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If you would like to order some of the services included in the membership plans separately or a service that is not mentioned in the plan, we can work out a customized solution that caters to your requirements!

 

Digital business

2990€ / year

  • Company formation
  • Payment account
  • Legal address / contact person for 1 year
  • Accounting for 1 year
  • Estonian e-Residency application support
  • Estonian digital nomad visa support
See details below

Social entrepreneur

3950€ / year

  • Everything in "Digital Business"
  • Sustainable planning roadmap guide
  • Funding opportunities for your enterprise
  • Join a global community
  • Guide for impact measurement tools
  • Help with accelerators, mentors, advisors
See details below

Greentech Startup

4950€ / year

  • Everything in “Digital Business”
  • Funding opportunities for your startup
  • Investors and crowdfunding
  • Incubators and accelerators
  • Business chambers and clusters
  • Estonian startup visa support
See details below

Digital Business

Who is it for?

The membership plan Digital Business can be for anyone who is looking to establish and conduct business using digital technologies.  This includes:

  • Freelancers and independent contractors: Digital business offers freelancers and independent contractors the opportunity to offer their services online and work remotely from anywhere in the world.
  • Entrepreneurs: Digital business offers entrepreneurs the opportunity to start and grow a business with a lower barrier to entry. Digital technologies can help entrepreneurs to reach new customers, automate processes, and reduce costs.
  • Small business owners: Small business owners can benefit from digital business by using online marketing to reach a wider audience, using cloud computing to store data and run applications, and using digital payment systems to manage transactions.

Common questions about this plan

  • Company formation: This service involves the process of establishing a company in Estonia, which includes registering the business and obtaining any necessary permits or licenses.
  • Payment account: This service involves opening a payment account, which is necessary to receive and make payments for business transactions.
  • Legal address / contact person for 1 year: This service provides a legal address and contact person for the company for a period of one year, as required by Estonian law.
  • Accounting for 1 year: This service involves maintaining the company’s financial records and preparing financial statements for a period of one year, as required by Estonian law.
  • Estonian e-Residency application support: This service provides support and guidance for individuals who want to apply for Estonian e-Residency, which allows non-Estonian residents to access digital services and manage a business from anywhere in the world, without the need for a physical presence in Estonia..
  • Estonian digital nomad visa support: This service provides support and guidance for individuals who want to apply for the Estonian Digital Nomad Visa, which allows location-independent professionals to live and work in Estonia.

A digital business has the potential to be more sustainable than traditional business models for several reasons:

  • Reduced paper usage: Digital businesses can significantly reduce the amount of paper used in their operations. Digital documents and electronic communication can replace many paper-based processes, reducing paper waste and the carbon footprint associated with paper production.
  • Energy efficiency: Digital businesses require less energy than traditional businesses to operate. Digital communication and cloud computing can significantly reduce energy consumption, as they don’t require the same level of physical infrastructure as traditional businesses.
  • Reduced transportation: A digital business can eliminate the need for transportation in certain cases. For example, e-commerce eliminates the need for customers to travel to physical stores, reducing transportation-related emissions.
  • Remote work: A digital business can enable remote work, reducing the need for employees to commute to a physical office. This can reduce the carbon footprint associated with commuting and improve work-life balance for employees.

Overall, a digital business can help to reduce resource consumption, energy use, and emissions associated with traditional business models, making it a more sustainable option.

The Estonian e-Residency program is a government initiative that offers a digital identity to non-residents of Estonia, allowing them to access Estonia’s digital services remotely.

Through the e-Residency program, individuals can apply for a government-issued smart ID card that allows them to sign digital documents, establish and operate an Estonian company, and access various online services offered by Estonian businesses and government agencies.

The program is open to anyone in the world who wants to use Estonia as a digital platform for business or other purposes, and it is designed to be a secure and convenient way to conduct business and manage personal affairs online.

The e-Residency program is not the same as physical residency or citizenship in Estonia, and it does not confer any rights or obligations of a resident or citizen. It is simply a way to access Estonia’s digital infrastructure and services from anywhere in the world.

The e-Residency program helps to solve several challenges, including:

  • Access to international markets: One of the primary challenges faced by many entrepreneurs and business owners is the difficulty of accessing international markets. The e-Residency program provides a secure and convenient way for entrepreneurs to establish and operate an Estonian company remotely, which can help them access new markets and expand their business globally.
  • Remote business management: Another challenge faced by many entrepreneurs is the difficulty of managing a business remotely. The e-Residency program provides access to a range of digital tools and services that make it easier to manage a business from anywhere in the world, without the need for a physical presence in Estonia.
  • Reducing bureaucracy: The e-Residency program simplifies the process of establishing and operating a company in Estonia, reducing bureaucracy and streamlining the process for entrepreneurs.
  • Improving financial services: The e-Residency program provides access to a range of financial services, including online banking and payment processing, which can help entrepreneurs manage their finances more efficiently and securely.
  • Enhancing security: The e-Residency program uses advanced security measures, including two-factor authentication and digital signatures, to protect the identity and data of e-Residents, making it a safe and secure way to conduct business online.

To establish an Estonian company using Estonian e-Residency, a foreign citizen must meet the following conditions:

  • Be at least 18 years old: The e-Residency program is only available to individuals who are at least 18 years old.
  • Pass a background check: All applicants must undergo a background check as part of the application process.
  • Obtain an Estonian digital ID card: Applicants must obtain an Estonian digital ID card, which is used to access Estonia’s digital services, including establishing and operating an Estonian company.
  • Have a local contact person: In order to establish an Estonian company, applicants must have a local contact person who is a resident of Estonia. Only a notary, notary’s office, advocate, law office, sworn auditor, audit firm or licensed trust and company service provider may be designated as your contact person.
  • Choose a legal form for the company: Applicants must choose a legal form for their company, such as a private limited company (OÜ) or a sole proprietorship (FIE).
  • Register the company: Applicants must register their company with the Estonian Business Register and obtain a registration number.
  • Have a business address in Estonia: Applicants must have a business address in Estonia, which can be a virtual office or a physical office space.

