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 Top 10 companies

AS Glamox
AS Matek
Bauroc AS
FLIR Systems Estonia OÜ
Baltic Workboats AS
OÜ Lasita Maja
„Horizon“ Tselluloosi ja Paberi Aktsiaselts
Solis BioDyne OÜ
Wolf Group OÜ

Foreign Investor Top 10 companies

FLIR Systems Estonia OÜ
Incap Electronics Estonia OÜ
Technopolis Ülemiste AS
Rapala Eesti AS
HANZA Mechanics Tartu AS

Innovator TOP 10 companies

Dynomax OÜ
Gelatex Technologies OÜ
Bercman Technologies AS
Bisly OÜ
Auve Tech OÜ
Solis BioDyne OÜ
Bikeep OÜ
Airobot OÜ
ElectroAir OÜ
Solarstone OÜ

Sustainable Enterprise Top 10 companies

Disaintekstiil OÜ
Estanc AS
Timbeco Woodhouse OÜ
Estiko-Plastar AS
Nordic Milk OÜ
Comodule OÜ
Foxway OÜ
Ergo Insurance SE
Solarstone OÜ
Tallinna Kontserdimaja AS

Tourism Developer Top 10 companies

Rummu Tuhamägi OÜ
HMP Hotellid OÜ
OÜ Lydia Hotell
LP Villa OÜ
Fotograafia Tallinn OÜ
OÜ Nordic Hotels
SA Teaduskeskus AHHAA
OKO restoranid OÜ
OÜ Fellini Kohvik
Bob W Technologies Estonia OÜ

Family Enterprise Top 10 companies

AS Matek
Nelico OÜ
MRPeasy OÜ
Ideal Baltic OÜ
Nurme Looduskosmeetika OÜ
AS Estiko Grupp
Vipex AS
Peetri Puit OÜ