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<title>Estonian Development Fund - News</title>
<link>http://www.arengufond.ee/news</link>
<language>en-uk</language>
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<title>Development Fund steps in with investment in earlier phase than before</title>
<description>01.09.2010 - Development Fund invests in emerging enterprises Sportlyzer and Inner Circle in total 3 million EEK (Estonian kroon).  
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<link>http://www.arengufond.ee/eng/news/investment/news1758/</link>
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<title>With information technology support towards pupil-centered school</title>
<description>30.08.2010 - The report on usage of ICT in education, presented today by the Development Fund, presents a road map enabling Estonia to reform education system from class-centered into pupil-centered style. To get the change moving on one hand the leader must be found both in state and in schools and on the other hand the initiatives coming from teachers and pupils must be supported.</description>
<link>http://www.arengufond.ee/eng/news/foresight/news1753/</link>
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<title>Fits.me – robot-helper for online shoppers</title>
<description>03.08.2010 - Estonian Fits.me robotic torso ready to help men to shop for clothes online.   </description>
<link>http://www.arengufond.ee/eng/news/investment/news1719/</link>
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<title>GrabCAD  secured funding for it’s open source 3D library and CAD marketplace.</title>
<description>03.08.2010 - GrabCAD got 256K from Estonian Development Fund and AsterBaltic for creating 3D library for engineers to share models and marketplace for trading them.</description>
<link>http://www.arengufond.ee/eng/news/investment/news1720/</link>
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<title>Itella bought the sucessfully launched network  of SmartPOST, a portfolio enterprise of Development Fund </title>
<description>09.07.2010 - The sale of SmartPOST's Estonian network helps the advance of the technology of parcel terminals to abroad. </description>
<link>http://www.arengufond.ee/eng/news/investment/news1718/</link>
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<title>Ott Pärna: Estonia 2018 - Globally Competitive, Locally Attractive</title>
<description>14.06.2010 - With the economic crisis today we face questions - to where from here, and how? A vision of a country is not just an adjective or sentence describing the future that anyone could shout out in their sleep. It is more of an inspiring and meaningful picture of the future, widely felt in the society. </description>
<link>http://www.arengufond.ee/eng/news/media/news1706/</link>
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<title>Fits.me in FT.com: Small country, big on enterprise</title>
<description>22.05.2010 - About portfolio company Massi Miliano co-founder Heikki Haldre:  He Like all Estonians, he understands that small is beautiful . . . and leverage is everything.</description>
<link>http://www.arengufond.ee/eng/news/investment/news1688/</link>
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<title>HEI cover story: Future scenarios put color around the data</title>
<description>11.05.2010 - HEI May 2010: Nick Turner, CEO of consulting company Global Business Network that is helping the Estonian Development Fund to compile the Estonian Growth Vision, talked to HEI, how and why should you look into future.</description>
<link>http://www.arengufond.ee/eng/news/media/news1685/</link>
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<title>Mikko Kosonen: Finland is being threatened by Greek’s fate in five years</title>
<description>08.05.2010 - Interview with the President of the Finnish Innovation Fund SITRA about growth possibilities of Finland and SITRAs search for the Wellsprings of Finnish Vitality.</description>
<link>http://www.arengufond.ee/eng/news/media/news1696/</link>
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<title>Garage48 - Don´t talk, just execute</title>
<description>21.04.2010 - The event, which took place at Estonian IT College last weekend, involved 100 developers with varying startup experience.</description>
<link>http://www.arengufond.ee/eng/news/investment/news1643/</link>
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<title>Ott Pärna: X - VIEW: Making Estonia the most user-friendly Internet country</title>
<description>17.12.2009 - The CEO of Estonian Development Fund, Ott Pärna,made a proposal to make Estonia the world's  most user-friendly Internet country.</description>
<link>http://www.arengufond.ee/eng/about/team/personal/ideas/news1714/</link>
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<title>Let's Break the European Paradox With von Baer University</title>
<description>13.11.2009 - </description>
<link>http://www.arengufond.ee/eng/about/team/personal/ideas/news1705/</link>
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<title>Rolling Estonians Return</title>
<description>06.10.2009 - Ott Pärna, CEO: In order to move forward, we need a Big Plan. Let's make it together!</description>
<link>http://www.arengufond.ee/eng/news/foresight/news1498/</link>
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<title>Postimees: Enjoy school, Lola!</title>
<description>01.09.2009 - </description>
