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ESTONIAFOCUS AREAS
Startup Estonia is a governmental initiative aimed to supercharge the Estonian startup ecosystem for it to be the birthplace of many more startup success stories in the future. For that, we are working on making Estonia one of the world's best places for startups by focusingSTARTUP VISA
The Estonian Startup Visa helps non-EU founders grow their startup in Estonia, one of the world's best places to start and run a company. It also eases the process for Estonian startups to hire non-EU talent. If your product packs innovation and has the potential to scale, the Estonian Startup Visa may be ESTONIAN STARTUP DATABASE Estonian Startup Database is the most extensive source for Estonian startups, powered by Startup Estonia. Get an overview of Estonian startups by ranking and filtering them by sectors, technology, stage, employee count, turnover, etc. You can also create custom reports ofspecific sectors.
TEAM — STARTUP ESTONIA anzelika.pratkunas@startupestonia.ee. Anželika has lived most of her life in Narva and since September 2020 is a member of Startup Estonia team as the Ida-Virumaa Project Lead. Anželika has worked on various projects in Ida-Viru County - Narva Museum, Vaba Lava and EstonianLanguage House.
STARTUP ESTONIA PUBLISHED A SET OF FREE TO USE LEGAL MODEL Startup Estonia published a set of free to use legal model documents for startups. Aug 25, 2020. Startup Estonia and nine law firms in Estonia have created a set of free model legal documents to simplify your startup’s journey. The package includes 22MODEL DOCUMENTS
Model Documents. YouTube. Startup Estonia and Estonian Private Equity and Venture Capital Association ( EstVCA) promote industry-standard legal documents in Estonia so startups and investors can focus on company and deal-specific matters. These documents are made freely available in the hope that they will help to educate the Estonianstart-up
STARTUP ESTONIA LAUNCHES A WHITE PAPER FOR 2021-2027 Startup Estonia launches a White Paper for 2021-2027. Nov 6, 2020. In 2021, Startup Estonia will be entering its sophomore year edition with a fresh set of ambitious goals for our small yet vibrant startup ecosystem and its impact on Estonia as a country. For that, we spent most of 2019 seeking feedback and debating with local andinternational
SERVICE PROVIDERS
VNTRS is a Startup Building Studio and a VC fund based in Tallinn, Stockholm, and Malmö. Our mission is to maximize the likelihood to deliver successful digital products and services, with high quality. All this, while still offering flexibility to both entrepreneurs andcorporations.
WHY ESTONIA?
The data you provide may be subject to personal data policy. In such a case we will treat it in accordance with the EU General Data Protection Regulation. By submitting this form, we assume that you have given us your consent to forward you our news about Startup Estonia and you are aware of personal data policy rights arising fromGDPR.
DEEP DIVE INTO THE ESTONIAN STARTUP SECTOR IN 2019 Investments (based on the crowdsourced database) During the first half of 2019, 117M EUR has been invested into Estonian startups. In total, there have been 24 new investment deals, with an average deal size of 4,43M EUR.Despite the investment sizes being smaller than at the same time in previous year, there has been a rise in the number of deals being made (15 investment deals made STARTUP ESTONIAABOUTSTARTUP VISASTARTUP ECOSYSTEMSTARTUP DATABASEWHYESTONIAFOCUS AREAS
Startup Estonia is a governmental initiative aimed to supercharge the Estonian startup ecosystem for it to be the birthplace of many more startup success stories in the future. For that, we are working on making Estonia one of the world's best places for startups by focusingSTARTUP VISA
The Estonian Startup Visa helps non-EU founders grow their startup in Estonia, one of the world's best places to start and run a company. It also eases the process for Estonian startups to hire non-EU talent. If your product packs innovation and has the potential to scale, the Estonian Startup Visa may be ESTONIAN STARTUP DATABASE Estonian Startup Database is the most extensive source for Estonian startups, powered by Startup Estonia. Get an overview of Estonian startups by ranking and filtering them by sectors, technology, stage, employee count, turnover, etc. You can also create custom reports ofspecific sectors.
TEAM — STARTUP ESTONIA anzelika.pratkunas@startupestonia.ee. Anželika has lived most of her life in Narva and since September 2020 is a member of Startup Estonia team as the Ida-Virumaa Project Lead. Anželika has worked on various projects in Ida-Viru County - Narva Museum, Vaba Lava and EstonianLanguage House.
STARTUP ESTONIA PUBLISHED A SET OF FREE TO USE LEGAL MODEL Startup Estonia published a set of free to use legal model documents for startups. Aug 25, 2020. Startup Estonia and nine law firms in Estonia have created a set of free model legal documents to simplify your startup’s journey. The package includes 22MODEL DOCUMENTS
Model Documents. YouTube. Startup Estonia and Estonian Private Equity and Venture Capital Association ( EstVCA) promote industry-standard legal documents in Estonia so startups and investors can focus on company and deal-specific matters. These documents are made freely available in the hope that they will help to educate the Estonianstart-up
STARTUP ESTONIA LAUNCHES A WHITE PAPER FOR 2021-2027 Startup Estonia launches a White Paper for 2021-2027. Nov 6, 2020. In 2021, Startup Estonia will be entering its sophomore year edition with a fresh set of ambitious goals for our small yet vibrant startup ecosystem and its impact on Estonia as a country. For that, we spent most of 2019 seeking feedback and debating with local andinternational
SERVICE PROVIDERS
VNTRS is a Startup Building Studio and a VC fund based in Tallinn, Stockholm, and Malmö. Our mission is to maximize the likelihood to deliver successful digital products and services, with high quality. All this, while still offering flexibility to both entrepreneurs andcorporations.
