To acknowledge companies that successfully boost Estonian exports.
Estonian companies exporting own-brand products or services are invited to apply.
The following financial indicators are taken into account (comprising 45% of the final result):
*Additional value = (personnel costs including taxes + asset depreciation + business profit) / number of employees
The company must show a significant achievement in at least one of the following areas (comprising 55% of the final result):
**Research and development (including experimental development) includes systematic creative activities designed to increase the scope of knowledge and the ability to use such knowledge to uncover new fields of technology. Activities can be classified as research and development if they fulfil five basic criteria:
For research and development, all five criteria should be simultaneously fulfilled at least theoretically whether it is a constant or intermittent activity.
The financial results of the enterprise and the answers to open questions will be marked for each criterion separately and the ranking will be prepared based on all weightings. Based on the ranking, the 10 best enterprises in each category are selected; Enterprise Estonia will visit these enterprises and conduct interviews, based on which three nominees will be selected. The nominees will be forwarded to the Entrepreneurship Award 2021 jury for selection.