EEK 680m support to Estonian industry

Enterprise Estonia has, together with the European Regional Development Fund, provided EEK 680m to support industrial enterprises in Estonia with technology investments. The timeframe of allocations is from 2008 to 2013, and EEK 110m will be assigned in the first round this autumn.

The aim of the fund is to promote investments that will help increase productivity and export potential of industrial enterprises in the country. Applicants must be registered with the Estonian commercial register, and the minimum cost of projects is EEK 1m, or EEK 2m for joint applicants. The companies can apply for compensation of 20% of eligible cost, or up to 40% in the case of small and medium-sized companies.

Enterprise Estonia was founded in 2000 by the Ministry of Economic Affairs. It works to promote entrepreneurship and the competitiveness of Estonian businesses.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Industry
• Nordics
• Industrials