WHY ESTONIA?
The data you provide may be subject to personal data policy. In such a case we will treat it in accordance with the EU General Data Protection Regulation. By submitting this form, we assume that you have given us your consent to forward you our news about Startup Estonia and you are aware of personal data policy rights arising fromGDPR.
DEEP DIVE INTO THE ESTONIAN STARTUP SECTOR IN 2019 Investments (based on the crowdsourced database) During the first half of 2019, 117M EUR has been invested into Estonian startups. In total, there have been 24 new investment deals, with an average deal size of 4,43M EUR.Despite the investment sizes being smaller than at the same time in previous year, there has been a rise in the number of deals being made (15 investment deals made ABOUT — STARTUP ESTONIA Startup Estonia is a governmental initiative aimed to supercharge the Estonian startup ecosystem in order to be the birthplace of many more startup success stories to come. For that, we are working on making Estonia one of the world's best places for startups, partnering with and uniting the best of startups, incubators, accelerators, privateSTARTUP ECOSYSTEM
Startup Incubator is a business growth programme of Tallinn Science Park Tehnopol for tech startups. Together we help accelerate the pace of innovation by strengthening the path for entrepreneurs, providing support for entrepreneurial communities, and helping to grow the worldwide entrepreneurial ecosystem.MODEL DOCUMENTS
Model Documents. YouTube. Startup Estonia and Estonian Private Equity and Venture Capital Association ( EstVCA) promote industry-standard legal documents in Estonia so startups and investors can focus on company and deal-specific matters. These documents are made freely available in the hope that they will help to educate the Estonianstart-up
WHY ESTONIA?
The data you provide may be subject to personal data policy. In such a case we will treat it in accordance with the EU General Data Protection Regulation. By submitting this form, we assume that you have given us your consent to forward you our news about Startup Estonia and you are aware of personal data policy rights arising fromGDPR.
FOCUS AREAS
Our current Focus areas are: CyberTech, EdTech and Ida-Viru region. Two startup support organisations have begun as a part of Startup Estonia, but have later developed into independent entities. Startup Estonia had a 2-year pilot programme cooperation with theSECTOR INSIGHTS
Sector covers technologies used in agriculture, forestry, fishing, hunting, animal husbandry, food and beverage fields, horticulture, and aquaculture with the aim of improving yield, efficiency, and profitability through information monitoring and analysis of relevantindicators such as
ESTONIAN STARTUP DATABASE IS NOW LIVE! Estonian Startup Database is now live! Jan 22, 2020. Estonian Startup Database, that we have worked so hard on for the past year is finally live. It is the most extensive source of Estonian startups, powered by Startup Estonia. Since 2015, Startup Estonia has been actively developing our startup ecosystem as an umbrella organisation, in order HAPPY BIRTHDAY, ESTONIAN STARTUP VISA! Happy Birthday, Estonian Startup Visa! Jan 17, 2020. To celebrate the 3rd anniversary of the Estonian Startup Visa, we wanted to take a look back on the 3 years of work, travels and numbers that are pushing the Estonian startup ecosystem to next levels! 10 facts VISA TEST — STARTUP ESTONIA Apply for a residence permit for business if you have a holding in a company or you operate as a sole proprietor and you have invested in business activity in Estonia at least 65,000 euros of capital (in the case of a self-employed person, 16,000 euros). The company’s equity capital, subordinated liability and the amount of registered fixedVALUE FOR INVESTORS
Value for investors — Startup Estonia. e-Estonia. Often referred to as e-Estonia, this country is a digital and tech-savvy society, where everything from setting up a new company to declaring taxes can be done with just a click on the computer. With a population of just 1.3 million Estonia produces more successful startups per capita than any STARTUP ESTONIAABOUTSTARTUP VISASTARTUP ECOSYSTEMSTARTUP DATABASEWHYESTONIAFOCUS AREAS
Startup Estonia is a governmental initiative aimed to supercharge the Estonian startup ecosystem for it to be the birthplace of many more startup success stories in the future. For that, we are working on making Estonia one of the world's best places for startups by focusingSTARTUP VISA
The Estonian Startup Visa helps non-EU founders grow their startup in Estonia, one of the world's best places to start and run a company. It also eases the process for Estonian startups to hire non-EU talent. If your product packs innovation and has the potential to scale, the Estonian Startup Visa may be ESTONIAN STARTUP DATABASE Estonian Startup Database is the most extensive source for Estonian startups, powered by Startup Estonia. Get an overview of Estonian startups by ranking and filtering them by sectors, technology, stage, employee count, turnover, etc. You can also create custom reports ofspecific sectors.
