The International Trade Council’s Go Global Awards are presented to companies that have made a significant contribution to the development of their respective industry through innovations and technological achievements. The International Trade Council network covers 176 countries and 418 professional organizations worldwide. It aims to build a community of manufacturers, exporters, and related service providers to share ideas, build partnerships and develop new cooperation projects. At the most recent ceremony in Tallinn, the Investment and Development Agency of Latvia (LIAA) received the Unicorn award for its contribution to developing Latvia’s start-up ecosystem. Latvian companies airBaltic, Lightspace Technologies, and Confero Technologies also received awards. The World Trade Council’s award in tourism went to Latvia’s national airline airBaltic, while Confero Technologies was awarded for developing financial technologies, and Lightspace Technologies received the award in the medical technology category. Confirming the Baltic Tigers as the fastest-growing ecosystem in Europe.

In this scenario, Lithuanian health tech start-up Kilo Health has just opened an office in Latvia. The company now has outposts in the Lithuanian cities of Vilnius, Kaunas, and Klaipėda, as well as in Berlin, Kyiv, and Riga. Kilo Health dates back to 2013 when the company launched its first product. At the time, the company employed seven people but has now grown to more than 600 employees. Until now, Kilo Health has developed 15 products used by more than four million people. Most of its customers are from the USA. In 2021, Deloitte recognized Kilo Health as the second fastest-growing company in Central Europe. It was also ranked as the second fastest-growing company in Europe in the FT1000.