SmartCap announced an open call to fund managers for direct investments portfolio

Estonian Development Fund, SmartCap and European Investment Bank announced a call to find a private fund manager for the direct investment portfolio that includes 15 start-ups. The expression of interest must be submitted by October 3rd. The results of the call will be disclosed by the end of the year. European Investment Bank (EIB) was […]

Developing startup sales skills 2016-2018

Startup Estonia has opened a tender for “Developing startup sales skills 2016-2018” and potential partners are invited to participate with their proposals! The aim of the sales skills training programme is to bring world-class practical knowledge to Estonian startups, through which their knowledge in sales, marketing and entering to new foreign markets is improved. Developing sales skills […]

Startup Estonia partnership with startup events and business model trainings

Startup Estonia has announced partnership deals with startup event organizers to increase the quality of events and number of attendees in Estonian Startup ecosystem. Through this project we would like to see more startups and people interested in startups get a chance to participate in high quality events. The Evaluation Committee has chosen top 3 Events and […]

Startup Estonia is partnering with startup event organisers!

Startup Estonia would like to partner up with the members of the Estonian startup ecosystem through supporting startup events and training programs. Our aim is to increase the quality of events and number of attendees in already occurring events, but also help to kickstart any new great initiatives. We would like to see more startups […]

The Development Fund sends five Estonian sustainable technology experts to practice in European companies

The Development Fund has selected five capable experts of environmental solutions who are sent to take part of the practice program Pioneers into Practice in cooperation with Europe’s largest climate innovation promoter Climate-KIC. Europe’s largest climate innovation promoter Climate-KIC offers experts of the fields of education, entrepreneurship and research the opportunity to improve their skills […]

The Development Fund helps 20 Estonian startups to start sales

Starting today and until the 9th of May, 20 startups are taking part in a program with the objective to increase the international competitiveness of startups operating in Estonia, by teaching them the necessary sales and marketing skills. 20 startups from nearly 50 candidates were selected into the program, which is organized in Tallinn with […]

The startup institute of Estonian Development Fund grew into five startups with large potential.

Out of the twenty three potential entrepreneurs who started the program of Estonian Development Fund startup institute Founder Institute, five entrepreneurs have completed the program and begun activities with the company they created. All created companies have a high potential for international success. 23 potential entrepreneurs began their studies in the program in November. 5 […]

The Development Fund invites students to apply for the startup development program

 The Estonian Development Fund opened up applications for startup development program intended for students. The Estonian Development Fund opened up applications for startup development program intended for students. The program is completed in cooperation with the University of Tartu Idea Lab, Tallinn University of Technology, Estonian Business School and the startup FlowHow. Students in Bachelor’s […]

Estonia to be visited by the Director of Boston TechStars on 29th–30th January

Invited by the Estonian Development Fund, Semyon Dukach, Managing Director of one of the world’s most successful startup accelerators Boston TechStars is in Tallinn on 29th–30th January. The purpose of the visit is inspiring starting entrepreneurs, give feedback to their business ideas and have a competition to find entrepreneurs with large potential to continue developing […]

Estonian Development Fund supports 23 youngsters in studying at start-up institute

With the support of the Estonian Development Fund, 23 young people have been chosen from among almost a hundred candidates to study at a start-up institute at which classes began in Tallinn today. The institute’s mission is to act as a springboard for today’s workers, who could be the creators of new start-ups. 23 such […]

SmartCap, the investment arm of Estonian Development Fund, is looking for CEO/Fund Manager

The company is investing into early-stage innovative Estonian start-ups with high growth potential. We have 18 companies in our portfolio and 20 M EUR for new investments. The CEO/Fund Manager will be leader/part of the team of 4 investment professionals actively looking for new investment opportunities, growing the value of portfolio companies and helping them […]

EU looking for its best young technology companies

The European Commission is looking for Europe’s best startups in this year’s Tech All Stars competition. The lucky winners will have exclusive access to Europe’s most prestigious startup events and will pitch to the likes of Sir Richard Branson, Chad Hurley and Niklas Zennström. European Commission Vice President @NeelieKroesEU said “Part of businesses success is […]

Estonia’s Startup Wise Guys Launches BusinessTech B2B Accelerator

Estonia-based Startup Wise Guys launches a new B2B-focused accelerator called BusinessTech. The four-month bootcamp-styled program is open for startups from anywhere in the world. Specifically, the program is seeking B2B startups, citing areas such as payments, security, and the cloud — emphasising the opportunity to build a bridge between existing enterprises and the teams accepted […]

Invitation: Apply for Lean Startup Workshop

Estonian Development Fund is looking for 5 Estonian startup teams (2 members from each team) who have the drive to learn about the lean-startup process. If you have a great attitude towards hands-on learning and want to expand your knowledge whilst having an awesome time then APPLY NOW! The workshop takes place on 5th – 6th […]

Startup Wise Guys Alumni Pass €1M Funding Milestone as New Teams Arrive

Estonia-based accelerator program Startup Wise Guys welcomed its third batch of young tech startups this week. Eight teams from seven countries will enter a grueling three-month program that includes more than 80 local and international mentors and will end with coveted demo days in Tallinn and London. The week’s new arrivals are in good company. […]

Development Fund analysis: how to increase research-intensive entrepreneurship in Estonia

Today, Estonian Development Fund published the second part of their smart specialisation analysis, focusing on practical advice and measures to overcome the bottlenecks that are slowing down innovation in Estonia. The analysis was commissioned by the Ministry of Economic Affairs and Communications and the Ministry of Education and Research, which plan to invest close to […]

DELFI: Ville Jehe appointed member of the supervisory board of Development Fund

The Estonian Parliament has appointed Ville Jehe as a new member of the supervisory board of the Estonian Development Fund. Parliament approved the decision “Appointing a member of the Estonian Development Fund supervisory board” (420 OE), moved by the economy commission, with 77 votes (1 against, 1 neutral). As the mandate of board member Raivo […]

Development Fund located at a new address

From 6 May, Estonian Development Fund is located in a new premises in the Rotermanni quarter. You can find us in the rust-coloured house on the square, on the 3rd floor of Rotermanni 8. The house entrance is on the Ahtri street side (in the direction of the sea).

E24: Development Fund to start financing startups through investment funds

The Supervisory Board of the Estonian Development Fund approved the management board’s proposal to restructure the fund’s investment activities, moving from direct investments to investing into funds that raise private equity. Chairman of the Supervisory Board of Development Fund, Alar Karis, said this is a strategic shift that allows for better usage of investment capital […]

Ärileht: Fits.me raised 5.5 million euros of investments

The virtual fitting room provider Fits.me has closed a new round of investments, raising a total of 5.5 million euros. The Fits.me virtual fitting room is developed and marketed on the basis of the Software as a Service (SaaS) model. The service is designed for online clothing shops, helping them to reduce the number of […]