MODEL DOCUMENTS
Model Documents. YouTube. Startup Estonia and Estonian Private Equity and Venture Capital Association ( EstVCA) promote industry-standard legal documents in Estonia so startups and investors can focus on company and deal-specific matters. These documents are made freely available in the hope that they will help to educate the Estonianstart-up
STARTUP ESTONIA PUBLISHED A SET OF FREE TO USE LEGAL MODEL Startup Estonia published a set of free to use legal model documents for startups. Aug 25, 2020. Startup Estonia and nine law firms in Estonia have created a set of free model legal documents to simplify your startup’s journey. The package includes 22 THE FIRST QUARTER OF 2021 FOR THE ESTONIAN STARTUP SECTOR The turnover of Estonian startups totaled 255M EUR in Q1 of 2021, growing by 26% year-on-year. In the first quarter, the startups with the largest turnover were Bolt (126M EUR), Adcash (9,9M EUR) and Paxful (7,2M EUR), while the top 20 startups were generating 76% of the total turnover. In Q1 2021, Estonian startups paid 28,8 millioneuros in
STARTUP ESTONIA LAUNCHES A WHITE PAPER FOR 2021-2027 Startup Estonia launches a White Paper for 2021-2027. Nov 6, 2020. In 2021, Startup Estonia will be entering its sophomore year edition with a fresh set of ambitious goals for our small yet vibrant startup ecosystem and its impact on Estonia as a country. For that, we spent most of 2019 seeking feedback and debating with local andinternational
WHY ESTONIA?
The data you provide may be subject to personal data policy. In such a case we will treat it in accordance with the EU General Data Protection Regulation. By submitting this form, we assume that you have given us your consent to forward you our news about Startup Estonia and you are aware of personal data policy rights arising fromGDPR.
SERVICE PROVIDERS
VNTRS is a Startup Building Studio and a VC fund based in Tallinn, Stockholm, and Malmö. Our mission is to maximize the likelihood to deliver successful digital products and services, with high quality. All this, while still offering flexibility to both entrepreneurs andcorporations.
DEEP DIVE INTO THE ESTONIAN STARTUP SECTOR IN 2019 Investments (based on the crowdsourced database) During the first half of 2019, 117M EUR has been invested into Estonian startups. In total, there have been 24 new investment deals, with an average deal size of 4,43M EUR.Despite the investment sizes being smaller than at the same time in previous year, there has been a rise in the number of deals being made (15 investment deals made STARTUP ESTONIAABOUTSTARTUP VISASTARTUP ECOSYSTEMSTARTUP DATABASEWHYESTONIAFOCUS AREAS
Startup Estonia is a governmental initiative aimed to supercharge the Estonian startup ecosystem for it to be the birthplace of many more startup success stories in the future. For that, we are working on making Estonia one of the world's best places for startups by focusingSTARTUP VISA
The Estonian Startup Visa helps non-EU founders grow their startup in Estonia, one of the world's best places to start and run a company. It also eases the process for Estonian startups to hire non-EU talent. If your product packs innovation and has the potential to scale, the Estonian Startup Visa may be ESTONIAN STARTUP DATABASE Estonian Startup Database is the most extensive source for Estonian startups, powered by Startup Estonia. Get an overview of Estonian startups by ranking and filtering them by sectors, technology, stage, employee count, turnover, etc. You can also create custom reports ofspecific sectors.
MODEL DOCUMENTS
Model Documents. YouTube. Startup Estonia and Estonian Private Equity and Venture Capital Association ( EstVCA) promote industry-standard legal documents in Estonia so startups and investors can focus on company and deal-specific matters. These documents are made freely available in the hope that they will help to educate the Estonianstart-up
STARTUP ESTONIA PUBLISHED A SET OF FREE TO USE LEGAL MODEL Startup Estonia published a set of free to use legal model documents for startups. Aug 25, 2020. Startup Estonia and nine law firms in Estonia have created a set of free model legal documents to simplify your startup’s journey. The package includes 22 THE FIRST QUARTER OF 2021 FOR THE ESTONIAN STARTUP SECTOR The turnover of Estonian startups totaled 255M EUR in Q1 of 2021, growing by 26% year-on-year. In the first quarter, the startups with the largest turnover were Bolt (126M EUR), Adcash (9,9M EUR) and Paxful (7,2M EUR), while the top 20 startups were generating 76% of the total turnover. In Q1 2021, Estonian startups paid 28,8 millioneuros in
STARTUP ESTONIA LAUNCHES A WHITE PAPER FOR 2021-2027 Startup Estonia launches a White Paper for 2021-2027. Nov 6, 2020. In 2021, Startup Estonia will be entering its sophomore year edition with a fresh set of ambitious goals for our small yet vibrant startup ecosystem and its impact on Estonia as a country. For that, we spent most of 2019 seeking feedback and debating with local andinternational
WHY ESTONIA?
The data you provide may be subject to personal data policy. In such a case we will treat it in accordance with the EU General Data Protection Regulation. By submitting this form, we assume that you have given us your consent to forward you our news about Startup Estonia and you are aware of personal data policy rights arising fromGDPR.
