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.

Additional info on EAS

 

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.

 

Our long-term measurable objective

Estonia will be among top twenty countries in the world competitiveness scoreboard by 20201.

 

The objectives of EAS for 2014-2017

The export volume of EAS clients 3.5 billion euros
Added value created by EAS clients 2 billion euros
The expenditure volume of research and development of EAS clients 50 million euros
Foreign investments that have been brought to Estonia by means of EAS have created 2,000 new jobs and invested 250 million euros
The number of overnight stays of tourists from priority target markets will increase 7.5 percent

1We have used the World Economic Forum analysis where Estonia came to be on the 29th place in 2014, 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.

 

Organization

  • Total number of employees is approx. 300.
  • The budget for 2015 is 104.8 million euros.
  • A network in each county of Estonia: a regional representation office in Tartu, along with nearby cooperation partners, regional development centres and tourist information centres.
  • Foreign representative offices in Helsinki, Turku, Stockholm, Oslo, Hamburg, Frankfurt, Nuremberg, London, Copenhagen, Paris, Moscow, St. Petersburg, Rotterdam, Shanghai, Tokyo, Silicon Valley and California.
  • EAS is led by a Supervisory Board that includes top entrepreneurs, officials and members of the parliament, and by a 3-member Management Board. 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.

 

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

 

Facts and Figures 2015-2016

 

20

Our long-term goal is to help Estonia become one of the most competitive countries in the world.

Management

EAS is lead 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
  • Indrek Kaju, Member of the Board

Chairman of the Supervisory Board:

  • Erki Mölder, Chairman of the Board of Unimed Kliinikud OÜ

Deputy Chairman of the Supervisory Board:

  • Viljar Lubi, Deputy Secretary General for Economic Development of Ministry of Economic Affairs and Communications

Members of the Supervisory Board:

  • Reena Säästla, Chief Legal Officer of Adven Eesti AS
  • Toomas Talts, shareholder of OÜ Codeborne
  • Anto Liivat, lecturer at the Department of Management of the Estonian Business School, partner at the refresher training company Intelligentne Group, member of the Social Democratic Party
  • Kaia Sarnet, Deputy Secretary General for Regional Affairs at the Ministry of Finance

X