Change language:

Growth programme

Paragraphs

Training for ambitious Latvian small and medium-sized enterprises for 10x faster business growth.

Under the guidance of international and local experts, participants:

  • Will gain both theoretical and practical knowledge of the current topics of business growth
  • Will work on his/her own challenges, while receiving support and individual mentoring
  • Will be able to implement innovative solutions in the daily life of their company and promote change in the future

Successful long-term growth is only possible if sustainability is seen as crucial. The Growth programme will focus in depth on business sustainability factors.

Media
Workshops and mentoring sessions

24

weeks

Balance between theory and practice

2

training modules

Number of participants:

12

teams

Participation fee

0

Euros

Whom are we looking for to participate?

Small and medium companies registered in Latvia with an ambition to innovate and grow

Companies that have been operating in the market for more than 2 years

Companies whose turnover exceeds 200 000 EUR

Themes of the 2022 programme

Ambition design: product market relevance

March 23

  • Produkta tirgus atbilstības atrašana
  • Business idea verification
  • Creating a loyal circle of customers

Discovering customers and market

April 6

  • Creation of discovering processes
  • User research, basics of making meaning and ideas

Solution design: product management

April 20

  • Principles of element performance evaluation
  • Introduction of new features
  • Product management

Marketing: growth

May 11

  • Creating a solid foundation for marketing growth
  • Next generation Growth Hacking marketing techniques

Sustainability

May 25

  • Corporate social responsibility
  • Current challenges, trends and frameworks

Finance and business

June 8

  • Financial “language”
  • Knowledge for ensuring business financial success

Opportunities provided by the programme

Knowledge and practice

Lectures, seminars and practical understanding

  • Opportunity to hear and learn from both Baltic and international lecturers. The lecturers will include experts with experience in fast-growing companies, as well as mentoring
  • Balancing theory with case studies from start-ups and successful high-growth companies
  • Opportunity to learn from the technology industry, as well as to consider the introduction of new solutions, approaches and technologies

Experience

Individual mentoring and support of experienced experts

  • Participants have access to individually selected mentors based on needs and business specifics
  • The programme's lead mentor will help participants succeed and grow by following progress and adapting an individual approach

Business contacts

  • Training sessions with all participants of the programme, which will promote the exchange of practical experience of companies and the opportunity to learn from like-minded people
  • Digital community platform for like-minded people to share news, seek advice, communicate and discuss news

Programme modules

  • 12-week knowledge module: training sessions
  • 12-week growth module: individual approach
  • Learning process with similar companies

Media
Image
Viesturs Sosars

The main mentor of the programme

Viesturs Sosārs


Co-founder of TechHub Riga and mentor of accelerator programmes in the Baltic states, Finland and Denmark. Will collaborate with programme participants throughout the programme, tracking progress and tailoring an individual approach to each participant during individual sessions.

LinkedIn profile

In collaboration with

The content of the Growth programme, mentors and other competencies are provided by our partner Helve, which is one of the leading expert companies in the Baltics in open innovation processes. The Helve team manages acceleration programmes, internal innovation incubators, local and international hackathons, and other open innovation projects. The Helve team works to realise the potential of innovation, technology and change at both the company and national level. Helve's customers are leading national and Baltic market companies and public authorities.

Media
Image
Helve logo

Program graduates

SEB Growth programme graduates logo

See full list

We bring companies, students and science together

Students of the University of Latvia, interested in business innovation, also participate in the Growth Program. In order to develop innovative ideas, the program also provides an opportunity to involve researchers.

Why should students be involved?

  • Students contribute with their own inputs
  • Students help solve time-critical tasks
  • The company has the opportunity to contribute to the development of young people with practical experience

FAQ

During candidate's selection to participate in the program, SEB keeps the right to give first-hand to own customers, however, it is not mandatory to be a SEB client to be invited to participate in the program. 

The company's participation cost in the Growth Program is covered by SEB.

The Growth Program for companies consists of two parts. Every other week there will be a 6-8 hour long online seminars, as well as work groups led by mentors and industry professionals. During the weeks between online seminars, Growth Program participants will complete tasks that can take up to 8 hours and sign up for individual mentoring sessions with the respective expert/mentor. Participants will be provided with all the necessary materials and information, as well as access to the online tools that will be used to support the program. Throughout the program participants will receive hands-on support from the program’s team. 

When participating in the Growth Program, keep in mind that each team member representing the business will need to devote approximately 8 hours per week to it.

In order to achieve the maximum effect of the program, it is desirable that the company is represented in the Growth Program by a management team or a group of people (consisting of two to five representatives) who are able to innovate and make significant changes in the company.

The goal of the Growth Program is to accelerate the growth of your company, ideally - by ten times in ten years your company's financial performance. As part of the program, you will gain knowledge and practical experience on how to develop a successful, customer-friendly product that is easy to scale in the global market. At the end of the program, under the guidance of mentors and experts, you will develop a 100-day development plan that will become the basis for achieving your goals.

Need advice on the program? 

Contact our Innovation center manager Irena Vercmane by e-mail: irena.vercmane@seb.lv or call at +371 2659 1201