SERVICE PROVIDERS
VNTRS is a Startup Building Studio and a VC fund based in Tallinn, Stockholm, and Malmö. Our mission is to maximize the likelihood to deliver successful digital products and services, with high quality. All this, while still offering flexibility to both entrepreneurs andcorporations.
DEEP DIVE INTO THE ESTONIAN STARTUP SECTOR IN 2019 Investments (based on the crowdsourced database) During the first half of 2019, 117M EUR has been invested into Estonian startups. In total, there have been 24 new investment deals, with an average deal size of 4,43M EUR.Despite the investment sizes being smaller than at the same time in previous year, there has been a rise in the number of deals being made (15 investment deals made ABOUT — STARTUP ESTONIA Startup Estonia is a governmental initiative aimed to supercharge the Estonian startup ecosystem in order to be the birthplace of many more startup success stories to come. For that, we are working on making Estonia one of the world's best places for startups, partnering with and uniting the best of startups, incubators, accelerators, private STARTUP ESTONIA LAUNCHES A WHITE PAPER FOR 2021-2027 Startup Estonia launches a White Paper for 2021-2027. Nov 6, 2020. In 2021, Startup Estonia will be entering its sophomore year edition with a fresh set of ambitious goals for our small yet vibrant startup ecosystem and its impact on Estonia as a country. For that, we spent most of 2019 seeking feedback and debating with local andinternational
THE FIRST QUARTER OF 2021 FOR THE ESTONIAN STARTUP SECTOR The turnover of Estonian startups totaled 255M EUR in Q1 of 2021, growing by 26% year-on-year. In the first quarter, the startups with the largest turnover were Bolt (126M EUR), Adcash (9,9M EUR) and Paxful (7,2M EUR), while the top 20 startups were generating 76% of the total turnover. In Q1 2021, Estonian startups paid 28,8 millioneuros in
EVENTS — STARTUP ESTONIA Events. The calendar with these events is drawn from Startup Digest Estonia, a startup events calendar and a weekly newsletter that we suggest you to sign up for in order to stay up to date with the latest and most exciting startups, events and reads in Estonia! June 2021.today.
STARTUP ECOSYSTEM
Startup Incubator is a business growth programme of Tallinn Science Park Tehnopol for tech startups. Together we help accelerate the pace of innovation by strengthening the path for entrepreneurs, providing support for entrepreneurial communities, and helping to grow the worldwide entrepreneurial ecosystem.FOCUS AREAS
Our current Focus areas are: CyberTech, EdTech and Ida-Viru region. Two startup support organisations have begun as a part of Startup Estonia, but have later developed into independent entities. Startup Estonia had a 2-year pilot programme cooperation with theWHY ESTONIA?
The data you provide may be subject to personal data policy. In such a case we will treat it in accordance with the EU General Data Protection Regulation. By submitting this form, we assume that you have given us your consent to forward you our news about Startup Estonia and you are aware of personal data policy rights arising fromGDPR.
WHY ESTONIA?
e-EstoniaA Digital Society. Often referred to as e-Estonia, this country is a digital and tech-savvy society, where everything from setting up a new company to declaring taxes can be done with just a click on the computer. With a population of just 1.3 million Estonia produces more successful startups per capita than any other country inEurope.
VISA TEST — STARTUP ESTONIA Apply for a residence permit for business if you have a holding in a company or you operate as a sole proprietor and you have invested in business activity in Estonia at least 65,000 euros of capital (in the case of a self-employed person, 16,000 euros). The company’s equity capital, subordinated liability and the amount of registered fixedVALUE FOR INVESTORS
Value for investors — Startup Estonia. e-Estonia. Often referred to as e-Estonia, this country is a digital and tech-savvy society, where everything from setting up a new company to declaring taxes can be done with just a click on the computer. With a population of just 1.3 million Estonia produces more successful startups per capita than any STARTUP ESTONIAABOUTSTARTUP VISASTARTUP ECOSYSTEMSTARTUP DATABASEWHYESTONIAFOCUS AREAS
Estonia has a vibrant and welcoming startup community, eager to support ambitious individuals and startups. We invite you to be a part of the ecosystem, already home to more than a 1000 startups and 7 unicorns. What does Startup Estonia do? Startup Estonia is a governmental initiative aimed to supercharge the Estonian startup ecosystem for it to be the birthplace of many more startup successSTARTUP VISA
The Estonian Startup Visa helps non-EU founders grow their startup in Estonia, one of the world's best places to start and run a company. It also eases the process for Estonian startups to hire non-EU talent. If your product packs innovation and has the potential to scale, the Estonian Startup Visa may be ESTONIAN STARTUP DATABASE Estonian Startup Database. Estonian Startup Database is the most extensive source for Estonian startups, powered by Startup Estonia. Get an overview of Estonian startups by ranking and filtering them by sectors, technology, stage, employee count, turnover, etc. THE FIRST QUARTER OF 2021 FOR THE ESTONIAN STARTUP SECTOR According to Eve Peeterson, the Head of Startup Estonia, the corona crisis hit traditional enterprises as well as startups, but by today the startup sector is growing again.‘’The turnover of startups has increased by 26%, showing not only the recovery of the sector but also improvements.Additionally, the investments to startups have shown a significant increase, showing trust from theMODEL DOCUMENTS
Startup Estonia and Estonian Private Equity and Venture Capital Association promote industry-standard legal documents in Estonia so startups and investors can focus on company and deal-specific matters.These documents are made freely available in the hope that they will help to educate the Estonian start-up community, speed up foundation, team-building and early stage investment process,WHY ESTONIA?
