Investment grant for small and medium-sized Ida-Viru enterprises
We support the diversification of the Ida-Viru economy
With the grant, we contribute to the growth competitiveness and added value of small and medium-sized enterprises in Ida-Viru County that create new jobs or maintain existing ones. We encourage companies to diversify their business practices.
The grant can be used to invest in product development, as well as in the development of processes related to the company’s product or service.
Due to the implementation of the measure’s budget, the acceptance of applications has been suspended.
Requests have been submitted in excess of the measure’s budget. We evaluate the submitted applications in the chronological order of their submission until the end of the budget funds.
As of 30.08.2024, applications for 6.14 million euros have been funded, and applications for over 9.7 million euros are pending.
Who is the main target of the grant?
Support may be requested by a company entered in the Estonian Business Register.
Support may not be requested by a company whose field of activity or project for which support is requested falls within the following areas of activity:
- agriculture, forestry and fishing
- wholesale and retail trade, excluding maintenance and repair of motor vehicles and motorcycles
- programming, consultancy and related activities
- financial and insurance activities
- legal and accounting activities
- activities of head offices and management consultancy activities
- advertising and market research activities
- rental and operating lease
- temporary employment agency activities
- organisation of gambling and betting activities
The applicant of the grant must be a small or medium-sized enterprise (SME).
What qualifies for a grant?
We support the creation of new enterprises or units, the development of new products or provision of new services, an increase in production capacity or the complete restructuring of an existing enterprise’s entire production process:
- the purchase of machinery and equipment and the intangible assets needed for their use
- the purchase of land and the construction of buildings and structures
- connection to the network or modification of an existing connection
- applying for the primary protection of intellectual property resulting from the development of a new product
- development of processes related to the enterprise’s product or service
- preparing an assessment of the ‘do no significant harm’ principle and climate proofing
- preparing the project
- designing
What will change in the company?
The company’s competitiveness will increase
The value added of a product or service will increase
New and maintained job positions in Ida-Viru County
Assistance for applicant
Read more about the terms and conditions in the grant regulation:
Other cross-cutting legislation and instructions for the period 2021-2027 (in Estonian)
Before submitting the application, ask questions and register for a preliminary consultation. Preliminary consultation has been completed, as significantly more project plans than the budget of the application round have been submitted for consultation.
Read more about applying grant in Estonian here
The application can be compiled and submitted in the online E-toetus environment
Grant can be applied only in Estonian language.