Let’s celebrate high-flying Estonian companies!

What is the Entrepreneurship Award?

Organised by Estonian Business and Innovation Agency and the Confederation of Estonian Employers, the entrepreneurship competition with the longest history in Estonia is taking place for the 27th time this year. An Entrepreneurship Award is the highest national recognition for businesses!

The competition recognises Estonian companies that, despite challenges, have achieved success through ingenuity and consistent work. Let’s now put down our tools for a moment, take some time to recap what has been done and pay tribute to companies and their employees!


We encourage companies of all sizes to apply and to nominate others!

Applying and nominating

This year, applications will be divided into two phases. In the first, you need to fill in the fields about your enterprise’s financial data and present the main arguments in free form about why your enterprise should win in the category.

For the first time, it will also be possible to nominate a company by submitting the enterprise’s name and registration code information and outlining the main arguments for why the nominated enterprise should be the winner of the category.


After the first phase, a TOP 10 ranking will be drawn up and visitations will be arranged with the selected enterprises to specify their accomplishments according to the statute. On this basis, three nominees in each category will be shortlisted and submitted to the Entrepreneurship Awards 2022 jury to select the winner.


In addition to the Entrepreneurship Award, there is another competition taking place at the same time: the Estonian Companies’ Competitiveness Ranking competition by the Estonian Chamber of Commerce and Industry. The title of Company of the Year 2022 will be awarded to the best nominee of the two competitions.


Read more, why to apply and nominate.


Winners will be selected by experts who will evaluate the economic indicators, bigger achievements and contribution to the development of the society.

Exporter 2022

The objective is to reward Estonian companies who are solution-driven to grow Estonia’s exports.

Foreign Investor 2022

The objective is to reward foreign investors operating in Estonia.

Innovator 2021

The objective is to reward Estonian companies who have pioneered innovation and produced outstanding results to offer significant value to clients or society, and who are contributing a substantial part of their revenue to research, development or innovation.

Sustainable Enterprise 2022

The objective is to reward Estonian companies who focus on sustainable business practices and development. The sustainability principles are evaluated based on social, financial and environmental impacts.

Tourism Developer 2022

The objective is to reward enterprises that contribute to developing Estonian tourism by offering attractive tourist services or goods, adapt quickly to unexpected circumstances and enhance popularity of Estonia as a tourism destination.

Family Enterprise 2022

The objective is to reward family-run enterprises that have made a sustainable contribution to the economy, social progress and the development of an entrepreneurial mindset among young people in Estonia.