The data you provide may be subject to personal data policy. In such a case we will treat it in accordance with the EU General Data Protection Regulation. By submitting this form, we assume that you have given us your consent to forward you our news about Startup Estonia and you are aware of personal data policy rights arising fromGDPR.
SERVICE PROVIDERS
Under this tab, we've compiled an overview of the different business service providers in and around the Estonian startup ecosystem. We hope this helps to make the navigation of the Estonian startup scene as easy as possible for the startups already in Estonia as well as for those wishing to relocate to Estonia. STARTUP ESTONIA LAUNCHES A WHITE PAPER FOR 2021-2027 After two days full of discussions, workshops (shoutout to our good friends Jussi and Miikka from Ghost Company, who helped us to structure the workshops) we found common ground on various future goals and values.Community members eagerly voiced their opinions and expressed willingness for deeper involvement and mutual responsibility for the future development of our startup DEEP DIVE INTO THE ESTONIAN STARTUP SECTOR IN 2019 Investments (based on the crowdsourced database) During the first half of 2019, 117M EUR has been invested into Estonian startups. In total, there have been 24 new investment deals, with an average deal size of 4,43M EUR.Despite the investment sizes being smaller than at the same time in previous year, there has been a rise in the number of deals being made (15 investment deals made STARTUP ESTONIA PUBLISHED A SET OF FREE TO USE LEGAL MODEL There are plenty of examples of use cases for the model documents. When starting a company, it is important to sign a Founders Agreement to determine the roles of the founders, how much of the company each founder owns, and what happens if a founder departs the company.The Articles of Asssociation regulate how important decisions are made and how the shares can be sold. STARTUP ESTONIAABOUTSTARTUP VISASTARTUP ECOSYSTEMSTARTUP DATABASEWHYESTONIAFOCUS AREAS
Estonia has a vibrant and welcoming startup community, eager to support ambitious individuals and startups. We invite you to be a part of the ecosystem, already home to more than a 1000 startups and 7 unicorns. What does Startup Estonia do? Startup Estonia is a governmental initiative aimed to supercharge the Estonian startup ecosystem for it to be the birthplace of many more startup successSTARTUP VISA
The Estonian Startup Visa helps non-EU founders grow their startup in Estonia, one of the world's best places to start and run a company. It also eases the process for Estonian startups to hire non-EU talent. If your product packs innovation and has the potential to scale, the Estonian Startup Visa may be ESTONIAN STARTUP DATABASE Estonian Startup Database. Estonian Startup Database is the most extensive source for Estonian startups, powered by Startup Estonia. Get an overview of Estonian startups by ranking and filtering them by sectors, technology, stage, employee count, turnover, etc. THE FIRST QUARTER OF 2021 FOR THE ESTONIAN STARTUP SECTOR According to Eve Peeterson, the Head of Startup Estonia, the corona crisis hit traditional enterprises as well as startups, but by today the startup sector is growing again.‘’The turnover of startups has increased by 26%, showing not only the recovery of the sector but also improvements.Additionally, the investments to startups have shown a significant increase, showing trust from theMODEL DOCUMENTS
Startup Estonia and Estonian Private Equity and Venture Capital Association promote industry-standard legal documents in Estonia so startups and investors can focus on company and deal-specific matters.These documents are made freely available in the hope that they will help to educate the Estonian start-up community, speed up foundation, team-building and early stage investment process,WHY ESTONIA?
The data you provide may be subject to personal data policy. In such a case we will treat it in accordance with the EU General Data Protection Regulation. By submitting this form, we assume that you have given us your consent to forward you our news about Startup Estonia and you are aware of personal data policy rights arising fromGDPR.
SERVICE PROVIDERS
Under this tab, we've compiled an overview of the different business service providers in and around the Estonian startup ecosystem. We hope this helps to make the navigation of the Estonian startup scene as easy as possible for the startups already in Estonia as well as for those wishing to relocate to Estonia. STARTUP ESTONIA LAUNCHES A WHITE PAPER FOR 2021-2027 After two days full of discussions, workshops (shoutout to our good friends Jussi and Miikka from Ghost Company, who helped us to structure the workshops) we found common ground on various future goals and values.Community members eagerly voiced their opinions and expressed willingness for deeper involvement and mutual responsibility for the future development of our startup DEEP DIVE INTO THE ESTONIAN STARTUP SECTOR IN 2019 Investments (based on the crowdsourced database) During the first half of 2019, 117M EUR has been invested into Estonian startups. In total, there have been 24 new investment deals, with an average deal size of 4,43M EUR.Despite the investment sizes being smaller than at the same time in previous year, there has been a rise in the number of deals being made (15 investment deals made STARTUP ESTONIA PUBLISHED A SET OF FREE TO USE LEGAL MODEL There are plenty of examples of use cases for the model documents. When starting a company, it is important to sign a Founders Agreement to determine the roles of the founders, how much of the company each founder owns, and what happens if a founder departs the company.The Articles of Asssociation regulate how important decisions are made and how the shares can be sold. ABOUT — STARTUP ESTONIA What are we hoping to achieve? For a long time, our goal was to have 1000 active startups in Estonia. That was accomplished in early 2020 with the launch of Estonian Startup Database.Later that year, Startup Estonia launched a White Paper for the 2021-2027 period, highlighting the potential future development and a collective vision for ourstartup community.
