RTU Development fund
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RTU Development fund

RTU Development Fund

The foundation Riga Technical University Development Fund was established on 15 April 2002 and the statutory aim of the fund is to carry out activities aimed at providing public benefit, attract donations and grants from organisations, legal entities and individuals in order to help tertiary technical education establishments, first of all, RTU, become modern centres of education, science and culture in Latvia.

Enterprises and individuals are invited to establish cooperation with the Fund in order to join effort in promoting the development of education.

Main tasks of the Fund:

  • to promote the development of tertiary education in Latvia that meets social and market needs;
  • to promote the advancement of the level of education and training of new specialists;
  • to support the implementation of tertiary education institution development programmes not only for obtaining education, but also for conducting scientific research;
  • to award scholarships and allowances to students for studies, scientific work as well as for improvement of professional skills of the academic staff and employees.


The Fund is not an organisational unit of RTU, but rather an independent organisation – a legal entity having all rights and obligations of a legal entity in compliance with the valid regulatory enactments of the Republic of Latvia and its Articles of Association.