Funding
Find the funding you need and put your business plans into action!
The financing methods we help with
Loans
We offer different types of loans to finance activities aimed at increasing the development and competitiveness of your business or to help you expand into foreign markets.
Loan guarantee
A loan guarantee is helpful if you want to use a bank loan, lease or bank guarantee but lack sufficient collateral or business history to qualify.
Grants
We'll give you information and advice on how to find the grant you need to develop your business, whether it's to grow your business, develop products or expand into new markets.
Where else can you get support?
EstFund
EstFund is a fund of funds established in cooperation with the European Investment Fund (EIF), the EIS and the Ministry of Economic Affairs and Communications of the Republic of Estonia (MoEIC). EstFund is financed by the European Regional Development Fund from the Operational Programme for Cohesion Policy funding 2014-2020 with €48 million , with the EIF investing €12 million of its own managed capital. In total, €60 million will be invested from the EstFund , plus nearly €40 million from private investors .
EstFund consists of the following funds:
- Tera Ventures Fund II focuses on venture capital investments in innovative early stage companies.
- Equity United PE I provides expansion capital to companies with high growth potential that aim to increase their product range or enter new markets. Before investing in companies, the fund’s managers also raise additional capital from private investors.
- United Angels Co-Investment Fund I actively co-invests with private investors in early-stage Estonian companies.
Find more information HERE.
Venture capital funds
Superangel
Superangel invests in technology startups. The investment will be up to €1.5 million per company, but the initial investment of the fund will be in the range of €50, 000 – €200, 000.
Find more information here: https://www.superangel.io/
Karma Ventures
Karma Ventures invests in technology startups. The investments are up to €3 million per company, plus possible follow-on investments.
Find more information here: http://www.karma.vc/
BaltCap
The BaltCap Growth Fund invests in small and medium-sized companies that want to launch new products and services, expand through acquisitions and takeovers or grow to become market leaders in the region. Investments range from €0.5 million to €3 million per company.
BaltCap Private Equity Fund II invests in companies mainly through majority buy-outs. The size of the investments ranges from €5 million to €15 million per company.
Find more information here: http://www.baltcap.com/
BPM Capital
BPM Capital provides mezzanine financing for business expansion, buy-outs and capital restructuring. This financing is a suitable alternative for entrepreneurs who wish to maintain (or acquire) a majority stake in the share capital and control the management of a company. Investments range from €2 million to €10.5 million per company.
Find more information here: http://www.bpmcapital.eu/
Livonia Partners
Livonia Partners invests in industrial and service companies mainly through majority buy-outs. Investments range from €3 million to €15 million per company.
Find more information here: https://www.livoniapartners.com/
PRIA provides support in the areas of agriculture and forestry, animals and fisheries, rural development and related business development.
The Rural Development Foundation supports and revitalises rural entrepreneurship in Estonia by creating better access to capital and increasing the competitiveness of rural businesses.
The Environmental Investment Centre is a key funder of environmental projects, finding opportunities for cooperation and funding both in Estonia and internationally.
The Unemployment Insurance Fund supports starting businesses and creating regional jobs, helps to recruit interns and trainees and promotes the employment of people with special needs.