THE FIRST QUARTER OF 2021 FOR THE ESTONIAN STARTUP SECTOR According to Eve Peeterson, the Head of Startup Estonia, the corona crisis hit traditional enterprises as well as startups, but by today the startup sector is growing again.‘’The turnover of startups has increased by 26%, showing not only the recovery of the sector but also improvements.Additionally, the investments to startups have shown a significant increase, showing trust from theMODEL DOCUMENTS
Startup Estonia and Estonian Private Equity and Venture Capital Association promote industry-standard legal documents in Estonia so startups and investors can focus on company and deal-specific matters.These documents are made freely available in the hope that they will help to educate the Estonian start-up community, speed up foundation, team-building and early stage investment process,FOCUS AREAS
Startup Estonia has three focus areas in our activities As Startup Estonia is a governmental initiative we work closely together with the different Estonian ministries and stakeholders with the aim of connecting different sectors with the startup community. STARTUP ESTONIA LAUNCHES A WHITE PAPER FOR 2021-2027 After two days full of discussions, workshops (shoutout to our good friends Jussi and Miikka from Ghost Company, who helped us to structure the workshops) we found common ground on various future goals and values.Community members eagerly voiced their opinions and expressed willingness for deeper involvement and mutual responsibility for the future development of our startupSTARTUP ECOSYSTEM
Changemakers is a growth mindset driven entrepreneurship & leadership program for 14-19-year-old youngsters to unlock their potential and change the world for the better to become a change maker. During programs and courses, change makers get to develop everything you won't get from school - from leadership, analysing and teamwork skills to performing, investing, sales and marketing skillsWHY ESTONIA?
The data you provide may be subject to personal data policy. In such a case we will treat it in accordance with the EU General Data Protection Regulation. By submitting this form, we assume that you have given us your consent to forward you our news about Startup Estonia and you are aware of personal data policy rights arising fromGDPR.
VISA TEST — STARTUP ESTONIA As an Employee Apply for a job in Estonia and apply for a temporary residence permit. Estonian companies are actively looking for talented professionals in various sectors, including IT.ECOSYSTEM VALUE
The data you provide may be subject to personal data policy. In such a case we will treat it in accordance with the EU General Data Protection Regulation. By submitting this form, we assume that you have given us your consent to forward you our news about Startup Estonia and you are aware of personal data policy rights arising fromGDPR.
VALUE FOR INVESTORS
The data you provide may be subject to personal data policy. In such a case we will treat it in accordance with the EU General Data Protection Regulation. By submitting this form, we assume that you have given us your consent to forward you our news about Startup Estonia and you are aware of personal data policy rights arising fromGDPR.
STARTUP ESTONIAABOUTSTARTUP VISASTARTUP ECOSYSTEMSTARTUP DATABASEWHY ESTONIAFOCUS AREASESTONIA STARTUP VISAESTONIA FLAGESTONIA HISTORYESTONIA PEOPLEESTONIA TOURISMVISIT ESTONIA Startup Estonia is a governmental initiative aimed to supercharge the Estonian startup ecosystem for it to be the birthplace of many more startup success stories in the future. For that, we are working on making Estonia one of the world's best places for startups by focusingSTARTUP VISA
The Estonian Startup Visa helps non-EU founders grow their startup in Estonia, one of the world's best places to start and run a company. It also eases the process for Estonian startups to hire non-EU talent. If your product packs innovation and has the potential to scale, the Estonian Startup Visa may be ESTONIAN STARTUP DATABASE Estonian Startup Database is the most extensive source for Estonian startups, powered by Startup Estonia. Get an overview of Estonian startups by ranking and filtering them by sectors, technology, stage, employee count, turnover, etc. You can also create custom reports ofspecific sectors.
MODEL DOCUMENTS
Model Documents. YouTube. Startup Estonia and Estonian Private Equity and Venture Capital Association ( EstVCA) promote industry-standard legal documents in Estonia so startups and investors can focus on company and deal-specific matters. These documents are made freely available in the hope that they will help to educate the Estonianstart-up
STARTUP ESTONIA PUBLISHED A SET OF FREE TO USE LEGAL MODEL Startup Estonia published a set of free to use legal model documents for startups. Aug 25, 2020. Startup Estonia and nine law firms in Estonia have created a set of free model legal documents to simplify your startup’s journey. The package includes 22STARTUP ECOSYSTEM
Startup Incubator is a business growth programme of Tallinn Science Park Tehnopol for tech startups. Together we help accelerate the pace of innovation by strengthening the path for entrepreneurs, providing support for entrepreneurial communities, and helping to grow the worldwide entrepreneurial ecosystem.WHY ESTONIA?
