Support for educational initiatives

"An investment in knowledge pays the best interest" Benjamin Franklin "An investment in knowledge pays the best interest" Benjamin Franklin "An investment in knowledge pays the best interest" Benjamin Franklin "An investment in knowledge pays the best interest" Benjamin Franklin "An investment in knowledge pays the best interest" Benjamin Franklin "An investment in knowledge pays the best interest" Benjamin Franklin "An investment in knowledge pays the best interest" Benjamin Franklin "An investment in knowledge pays the best interest" Benjamin Franklin "An investment in knowledge pays the best interest" Benjamin Franklin "An investment in knowledge pays the best interest" Benjamin Franklin
The FOUNDATION FOR GROWTH (Nodibinājums “Fonds AUGT”)

Nurturing the quality of public education, financial literacy and lifelong learning skills

The FOUNDATION FOR GROWTH nurtures a favourable environment for developing innovative ideas, creates competitive jobs and a knowledge-based society, and drives the growth of the national economy.

We see education as a lifelong process, encompassing several important dimensions and particularly focusing on promoting financial literacy among different groups in society.

The foundation assists in developing of closer cooperation within the educational community, and supports equal, high-quality access to education throughout Latvia and the creation of solutions assisting this goal (including for the promotion of STEM subjects in the education system).

Support for initiatives

The Foundation provides support for educational initiatives both financially and through its expertise, network and circle of contacts

Support for organisations

The Foundation provides support to organisations in the education sector by providing them with opportunities to develop and improve

Data and information

The Foundation will support the development of new research in the field of education, and organise and support think tanks, discussions and conferences

The Foundation’s founder

The “FOUNDATION FOR GROWTH” is founded by AS “Swedbank”.

“Changes in the education sector in Latvia are possible only if all parties involved are clearly aware of the goals and jointly agree on a road map to achieve them. Therefore, continuing Swedbank’s long-term contribution to strengthening the Latvian knowledge society, we want to make a lasting and significant contribution to the implementation of good changes in the field of education,” says Lauris Mencis, Chairman of the Board of Swedbank Latvija and Chairman of the Supervisory Board of the “FOUNDATION FOR GROWTH”.