<link>http://www.arengufond.ee/eng/about/team/personal/ideas/news1709/</link>
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<title>Cooperation agreement </title>
<description>Four university rectors, the Estonian Association of Information Technology and Telecommunications and the Estonian Development Fund in the cooperation agreement &quot;Estonian IT academy&quot;. </description>
<link>http://www.arengufond.ee/eng/news/foresight/news1468/</link>
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<title>Vitsur: We overdramatize euro</title>
<description>25.08.2009 - So far it’s not even known whether we met Maastricht criteria last year, not mentioning this year, Heido Vitsur, an economy expert at the Estonian Development Fund told ERR News.</description>
<link>http://www.arengufond.ee/eng/news/foresight/news1456/</link>
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<title>Fortumo enters Spain, France and Portugal</title>
<description>13.08.2009 - TigerBriefs: Estonian start-up Fortumo, that offers possibilities to create your own mobile service in 5 minutes and earn money with it, is expanding rapidly.</description>
<link>http://www.arengufond.ee/eng/news/media/news1440/</link>
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<title>Raintree faced bad luck with Schwarzennegger, new big chance ahead with Obama (VIDEO)</title>
<description>12.08.2009 - Estonian e-health software developer Raintree is anticipating what will be the outcome of Barack Obama’s plan to invest 17 billion dollars into electronic health information technology and records under the American Recovery and Reinvestment Act.</description>
<link>http://www.arengufond.ee/eng/news/media/news1437/</link>
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<title>iCom TV opened TV channel in Swedbank</title>
<description>12.08.2009 - TigerBriefs: Estonian start-up iComTV has launched it’s next Out-Of-Home (OOH) Media solution – iN-Store TV.</description>
<link>http://www.arengufond.ee/eng/news/media/news1439/</link>
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<title>Morningstar launches website for investors in Estonia</title>
<description>11.08.2009 - Morningstar, Inc. aprovider of independent investment research, today launched a new Web site to bring free investment funddata and analysis to investors in Estonia, the company announced.</description>
<link>http://www.arengufond.ee/eng/news/media/news1436/</link>
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<title>Smartdust puts smartness into sensor nets, says the business is growing</title>
<description>10.08.2009 - Last week I talk to the founders of Smartdust Solutions - an Estonian technology company that specializes in wireless sensor networks.</description>
<link>http://www.arengufond.ee/eng/news/media/news1435/</link>
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<title>Edicy Turns One And Celebrates With 85k Sites</title>
<description>10.08.2009 - Edicy, the Estonian startup that enables people to create their own websites without knowing any technical issues affiliated with website design. </description>
<link>http://www.arengufond.ee/eng/news/media/news1442/</link>
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<title>Start-up subsidies for new enterprises in Estonia to be increased to 100 thsd kroons</title>
<description>The minister of economic affairs and communications of Estonia Juhan Parts signed the regulation that will increase the amount paid as subsidies for start-up and growing enterprises, expending the range of activities to be supported and expenses eligible for aid and will decrease the amount of own financing required, writes Postimees Online/LETA.
</description>
<link>http://www.arengufond.ee/eng/news/media/news1420/</link>
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<title>Why did they appeal to Estonian Development Fund for a VC investment?</title>
<description>04.08.2009 - Why have companies choose the Estonian Development Fund for a VC investment?</description>
<link>http://www.arengufond.ee/eng/news/media/news1423/</link>
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<title>Mangaforme.com draws a Japanese cartoon star of you</title>
<description>03.08.2009 - Not too long ago I wrote a post about an entertaining Estonian start-up called Pledgehammer.com. Now there’s another amusing project called Mangaforme.com.</description>
<link>http://www.arengufond.ee/eng/news/media/news1422/</link>
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<title>Enterprise Estonia supports technology investments with EUR 20 mln</title>
<description>23.07.2009 - The Enterprise Estonia Foundation gave 315 million kroons (EUR 20 mln) support to technology investments of 39 industrial companies.</description>
<link>http://www.arengufond.ee/eng/news/media/news1438/</link>
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<title>Enterprise Estonia invested 2.5 bln kroons into new projects in six months</title>
<description>20.07.2009 - In the first half of 2009, the foundation Enterprise Estonia has supported new products for a total of 2.54 billion kroons, writes Äripäev.ee/LETA.</description>
<link>http://www.arengufond.ee/eng/news/media/news1418/</link>
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<title>From a Baltic Point of View</title>
<description>15.07.2009 - When Kitty Kubo first heard about the Baltic Sea Strategy, she was sceptical as to its value.