The data you provide may be subject to personal data policy. In such a case we will treat it in accordance with the EU General Data Protection Regulation. By submitting this form, we assume that you have given us your consent to forward you our news about Startup Estonia and you are aware of personal data policy rights arising fromGDPR.
SERVICE PROVIDERS
VNTRS is a Startup Building Studio and a VC fund based in Tallinn, Stockholm, and Malmö. Our mission is to maximize the likelihood to deliver successful digital products and services, with high quality. All this, while still offering flexibility to both entrepreneurs andcorporations.
MATURED STARTUPS AND EXITS Matured startups and exits. Estonia is known for the numerous successful startups that have been created here. By Estonian definition, startup companies are based on technology, are innovative and have repeatable and scalable business models with fast global growth potential. Once a startup reaches 11 years of age, it is considered a matured DEEP DIVE INTO THE ESTONIAN STARTUP SECTOR IN 2019 Investments (based on the crowdsourced database) During the first half of 2019, 117M EUR has been invested into Estonian startups. In total, there have been 24 new investment deals, with an average deal size of 4,43M EUR.Despite the investment sizes being smaller than at the same time in previous year, there has been a rise in the number of deals being made (15 investment deals made STARTUP ESTONIAABOUTSTARTUP VISASTARTUP ECOSYSTEMSTARTUP DATABASEWHY ESTONIAFOCUS AREASESTONIA STARTUP VISAESTONIA FLAGESTONIA HISTORYESTONIA PEOPLEESTONIA TOURISMVISIT ESTONIA Startup Estonia is a governmental initiative aimed to supercharge the Estonian startup ecosystem for it to be the birthplace of many more startup success stories in the future. For that, we are working on making Estonia one of the world's best places for startups by focusingSTARTUP VISA
The Estonian Startup Visa helps non-EU founders grow their startup in Estonia, one of the world's best places to start and run a company. It also eases the process for Estonian startups to hire non-EU talent. If your product packs innovation and has the potential to scale, the Estonian Startup Visa may be ESTONIAN STARTUP DATABASE Estonian Startup Database is the most extensive source for Estonian startups, powered by Startup Estonia. Get an overview of Estonian startups by ranking and filtering them by sectors, technology, stage, employee count, turnover, etc. You can also create custom reports ofspecific sectors.
MODEL DOCUMENTS
Model Documents. YouTube. Startup Estonia and Estonian Private Equity and Venture Capital Association ( EstVCA) promote industry-standard legal documents in Estonia so startups and investors can focus on company and deal-specific matters. These documents are made freely available in the hope that they will help to educate the Estonianstart-up
STARTUP ESTONIA PUBLISHED A SET OF FREE TO USE LEGAL MODEL Startup Estonia published a set of free to use legal model documents for startups. Aug 25, 2020. Startup Estonia and nine law firms in Estonia have created a set of free model legal documents to simplify your startup’s journey. The package includes 22STARTUP ECOSYSTEM
Startup Incubator is a business growth programme of Tallinn Science Park Tehnopol for tech startups. Together we help accelerate the pace of innovation by strengthening the path for entrepreneurs, providing support for entrepreneurial communities, and helping to grow the worldwide entrepreneurial ecosystem.WHY ESTONIA?
The data you provide may be subject to personal data policy. In such a case we will treat it in accordance with the EU General Data Protection Regulation. By submitting this form, we assume that you have given us your consent to forward you our news about Startup Estonia and you are aware of personal data policy rights arising fromGDPR.
SERVICE PROVIDERS
VNTRS is a Startup Building Studio and a VC fund based in Tallinn, Stockholm, and Malmö. Our mission is to maximize the likelihood to deliver successful digital products and services, with high quality. All this, while still offering flexibility to both entrepreneurs andcorporations.
MATURED STARTUPS AND EXITS Matured startups and exits. Estonia is known for the numerous successful startups that have been created here. By Estonian definition, startup companies are based on technology, are innovative and have repeatable and scalable business models with fast global growth potential. Once a startup reaches 11 years of age, it is considered a matured DEEP DIVE INTO THE ESTONIAN STARTUP SECTOR IN 2019 Investments (based on the crowdsourced database) During the first half of 2019, 117M EUR has been invested into Estonian startups. In total, there have been 24 new investment deals, with an average deal size of 4,43M EUR.Despite the investment sizes being smaller than at the same time in previous year, there has been a rise in the number of deals being made (15 investment deals made ABOUT — STARTUP ESTONIA Startup Estonia is a governmental initiative aimed to supercharge the Estonian startup ecosystem in order to be the birthplace of many more startup success stories to come. For that, we are working on making Estonia one of the world's best places for startups, partnering with and uniting the best of startups, incubators, accelerators, privateSTARTUP ECOSYSTEM
Startup Incubator is a business growth programme of Tallinn Science Park Tehnopol for tech startups. Together we help accelerate the pace of innovation by strengthening the path for entrepreneurs, providing support for entrepreneurial communities, and helping to grow the worldwide entrepreneurial ecosystem.WHY ESTONIA?
