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A wide range of grants and consultation services are offered to help you develop and expand your business activity in Estonia, covering different fields and target groups. The selection below is a short overview focused on foreign investors. For more detailed information, please use our e-consulting service.
Maximum grant: 20,000,000 EUR
Grant rate: self-financing at least 85%
Grant purpose: 2025-2028 Estonia will allocate 160 million EUR to support large-scale investments. This incentive will offer support for projects that enhance the competitiveness, export capacity and added value of businesses.
A company registered in the Estonian Commercial Register may apply for the grant if it plans to invest at least 100 million EUR in fixed assets and create at least 30 new jobs offering salaries at or above the sector average.
Read more here.
A wide range of grants and consultation services are offered by Invest Estonia’s mother organization Enterprise Estonia to help you develop and expand your business activities in Estonia, covering different fields and target groups. The selection below is a short overview focused on foreign investors. For more detailed information, please use our e-consulting service.
Maximum grant: 300,000 EUR
Grant rate: self-financing 40% – 60%
Grant purpose: Eurostars is an activity under the European Partnership on Innovative SMEs within the European Horizon partnership. Within the Eurostars framework, international product development projects that have received a positive evaluation from the international innovation cooperation network Eureka, will be supported. For small and medium-sized enterprises wishing to carry out a product development project with at least one partner from a Eurostars country.
Projects that receive a positive funding decision are financed by the home countries of the respective project partners.
Maximum grant: up to 3,000,000 EUR
Grant rate: self-financing at least 85%
Grant purpose: for industrial companies with 50M+ EUR turnover to start new manufacturing operations or expand manufacturing operations with new product lines.
Expected result: At least 6,7M EUR investment (including the grant) is made within a 36-month project period.
Maximum grant: up to 500,000 EUR for a development project
Total grant amount: 22,968,000 EUR
Grant purpose: The company development programme supports the implementation of the company’s long-term strategic development plan, enhancing its international competitiveness.
Requirements: Before applying, a mandatory preliminary consultation must be completed.
Grant amount: up to 500,000 EUR
Total grant amount: 20,000,000 EUR
Grant purpose: R&D support for companies aiming to develop and launch new products or services.
Grant rate: self-financing at least 55%
Expected result: increase the annual sales revenue and added value per employee.
The applicant’s average sales revenue for the last two financial years is at least 200,000 EUR.
Before applying, a mandatory preliminary consultation must be completed.
A range of grants is offered by institutions other than Invest Estonia’s mother organization Enterprise Estonia. Here are some grants that may be helpful to expand your business activity in Estonia.
The aim of the support is to foster the transition from entrepreneurship based on the linear model to the circular entrepreneurship model via new production and consumption models. As a result of the grant, there are more companies in Estonia that consider the principles of the circular economy, and the number of companies implementing voluntary environmental management solutions has increased.
The budget of the round is 2 million EUR of which at least 800,000 euros will be directed to projects outside the Tallinn and Tartu regions.
The aim of the grant is to increase the recycling and preparation of waste generated in Estonia in order to protect the environment. What is eligible for the grant? Waste collected separately for recycling. Also, activities related to preparations for recycling, but only if the activity is followed by the recycling of waste and this is demonstrable.
The budget of the round is 14 million EUR, of which at least 5.6 million euros will be directed to projects outside Tallinn and Tartu regions.
The EU Innovation Fund is a pan-European fund that aims to boost the development and introduction of new and innovative low-carbon technologies.
Focus of the Innovation Fund:
+ Production and use of renewable energy
+ The capturing, storage and disposal of carbon
+ Energy-intensive industry, including replacement of carbon-intensive products
+ Energy storage, including energy storage solutions for industry
Maximum grants: small companies 2.5M – 20M EUR; medium-sized companies 20M – 100M EUR and major projects 100M+ EUR.
Here are some useful links regarding incentives:
You are also welcome to send us an enquiry for more specific information.
What is it like to run a business in Estonia? How to benefit from the e-solutions and the efficiency of our business culture? What are the opportunities in specific sectors? Who to partner up with?
The Estonian Investment Agency’s team is happy to help you via its complimentary e-Consulting service, organize online or offline follow-up events such as virtual investment visits and guide you through the fairly simple process of investing in Estonia.
