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The Estonian government and Enterprise Estonia have implemented an incentive for major investments to increase the competitiveness, export capacity, and added value of businesses operating in Estonia.
Select export-oriented investments starting from €100M are eligible for a reimbursement of up to 15% of their value.
The grant is available for investments of at least €100 million that increase the competitiveness, export capacity and added value of your business. The project should create at least 30 new jobs in Estonia, offering salaries at or above the sector average. Up to 15% of your investment (a maximum of €20M per project) will be reimbursed. Grant applications can be submitted starting in March 2025.
We have gathered a list of frequently asked questions to help you understand who and how can apply for the grant.
This grant is for companies registered in the Estonian Commercial Register. The state can’t own more than 49% of the applicant (or a company belonging to the same group as the applicant).
You will be reimbursed once your project is completed. First payments will be made in 2026 at the earliest.
The grant can be used for purchasing tangible fixed assets (the acquisition cost includes installation, transport and transport insurance), constructing and renovating a building, renting tangible fixed assets through a finance lease, and acquiring intangible assets.
The grant cannot be used for operational lease-type leasing instalments.
You can apply online through Enterprise Estonia. Before submitting a detailed project plan, we encourage you to contact your Investment Agency representative to discuss your idea, assess its eligibility, and outline the next steps.
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Robert LangDeputy Director of Global Business Development [email protected] +372 5621 5891 |
