Participation in the programme is not limited to applying for and receiving financial aid, we are also focused on determining the enterprise’s strategic views and compiling a long-term plan. We approach each enterprise individually. We can help in the implementation stage of the development plan by providing any services from our wide selection and combining them in accordance with the company’s needs.
Any participant can use the services of our personal client manager and mentor, who are knowledgeable of the company’s path , can open the necessary doors and find expert advice.
The enterprise development programme consists of three stages:
1. Identifying the enterprise’s ambition and readiness for change
2. Preparing the development plan
3. Implementing the development plan
The three stages of the programme have been explained in greater detail down below.
Ambitious enterprises with excellent growth prospects whose development plan has been approved by the EAS can apply for a grant to implement their development plans. But not until they complete the first stages of the application process. If you meet the aforementioned conditions, fill in our self-evaluation questionnaire and send it via email to email@example.com. We will get back to you within a week at the latest.
Information and support centre, +372 627 9700, firstname.lastname@example.org
For further information browse our frequently asked questions and slideshow.
Read the overview of smart specialization or learn more about the topic on the homepage of the Estonian Development Fund.
In order to determine ambition and prerequisites for growth, EAS carries out a mapping of the enterprise’s current status.
During the process of mapping it is asked what the enterprise wants to achieve, what is the will of the owners, and how clearly the managers and employees understand the objectives. Various processes of the enterprise are reviewed: production, development activities, sales, finances, staff, etc.
At the end of the stage, the customer manager draws up a written report that gives an overview of the current situation of the enterprise. It is jointly decided whether the enterprise is ready to move on to the preparation stage of the development plan, or is it more suitable for the enterprise to participate in other EAS programmes beforehand.
An enterprise that has successfully passed the first stage will move on to the development plan preparation stage. There it is provided with necessary training and consultation concerning the preparation of the development plan. In addition assistance of a customer manager, the enterprise can also use the support of an experienced mentor. The enterprise also has the opportunity to use various sector-specific diagnostics.
At the end of this stage, the multi-year development plan of the enterprise is drawn up, serving as a prerequisite to enter the next stage. The development plan includes the enterprise’s strategic objective, description of activities accompanied by expected results, budgets and funding sources of activities, deadlines, and logical relations between various activities.
EAS takes the following determinants into account when deciding whether or not to approve a development plan:
The enterprise implements its development plan in stages. Each stage has separate objectives and results. Before the beginning of a new stage, the success of the previous stage is assessed and the development plan is modified, if necessary. The EAS customer manager monitors the implementation of the development plan, and provide the enterprise with additional expertise or contacts and advises on current issues, if necessary.
In order to implement the development plan, the enterprise can use the following means:
Ambitious enterprises with great growth prospects whose development plans have been approved by the EAS can apply for a grant to implement their development plans.