Enterprise Development Programme

Target group: ambitious enterprises with the readiness to invest and desire to grow, develop and launch new products and services.

The enterprise development programme aims to support well-thought-out development, improved action planning, innovation implementation and product development. In the course of the development programme, each participating enterprise will launch new products and services, which are more profitable than their predecessors.

Various studies have shown that a majority of enterprises in Estonia do not have a strategy or development plan that would describe and help carry out the development of the enterprise. However, its absence places enterprises in a situation in which thy are managed at the operational level and there is no map designed to reach the destination. Studies concerning the innovative activities of enterprises show that product development remains in the background and the turnover received from new products and services is modest.

Total budget

73,000,000 (co-funded by the European Regional Development Fund)

Goal

Results


Terms and Conditions

  • Participation in the programme is open to industrial enterprises or companies of the smart specialisation field that have been operating for at least 3 years (as of date of registration) with a minimum of 8 employees and that have obtained first experiences in export or management of fast growth; these enterprises should also have:
    • clear ambitions and potential for growth
    • ability to bring new or significantly improved products or services to the market
  • Any options and resources offered for the preparation of the development plan are considered as de minimis aid awarded to the enterprise. You can check de minimis aid on the website of the Ministry of Finance
  • Once the EAS has approved a company’s development plan, the company has the right to apply for a grant in order to implement said plan; grant rates are as follows:
    • in the case of small enterprises, 45% of the development plan volume, and 35% for medium-sized enterprises.
    • 25% of the development plan volume in the case of large enterprises.
  • Read more about the conditions of granting support.

Activities that are supported

The enterprise development programme supports the enterprise in making and carrying out planning and management decisions. Together with the enterprise participating in the development programme, EAS finds the best solutions for carrying out changes in the enterprise and making a significant stride in development. At the heart of the programme is the enterprise’s multi-year development plan.

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.

For further information browse our frequently asked questions and slideshow.


Participation

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 info@eas.ee. We will get back to you within a week at the latest.


Information and support centre, +372 627 9700, info@eas.ee


 

The enterprise development programme consists of three stages:

  • 1. stage – enterprise’s ambition and readiness for change

    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.

  • 2. stage – preparation and development of the development plan

    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.

  • 3. stage – implementation of the 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:

    • EAS services, for example, training, information and consultation services, support from export advisers on foreign markets, participation in foreign fairs, etc.;
    • development plan grant;
    • grants and services of the Environmental Investment Centre, KredEx, Archimedes, and other national agencies, for example:
      • energy and resource saving investment support of the Environmental Investment Centre;
      • KredEx loan and guarantee products;
      • applied research grant of Archimedes;
    • own resources;
    • private market funding options.
  • For the most ambitious – the development plan grant

    • The maximum size of the grant is 500,000 euros per enterprise.
    • The support can be used:
      • to develop staff, including employing new talents;
      • to develop processes;
      • to develop sales and marketing activities;
      • to develop a new or existing product/service;
      • to purchase equipment needed for manufacturing a new product (up to 200,000 euros).
    • Small enterprises can receive a grant that makes up 45% of the project cost.
    • Medium-sized enterprises can receive a grant that makes up 35% of the project cost.
    • Large enterprises can receive a grant that makes up 25% of the project cost.