</description>
<link>http://www.arengufond.ee/eng/news/foresight/news1455/</link>
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<title>European Commission approved of Estonia’s State aid plan of 500 thsd euros</title>
<description>14.07.2009 - The European Commission approved of the plan of Estonia to temporarily grant aid of up to 500,000 euros for supporting the economy, writes Postimees Online/LETA.</description>
<link>http://www.arengufond.ee/eng/news/media/news1400/</link>
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<title>No debt Estonia will bounce faster, says Oxford</title>
<description>13.07.2009 - Estonia should be a prime focus for emerging market investors for 2009, says Hadley Barrett, CEO of Oxford Sustainable Group.</description>
<link>http://www.arengufond.ee/eng/news/media/news1399/</link>
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<title>Estonian investors more active in Latvia and Lithuania than ever before</title>
<description>06.07.2009 - The number of Estonian investors, who have invested to Riga and Vilnius stock exchange increased to history’s highest level, it appears from the statistics of Estonian central register of securities (CSD), aripaev.ee reports.</description>
<link>http://www.arengufond.ee/eng/news/media/news1322/</link>
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<title>Institute of Economic Research: Estonia will overcome the crisis</title>
<description>06.07.2009 - Experts polled by the Estonian Institute of Economic Research estimated that the economy has well adjusted to the crisis and that gives hope that the country will soon be able to overcome the most difficult state, writes the National Broadcasting/LETA.</description>
<link>http://www.arengufond.ee/eng/news/media/news1323/</link>
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<title>Survey: New jobs to come to IT-sector in the near future</title>
<description>06.07.2009 - In the next three months new jobs will be established in the IT-sector, also summer jobs in the restaurants and hotels, it appeared from the survey conducted among entrepreneurs by the Estonian Institute of Economic Research (EKI), E24.ee reports.</description>
<link>http://www.arengufond.ee/eng/news/media/news1329/</link>
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<title>Estonian enterprises plan to invest 400 mln kroons into product development</title>
<description>02.07.2009 - Since June 2008 when the foundation Enterprise Estonia launched its product development programme, enterprises are planning to use it to invest more than 400 million kroons, writes Äripäev.ee/LETA.</description>
<link>http://www.arengufond.ee/eng/news/media/news1320/</link>
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<title>The Estonian Development Fund Supervisory Board elected businessman Raivo Vare as its new head</title>
<description>01.07.2009 - On 1 July at the Development Fund Supervisory Board meeting the Fund's Supervisory Board members elected Raivo Vare to be Chairman.</description>
<link>http://www.arengufond.ee/eng/news/press/news1319/</link>
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<title>18 ideas to save Estonia from the economic crisis</title>
<description>25.06.2009 - Experts offer 18 ideas to save Estonia from the economic crisis, Eesti Ekspress writes.</description>
<link>http://www.arengufond.ee/eng/news/media/news1310/</link>
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<title>Estonia’s Ligi Says ‘Bottom Is Near’ for Recession</title>
<description>19.06.2009 - Estonia's recession is bottoming out and the economy should contract in the third quarter less than in the previous two quarters, Finance Minister Jurgen Ligi said.</description>
<link>http://www.arengufond.ee/eng/news/media/news1308/</link>
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<title>The white paper was delivered to the Riigikogu</title>
<description>19.06.2009 - The continual main concern in the Estonian economy: structural weaknesses - the euro, budget cuts and global market optimism are no cure. Estonia should also be ready for the case if the transition to the euro will not be possible at the ideally hoped time: we have to make ready a &quot;plan B&quot;, which should be the crisis package.
