TechHub Riga: the tech coworking and incubator franchise

Viesturs Sosars is the co-founder of TechHub Riga, the tech coworking and incubator franchise that was launched eight years ago and since then played a major role structuring the Latvian tech and startup ecosystem and connecting it with the international tech scene.

Main takeaways

The highlights from our conversation with Viesturs Sosars are summarised below:

• TechHub Riga was named after TechHub London, one of the UK pioneers in the early 2010. TechHub London has been among the most important English players who supported the rise of the Silicon Roundabout in London.
• TechHub Riga, for its part, has been very important for the Baltic country tech scene, too.
• TechHub London – which had been co-founded by Mike Butcher, from TechCrunch – announced the closure of the space, in August 2020, due to the impact of the Covid19 pandemic on their activities and revenues.
• On the other side, TechHub Riga, incorporated as a NGO, will keep the franchise alive along with their peers of TechHub Bucharest.
• Viesturs seems optimist: “We have the network and the international brand recognition. We also have projects and if things go right, we will move to a 9.000 sqm building historically owned by a university in Riga”
• In terms of content, which is very important for they and their customers: “We run workshops for corporates online, for example. It’s doable and ok. When it comes to events, we don’t have specific plans yet but we don’t exclude them, it depends on how the situation evolves”

Watch the full video conversation with Viesturs Sosars below.

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