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Estonia reopens large-scale investment grant with increased flexibility

On November 10, Enterprise Estonia is reopening the large-scale investment grant, intended to boost projects with an investment volume of more than 100 million euros.

More about the grant and how to apply here.

The first beneficiaries of the large-scale investment grant, launched earlier in 2025 in cooperation with the Ministry of Economic Affairs and Communications, were announced in September. Three projects with a total volume of nearly 400 million euros received a combined 44 million euros in state support.

As of November 10, companies looking to make significant investments can apply on a rolling basis instead of adhering to a strict application deadline once they have reached the necessary phase with their project.

According to Minister of Economy and Industry Erkki Keldo, a more flexible application process better meets the needs of investors. “If a company plans to invest at least 100 million euros in Estonia and create new well-paid jobs here, it will be able to apply for the necessary support immediately. This gives us the opportunity to respond to the plans of large investors in real time, not once a year, and shows that Estonia is ready to act quickly to attract projects with high added value here,” said Keldo.

According to Sigrid Harjo, Enterprise Estonia board member, the measure has been well received by entrepreneurs. “When communicating with investors, we see that this 10 or 15 per cent support can, in some cases, become an important argument that gives the company the confidence to make an investment in Estonia instead of some other country,” said Harjo.

The measure aims to encourage investments of at least 100 million euros in Estonia by both local entrepreneurs and foreign investors. The total volume of the measure over four years is 160 million euros, of which the support for one investment is 10 per cent in Harju County, and 15 per cent in other counties of the project volume, or a maximum of 20 million euros. Each investment receiving support must create at least 30 new jobs. The support will be paid to the company only after the investment has been made. Applications will close once the budget funds are exhausted.

Preliminary consultation — aimed to help the companies, — have been open since late October and now, starting from 10 November, the companies can once again submit their applications.

More about the grant and how to apply here.

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