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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. The pre-consultation is available from February 2025.
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: 2,490,000 EUR
Grant rate: self-financing 30%
Grant purpose: The business accelerator EIC Accelerator aims to provide venture capital to individual companies for developing and launching technology- and knowledge-intensive solutions to the market. The deadlines for full applications for 2025 are 11 March and 1 October (17:00 CET). Before the full application can be submitted, the company must obtain approval for the short application.
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: 2,000,000 EUR
Grant rate: self-financing 20% – 75%
Grant purpose: The programme for applied research supports the development of innovative products and allows you to grow your company’s income by developing new or significantly enhanced technologies, processes, products or services. The programme consists of advising companies and supporting applied research.
Requirements: The VIII application round for applied research is open from 21.01.2025 at 9:00 a.m. to 21.03.2025 at 4:00 p.m.
The project plan with its mandatory annexes (economic indicator table, budget, CV-s, balance sheet and income statement, proof of the ability to pay for the project costs, and partner’s information form) must be submitted for preliminary assessment by 21.02.2025 at 4:00 p.m.
Total grant amount: 56,000,000+ EUR
Budget split: Manufacturing and mining industry 46.5 MEUR, other sectors 10 MEUR
Maximum grant: 300,000 EUR
The aim is to support automation and the adoption of digital technologies and robots.
Requirements: for private legal entities registered in the Estonian business register, whose average sales revenue for the 2 financial years preceding the submission of the application, according to the annual reports submitted to the business register, must be at least 200,000 EUR in the applicant’s main field of activity in Estonia.
Expected result: the maximum project period is 18 months (not later than 31.12.2025). The company’s technological intensity, productivity, sustainability and international competitiveness increase.
Grant amount: green audit up to 10,000 EUR and road map development implementation up to 200,000 EUR.
Grant purpose: In order for “green” to become an integral part of business operations, an industrial entrepreneur can use an external consultant to find out the company’s current green capabilities and discover and implement effective ways to ensure the continuity of production with a focus on sustainable development.
Target group: Companies registered in the Estonian Business Register as industrial entrepreneurs (EMTAK B, C), with the exception of stone and lignite mining (section B, subsection 05), oil and natural gas production and activities supporting production (section B, subsection 06 and 091) and the manufacture of tobacco products (section C, subpart 12).
Grant rate: self-financing at least 30%
Implementation: This support is financed from the resources of the European Union’s NextGenerationEU recovery fund. Therefore, the recipient of the grant is obliged to inform the public about the use of the grant.
Passing preliminary counselling is not mandatory.
Grant amount: up to 500,000 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.
Passing preliminary counselling is not mandatory.
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.