The data you provide may be subject to personal data policy. In such a case we will treat it in accordance with the EU General Data Protection Regulation. By submitting this form, we assume that you have given us your consent to forward you our news about Startup Estonia and you are aware of personal data policy rights arising fromGDPR.
SECTOR INSIGHTS
Sector developments. Advanced Manufacturing & Industry turnover accounted for 1% of the total turnover generated by the startup sector in the I quarter of 2021. Compared to the last quarter of 2020, we can see an increase in employment taxes paid (15%) and turnover (26%) and number of employees in the sector (14%). Startups in this sector. TEAM — STARTUP ESTONIA anzelika.pratkunas@startupestonia.ee. Anželika has lived most of her life in Narva and since September 2020 is a member of Startup Estonia team as the Ida-Virumaa Project Lead. Anželika has worked on various projects in Ida-Viru County - Narva Museum, Vaba Lava and EstonianLanguage House.
MATURED STARTUPS AND EXITS Matured startups and exits. Estonia is known for the numerous successful startups that have been created here. By Estonian definition, startup companies are based on technology, are innovative and have repeatable and scalable business models with fast global growth potential. Once a startup reaches 11 years of age, it is considered a matured VISA TEST — STARTUP ESTONIA Apply for a residence permit for business if you have a holding in a company or you operate as a sole proprietor and you have invested in business activity in Estonia at least 65,000 euros of capital (in the case of a self-employed person, 16,000 euros). The company’s equity capital, subordinated liability and the amount of registered fixed PODCAST — STARTUP ESTONIA 0:00. 0:00 / 0:51. Live. •. In the first season we were mainly focusing on the Startup Visa programme and the advantages of starting your company in Estonia. In the second season, every episode covered a different startup sector such as Cyber Security, EdTech, AI & Machine Learning, Financial Technologies. In the third season, we are looking DEEP DIVE INTO THE ESTONIAN STARTUP SECTOR IN 2019 Investments (based on the crowdsourced database) During the first half of 2019, 117M EUR has been invested into Estonian startups. In total, there have been 24 new investment deals, with an average deal size of 4,43M EUR.Despite the investment sizes being smaller than at the same time in previous year, there has been a rise in the number of deals being made (15 investment deals madeECOSYSTEM VALUE
Ecosystem Value. For strengthening and growing our ecosystem is undoubtedly important to have strong collaboration and partnership with ecosystem community members. Those are the organisations, providing a wide range of services at all stages of the startup’s life, where we try to supercharge the value of their activities.Menu
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Startup Estonia is supercharging the Estonian startup ecosystem Feel free to use a set of STARTUP MODEL DOCUMENTS - a package of legal documents for startups' fundraising! Largest employers, fastest growers, investments and more - HERE'San
overview of the first 9 months of 2020 for Estonian startups! Estonian Startup Visa is welcoming non-EU startup founders to apply and relocate to our vibrant startup community! Learn more HERE!
Check out our latest newsletter with updates from the startup scene in Estonia and upcoming startup events. Read it here! FROM INCEPTION TO DISRUPTION Startup Estonia is a governmental initiative aimed to supercharge the local startup ecosystem in order to see many more startup success stories to come from Estonia. For that, we are working on making Estonia one of the world's best places for startups by focusing onthese
4 building blocks:
STRONG ECOSYSTEM
Uniting, building and representing the local startup community.SMART PEOPLE
Organizing trainings for startup teams and co-organizing impactful startup events with the community.SMART MONEY
Educating the local investors, attracting foreign investors and initiating new accelerator funds. FRIENDLY REGULATIONS Making it easier to operate a startup, invest or raise funding inEstonia.
See why Estonia is an ideal place for startups and investorsSUCCESS STORIES
What makes a startup successful? We don’t know the formula yet but are actively looking for it. Fine tuning. Experimenting. Here are some of the Estonian startup success stories so far: Peer-to-peer money transfer and currency exchange. https://transferwise.com/ Veriff is an AI driven global tech company building a visionary verification platform. https:// www.veriff.com Pipedrive makes sales CRM for companies with big ambitions. https://www.pipedrive.com The mobile app alternative to the banks, offering multi-currency accounts that are easy to open from anywhere in the European Economic Area. https://monese.com/ Self-driving delivery robots for last-mile deliveries. https://starship.xyz/ Europe's fastest-growing ride-sharing platform. https://bolt.euMATURED & EXITS
In Estonia, once a startup reaches 10 years of age, it is considered a matured company and no longer a startup. See our matured startups and exits hereLATEST BUZZ
OUR BLOG
Startup in Estonia: S3 E6 - How to build a startup around physicalproducts
Nov 19, 2020 Startup Estonia otsib startup viisa ja välissuheteprojektijuhti
Nov 12, 2020 How education got an upgrade Nov 11, 2020 More newsSOCIAL MEDIA
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