The co-operation with the IT competence Center started on April 11, 2011, by signing an agreement with the Latvian Investment and Development Agency, creating a longer period of time between ICT companies and scientific institutions.
On April the 11th the IT Competence Center , entered into an agreement no. L-KC-11-0003 with the Latvian Investment and Development Agency on the implementation of the project “Information and Communication Technology Center” co-financed by the European Regional Development Fund. More than 14 million euros have been invested in the project, of which more than 9 million euros have been attracted from the European Structural Funds.
On September 27th, 2016, SIA IT Competences Center has entered into agreement no. 184.108.40.206/16/A/007 with the Central Finance and Contracts Agency on the implementation of the project "Information and Communication Technology Competence Center". During the project, it is planned to invest more than 5 million euros in research by the end of 2018, of which more than 2 million euros are co-financed by the European Structural Funds.
The main objectives of the IT Competence Center include - promotion of natural language technologies and business process analysis. Both directions are promising, and the center aims to create prototypes of products that would be competitive in the international market.