</description>
<link>http://www.arengufond.ee/eng/news/foresight/news1316/</link>
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<title>Estonia climbs to 24th in e-readiness index</title>
<description>18.06.2009 - Estonia placed 24th, up four places, in the e-readiness index of The Economis and IBM that covered 70 countries, writes Äripäev.</description>
<link>http://www.arengufond.ee/eng/news/media/news1305/</link>
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<title>Estonian businesses seek new strategies</title>
<description>18.06.2009 - In an environment where cutting staff - or at least their wages - is the norm, it can be good to look at other strategies that are being employed to survive the crisis and prosper in 2009 and beyond.</description>
<link>http://www.arengufond.ee/eng/news/media/news1306/</link>
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<title>Estonian to become deputy head of Directorate-General of Enlargement</title>
<description>17.06.2009 - The European Commission decided today to appoint Henrik Hololei, current head of office of vice president Siim Kallas, to deputy head of DG Enlargement, writes Eesti Päevaleht.</description>
<link>http://www.arengufond.ee/eng/news/media/news1296/</link>
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<title>Information and communications technologies sector gave 5% of the net sales of the business sector</title>
<description>17.06.2009 - According to Statistics Estonia, in the 1st quarter of 2009, 1,700 enterprises operated in the information and communications technologies (ICT) sector, which gave 5% of the net sales of the business sector.</description>
<link>http://www.arengufond.ee/eng/news/media/news1297/</link>
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<title>Economy on power consumption – plain and simple</title>
<description>17.06.2009 - An appliance for monitoring power consumption, Wattson, together with its software counterpart Holmes are measuring, recording and graphically displaying four-week power consumption. The appliance is unique and now available also in Estonia.</description>
<link>http://www.arengufond.ee/eng/news/media/news1298/</link>
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<title>Estonians rebuild vehicles for oil sheiks</title>
<description>17.06.2009 - Ambulances built in Estonia can also be seen on the roads of Kuwait, Iraq and Saudi Arabia. By delivering a better quality, the biggest Estonian vehicle rebuilding company OÜ Profile Vehicles Baltic is giving a tough competition to American cars in the Persian Gulf states.</description>
<link>http://www.arengufond.ee/eng/news/media/news1299/</link>
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<title>Mysterious Estonian company is developing modern “bugs“</title>
<description>17.06.2009 - Borthwick-Pignon Solutions, a mysterious Estonian technology company develops high tech &quot;bugs&quot;, i.e. surveillance devices. However, very few know of it because the company avoids publicity.</description>
<link>http://www.arengufond.ee/eng/news/media/news1300/</link>
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<title>Crane builder</title>
<description>17.06.2009 - There was no crane-building here in Soviet times, or maybe there was some in the military plant Dvigatel. Cranes were ordered from other parts of the Soviet Union and it could take a year before it was delivered.</description>
<link>http://www.arengufond.ee/eng/news/media/news1301/</link>
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<title>The Development Fund innovation laboritory innoLab  is charging its batteries</title>
<description>17.06.2009 - We would like to let our innoLab friends know that the 18th of June was the last innoLab for this season. We will open our doors again for Thursday evening discussions on the 3rd of September.</description>
<link>http://www.arengufond.ee/eng/news/foresight/news1309/</link>
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<title>The OECD expert group will visit Statistics Estonia</title>
<description>16.06.2009 - From 16–18 June 2009 the expert group of the Organisation for Economic Co-operation and Development (OECD) will be visiting Statistics Estonia in order to elaborate the report estimating the ability of Estonia to meet the statistical requirements for joining the OECD.</description>
<link>http://www.arengufond.ee/eng/news/media/news1293/</link>
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<title>Venture capitalists choose Kristjan Kalda to be the head of the association</title>
<description>16.06.2009 - At its general meeting the EstVCA chose Kristjan Kalda from BaltCap as the head of the association</description>
<link>http://www.arengufond.ee/eng/news/investment/news1294/</link>
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<title>Estonian current account in surplus</title>
<description>15.06.2009 - Estonia had a current-account surplus for the third month in April as a deepening recession slashed imports more than exports, Bloomberg reports.</description>
<link>http://www.arengufond.ee/eng/news/media/news1287/</link>
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