Kadi from Startup Estonia team put together a nice overview of EST startup scene, have a look and come back with questions ;)

1. Overview of the startup
scene in Estonia

2. #startupestoniastartupestonia.ee
400+ startups
Created 2300 new jobs
Startups paid €20M in employment taxes
(2015)
Raised over €315M in the last 10 years
(85% foreign funds)
Recent wins: Startup visa coming this fall
Estonian startup
scene in numbers

3. #startupestoniastartupestonia.ee
Investments
into Estonian
startups over
the last 10
years

4. #startupestoniastartupestonia.ee
#estonianmafia startups
Fintech:
Developer tools:
B2B:
Up-and-coming:

5. #startupestoniastartupestonia.ee
The importance of Skype

6. #startupestoniastartupestonia.ee
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.

8. #startupestoniastartupestonia.ee
Main governmental
initiative for supporting
startups in Estonia,
Startup Estonia, seeks
to supercharge the
Estonian startup
ecosystem to create
more international
success stories.

9. #startupestoniastartupestonia.ee
Estonia has
good and
collaborative
startup
ecosystem
Estonia has
1000 startups
Legislative
environment is
clear and gives
incentives for
startups &
investors
Funding is
accessible for
startups
Goals for 2020

10. #startupestoniastartupestonia.ee
1. Strong
Ecosystem
2. Smart
People
3. Smart
Money
4. Friendlier
Regulations
Actions

11. #startupestoniastartupestonia.ee
Some notable latest efforts of
Startup Estonia
Creating the Estonian Startup Database – https://startupestonia.ee/startups
Listing 10 great reasons to start in Estonia - http://startupestonia.ee/why-estonia
Successfully pushing for 2 important regulative changes:
• Making changes in the Foreigners Act – implementing Startup Visa / living
permit for working or conducting business in Estonia;
• Making changes in the Business Law – no need to open securities account being
physically in Estonia.

12. #startupestoniastartupestonia.ee
http://startupestonia.ee/startups

13. #startupestoniastartupestonia.ee

14. #startupestoniastartupestonia.ee
Keep and eye on the Estonian startups
• Follow Startup Estonia on Facebook and Twitter
• Sign up for Startup Estonia’s monthly newsletter on their webpage or
Facebook
• Check out the the Estonian Startup Database
• Visit the Estonian booth at Web Summit 2016 in Lisbon, Portugal or Slush
2016 in Helsinki, Finland

15. #startupestoniastartupestonia.ee
Mari Vavulski
mari@startupestonia.ee
+372 5326 8116