On the 7th of January 2021 "Riga Cup  Events" Ltd. has signed an agreement Nr. SKV-TL-2021/2 with Investment and Development Agency of Latvia (LIAA)  for the project "International competitiveness promotion", which is co-financed by the European Regional Development Fund.

LIAA is a state institution of direct administration founded in 1993 under the Ministry of Economics of the Republic of Latvia. The aim of LIAA is to promote the competitiveness and export capacity of Latvian companies in international markets, to promote the growth of foreign investment, to implement the state tourism development policy and the state policy in the field of innovation.