News & events

Salutaguse Yeast Factory was on the brink of bankruptcy after Estonia regained its independence in the early 90’s and was sold for only one Estonian kroon (0.06 euros) to Canadian owners; however, the company has emerged as an innovative leader, improving its economic performance throughout the coronavirus pandemic as well as contributing to Estonian export, last year for €48M.

Estonia lives in a digital society. The state is almost invisible and 99% of public services are available online, from paying taxes to checking health records and prescriptions, to even voting in elections online. It gives Estonian residents a huge amount of time to found startups, invent new solutions, think green, build unicorns, and be happy.

On July 8-9, 2021, the 9th Estonia’s Friends International Meeting (EFIM) brought together the entrepreneurs, as well as political and cultural figures whose activities and advice have contributed to Estonia’s economic and cultural development.

The most startup-minded business festival – sTARTUp Day – will take place as a one-of-a-kind hybrid summer festival on August 25–27. For three days, Tartu and the National Museum of Estonia (ERM) will be buzzing with world-class experts, executives, entrepreneurs, and most importantly – startups and investors.

According to the results of the latest European Innovation Scoreboard, Estonia remains among strong innovators for third year in a row, but has made the biggest development leap in past seven years.

On June 17th, the online pitching event Unicorn59 brought together investors from around the world and Estonian startups looking to raise money in the next six months. During the event, participants heard the pitches of 7 innovative startups, among them, a socially inclusive car subscription service provider – Planet42.

Xolo is a dream that has come true for freelancers. Now you can focus on work without needing to trouble yourself with thoughts about invoicing, banking, expense reimbursement, even taxes or other legal matters.

Estonia ranked first in the EU and third globally in the recently published Global Cybersecurity Index 2020.