In 2024, the Estonian government and Enterprise Estonia committed to implementing a new incentive for large-scale investments. Scheduled to run from 2025 to 2028 and with a total budget of €160 million, the measure aims to increase the competitiveness, export capacity, and added value of businesses operating in Estonia.
The Estonian Minister of Economic Affairs and Industry, Erkki Keldo, signed the measure in the first half of February. Applications, managed by Enterprise Estonia, are scheduled to open in March.
The scheme enables Estonia to reimburse investors for up to 15% of the value of a major investment.
To qualify for the measure, an investment must have a minimum value of €100 million and create at least 30 new jobs in Estonia offering salaries at or above the sector average.
The incentive will be paid out to investors post factum, with the earliest possible disbursement in 2026, up to €20 million per project.
The Estonian government estimates that roughly two projects will benefit from the measure annually, with an average investment of €200M per project.
Curious about the measure and whether your big plans qualify? Contact us at [email protected] to get more information from our investment consultants before applications officially open in March.
