26651306
E-mail: BI@TURIBA.LV
It doesn’t matter if you have just a laptop and a big idea, or real clients and a to-do list – the coworking spaces of Turība Business Incubator are your place where creative thoughts turn into concrete results. It’s not just a room with a desk and Wi-Fi - it’s an environment that inspires, focuses and connects.
Here you can work at your own pace, alone or in a team, while at the same time being part of a wider ecosystem where you can meet other like-minded people, potential cooperation partners or simply someone who understands what it means to dare. From morning coffee to idea evenings – this is a place where work is alive and opportunities are in the air.
For students who participate in the pre-incubation program and have not yet founded a company, the use of the spaces is free of charge. This is support so that you can focus on what is most important – your idea. In turn, for young entrepreneurs taking the next steps, we offer the opportunity to use variable or fixed jobs at a very friendly price, while maintaining access to the incubator community, events, and resources.
Service | Unit | Price (EUR), VAT is not included | ||
For students | For graduates | For other | ||
“Flexible workspace” | monthly | 48.00 | 48.00 | 84.00 |
We offer not only comfortable workplaces with everything you need, but also a legal address, the opportunity to participate in incubator events and be closer to experience, support and new beginnings. Here you can start, grow and break through.
Phone: +371 26651306
E-mail: BI@TURIBA.LV
Registering a company means taking the first serious step towards your idea.
Turība Business Incubator offers a legal address as the first home for your company.
You’ll have access not only to an official legal address for company registration but also to a personal mailbox that you can use at any time.
This means - all official correspondence in one place, clearly organized, accessible, and associated with a trustworthy reputation.
Why choose a legal address at Turība?
- Professional environment - your company’s address is linked to a well-known, academically and entrepreneurially respected location.
- Physical access to your mailbox - no need to wait or ask for permission - just come in and collect your mail whenever you need to.
- Low cost threshold.
Service | Unit | Price (EUR), VAT is not included | ||
For students | For graduates | For other | ||
“Legal address” | monthly | 9.00 | 15.00 | 19.80 |
Register with us and start officially - enterprising, thoughtful, and with value. Your business deserves an address that supports you not only formally but also in substance.
Call or write to us, and we will conclude the agreement remotely:
Phone: +371 26651306
E-mail: BI@TURIBA.LV
The Entrepreneurship School is an educational initiative organized by the Turība University, intended for high school students who want to take their first steps in entrepreneurship. High schools and gymnasiums from all over Latvia are participating in the project. This program provides an opportunity not only to understand how a company is created, but also to acquire valuable skills, attitudes and contacts for the future.
Classes are held once a month remotely, and are led by practicing entrepreneurs, lecturers and industry professionals who share both their experience and specific tools - from a business idea to its implementation. The program includes topics such as financial literacy, business basics, marketing solutions, media and personal branding, sustainability, collaboration and leadership. Each class is supplemented by tasks that help strengthen skills in real life, and at the end - an interactive workshop and test.
This is a program that helps you identify your potential and encourages you to take action, regardless of whether you want to make your own company or become an entrepreneurial person in your profession.
Big ideas start with small steps. Encourage yourself or someone in your class to take this step, because entrepreneurship is not just about business, it is about courage, thinking and the ability to influence the world.
If you are a high school student and you are excited about the idea of your future in entrepreneurship - this is your chance! Apply yourself or talk to your teacher so that your school can become part of the next season of the Entrepreneurship School. In turn, teachers and career counselors - we invite you to be a bridge between your students and this unique educational experience! Write to us if you want to participate with your class or represent your school in the next cycle - this is an opportunity not to be missed.
WHY CHOOSE TURĪBA BUSINESS INCUBATOR?
- Coworking - a business concept for meeting like-minded, creative and active people
Turība Business Incubator offers both newly established and already stable companies a comfortable, fully equipped workspace and the opportunity to work daily in a creative environment alongside other business-oriented professionals. This kind of work atmosphere allows for social interaction, offers networking with other entrepreneurs, and, what is of a great importance, has a positive impact that can boost productivity and income by up to 50%.
- Business Networking - from startups to the top 500 companies in Latvia
By attending events organized by the Business Incubator and working within its environment, clients can build a wide network of contacts - experienced mentors or capable and knowledgeable business partners. These connections can become the basis for opening a successful business.
- A Wide Range of Services
Clients can choose between flexible or fixed workspaces, register their legal business address, use meeting and conference rooms, as well as other infrastructure services provided by Turība University (parking, library, free Wi-Fi, etc.). Mentor support is available, along with access to various educational events.
Currently, nearly 35 aspiring and new entrepreneurs are working at the Turība Business Incubator. We invite you to dare and join this community of ambitious individuals!
Get in touch with us!
1st floor, building A
Phone: +371 26651306
E-mail: BI@TURIBA.LV