Tallinn
Harju County
11412
Estonia
Enterprise Estonia
Established in 2000, Enterprise Estonia (EAS) promotes business and regional policy in Estonia and is one of the largest institutions within the national support system for entrepreneurship by providing financial assistance, counselling, cooperation opportunities and training for entrepreneurs, research institutions, the public and non-profit sectors.
Our activities contribute to the achievement of long-term strategic goals of the Estonian economy. To this end, we support the development of companies that have export capacity and create higher added value. Our long-term goal is to help Estonia become one of the most competitive countries in the world.
Our mission
Building a successful Estonia.
The objective of Enterprise Estonia for 2019–2023
Objective for 2023
Number of exporters with high added value during the final year 600 enterprises
Added value created by clients of Enterprise Estonia during the final year 2.1 billion euros
Number of internationally known brands during the final year 20 brands
Foreign investments brought to Estonia with the help of Enterprise Estonia and new jobs created during 2019–2023 cumulatively 1.5 billion euros and 5,000 new jobs
Added value per employee of investments brought to Estonia with the help of Enterprise Estonia during the final year 75,000 euros
Export sales revenue of tourism services during the final year 2.6 billion euros
Added value of tourism companies services by Enterprise Estonia during the final year 138 million euros
Number of overnight stays by Asian tourists during the final year 540,000 overnight stays
Number of international conferences during the final year 100 conferences
1We have used the World Economic Forum analysis where Estonia came to be on the 29th place in 2017, as the scoreboard for international competitiveness.
Following Estonia’s accession to the EU, EAS became one of the agencies implementing EU structural funds in Estonia. During the 2007-2013 EU financing period, EUR 784 million (EEK 12 billion) of the more than EUR 3.4 billion (EEK 53 billion) of structural aid to Estonia has been implemented by Enterprise Estonia. In EU’s new, 2014-2020 funding period, the budget for Structural Funds is 3.5 billion euros, of which 588.1 million is to be implemented by Enterprise Estonia.
Our long-term measurable objective
Estonia will be among top twenty countries in the world competitiveness scoreboard by 20201.
Organization
Total number of employees is approx. 266.
The budget for 2019 is 81.3 million euros.
A network in each county of Estonia: a regional representation office in Tartu and Pärnu, along with nearby cooperation partners, regional development centres and tourist information centres.
Foreign representative offices in Helsinki, Stockholm, Oslo, Copenhagen, Hamburg, Amsterdam, London, Paris, Kiev, Astana, Dubai, New Delhi, Beijing, Tokyo, Singapore and Silicon Valley.
We value
Acting wisely
We are experienced and operate in a transparent manner.
Keywords: responsibility, quality, accuracy, competence, reliability, thoughtful action, finding straight-forward solutions to complex issues.
Creating innovation
We encourage and propose new initiatives and fresh ideas.
Keywords: originality, innovativeness, creativity, taking initiative, leadership, new ideas and activities.
Result-orientedness
We focus on activities that create higher value.
Keywords: conscious, value-raising, targeted.
Cooperating with you
We operate in a joint manner and we are more successful together.
Keywords: reliability, teamwork, focus on problem-solving, customer-orientation.
Strategy
Strategic Activity Plan of Enterprise Estonia for 2019-2023
Management
EAS is led by a 3-member Management Board and a Supervisory Board, consisting of the entrepreneurs and officials.
Additionally, advisory boards consisting of the best experts in each of the areas of Enterprise Estonia’s responsibilities give the organization advice and guidance in return for up to date information on future plans and opportunities.
Management Board:
Alo Ivask, Chairman of the Board
Sigrid Harjo, Member of the Board
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