LATVIA TECHNOLOGY PARK (LTP) was founded in 1996. There are 11 founders in LTP including Riga Technical University, University of Latvia, Ministry of Economy of the Republic of Latvia, Riga City Council, Chamber of Commerce and Industry of Latvia.

The main task of LTP is to promote commercialization of science through modern technologies, to support the start-up and develop technological and innovative businesses, by supporting small and medium-size production companies.

The LTP support entrepreneurs and researchers in management and consulting of projects for business and product development, marketing and partner search.