5. #startupestoniastartupestonia.ee
400+ startups, over 2300 jobs
Startups paid €20M in employment taxes
Raised over €315M in the last 10 years
(85% foreign funds)
Recent wins: Startup visa coming this fall
Estonian startup
scene in numbers
There is more than 400 startups, some estimations say between 500-700, in Estonia. For a nation of 1.3 million, this is undoubtedly impressive.
Altogether we can count 16 exits for Estonian startups, most notable ones are GrabCad, Modesat, Fitsme
Estonian startup ecosystem
Over 70 support organizations and programs in 9 different categories from legal to R&D, from marketing to higher education have been mapped in the startup ecosystem;
26 organizations and programs support new ideas and technologies from the ideation phase up until helping them to prepare for raising funding;
There are 17 organizations providing funding and financing for startups in Estonia, in seed and early stages.
Taotle e-residentsus
You can afford decent life here – come to Estonia!
Life quality in Estonia is high but at the same time the living costs are low – win-win