LEF network Azerbaijan

The project LEF network Azerbaijan’s vision is to increase innovations and the bio-economy of the region by exporting services, know-how, and goods to Azerbaijan. As a result, the Central Baltic region will be more sustainable and competitive. The joint challenge is that Azerbaijan is specific due to market needs, language, and business culture. For enterprises market entry individually is much harder than cooperating jointly with other enterprises and business support organizations. As a result export to the 3rd countries will be achieved faster and in a more effective way.

Expected results

The project LEF network Azerbaijan aims to achieve 10 sales agreements during 36 months between Finland’s, Estonia’s, and Latvia’s mature SMEs and Azerbaijan. Based on small research matching demand and offers are the ICT sector, Green technologies, education – higher and lifelong, interior design as a service, and interior design products. The aim will be achieved by developing a joint support-service platform for export development from Finland, Estonia, and Latvia to Azerbaijan, implementing it, and also providing reasonable services as non-financial support to at least 50 enterprises from the CB region. Main export activities will be trade missions both to Azerbaijan and to LEF countries, and also business forums in Azerbaijan and LEF countries.

Duration 01.03.2023 - 28.02.2026

Total budget

Programme priority

Innovative Business Development

Programme objective

PO1 - More exports by SMEs

Lead partner

Latvian Chamber of Commerce and Industry