Once these conditions are met, the foreign citizen can establish and operate an Estonian company remotely using Estonian e-Residency.

The Estonian digital nomad visa is a special visa program offered by the government of Estonia that allows digital nomads and remote workers to legally work and live in Estonia for up to a year. The program was launched in August 2020 and is designed to attract location-independent professionals who can work from anywhere in the world.

To be eligible for the program, applicants must meet certain requirements, such as having a steady income from remote work, having health insurance, and not being a threat to public order or security. The application process is done online, and applicants can receive a decision within 30 days.

Once approved, digital nomads can live and work in Estonia for up to 12 months, with the option to extend their stay for an additional 90 days. They can also travel freely within the Schengen area for up to 90 days within a 180-day period.

The Estonian digital nomad visa is a unique program that recognizes the changing nature of work and aims to attract global talent to Estonia’s growing digital economy. The program has gained popularity among digital nomads and remote workers who are looking for a flexible and supportive environment to live and work.

Social Entrepreneur

Who is it for?

A social entrepreneur is an individual who seeks to create positive social or environmental change through innovative and sustainable business solutions. Social entrepreneurs are motivated by a desire to address social and environmental challenges and are committed to using business as a means to create a positive impact.

Social entrepreneurs often work in areas such as poverty alleviation, environmental sustainability, education, healthcare, and community development. They are often driven by a passion for creating social change and are willing to take risks and challenge traditional business models to achieve their goals.

Social entrepreneurs differ from traditional entrepreneurs in that they prioritize social or environmental impact over profit. While they may generate revenue through their business ventures, their primary goal is to create social or environmental value.

Common questions about this plan

  • Everything in “Digital Business”.
  • Sustainable planning roadmap guide: This service provides a framework that helps organizations plan and implement sustainability initiatives in a strategic and systematic way. It typically includes steps such as establishing sustainability goals, assessing current sustainability performance, developing a sustainability plan, implementing sustainability initiatives, monitoring and evaluating sustainability performance, and continuously improving sustainability performance.
  • Funding opportunities for your enterprise: This service helps social enterprises to identify and access funding opportunities from various sources, such as grants, impact investors, and crowdfunding platforms.
  • Join a global community: This service provides opportunities for social entrepreneurs to connect with like-minded individuals, learn from others, and collaborate on social and environmental initiatives.
  • Guide for impact measurement tools: This service provides methodologies or frameworks to assess and measure the social and environmental impact of an organization, initiative, program, or project. It helps organizations to understand and quantify the positive or negative outcomes that result from their activities and identify areas where they can improve their social and environmental performance.
  • Help with accelerators, mentors, advisors: This service provides support and guidance to social entrepreneurs who are seeking to join accelerators or incubators, find mentors or advisors, or access other resources to help them launch or scale their ventures.

A social enterprise can be sustainable for several reasons:

  • Purpose-driven business model: Social enterprises prioritize social or environmental impact over profit. This mission-driven approach helps them build a loyal customer base, attract socially responsible investors, and build strong partnerships with other organizations that share their values.
  • Diversified revenue streams: Social enterprises often generate revenue through a variety of sources, including product sales, grants, and donations. This diversified revenue stream helps them weather economic challenges and sustain their impact over the long term.
  • Innovation and adaptability: Social enterprises are often founded by individuals who are passionate about creating social or environmental change. This passion drives them to be innovative, adaptable, and creative in finding new solutions to complex challenges.
  • Engaged workforce: Social enterprises often attract employees who are passionate about the organization’s mission and values. This engaged workforce can lead to increased productivity, lower turnover rates, and a stronger sense of community and purpose within the organization.

A roadmap for sustainable planning is a framework that helps organizations plan and implement sustainability initiatives in a strategic and systematic way. The roadmap typically includes the following steps:

  • Establish sustainability goals: Organizations need to define their sustainability goals, which may include reducing carbon emissions, conserving resources, increasing recycling rates, or improving social and environmental outcomes.
  • Assess current sustainability performance: Organizations need to assess their current sustainability performance to identify areas where improvements can be made. This may involve conducting a sustainability audit or assessment.
  • Develop a sustainability plan: Based on the sustainability goals and performance assessment, organizations need to develop a sustainability plan that outlines specific actions, timelines, and responsibilities.
  • Implement sustainability initiatives: Organizations need to implement sustainability initiatives outlined in the sustainability plan. This may involve making changes to operations, introducing new policies or practices, or investing in new technologies.
  • Monitor and evaluate sustainability performance: Organizations need to track their sustainability performance to ensure that they are making progress towards their sustainability goals. This may involve collecting and analyzing data, monitoring key performance indicators (KPIs), and reporting on sustainability performance.
  • Continuously improve sustainability performance: Organizations need to continuously improve their sustainability performance by identifying opportunities for improvement, refining sustainability initiatives, and engaging stakeholders in sustainability efforts.

Our sustainable planning roadmap guide provides comprehensive and structured guidelines for composing a sustainability initiatives action plan.

There are several financing options available to social entrepreneurs in Estonia. Some of these options include:

  • Grants: Social entrepreneurs can apply for grants from various organizations, such as the European Union or local foundations, to fund their projects or initiatives.
  • Crowdfunding: Social entrepreneurs can use crowdfunding platforms to raise funds from a large number of individuals who are interested in supporting their projects or initiatives.
  • Impact investment: Impact investors provide funding to social enterprises that have the potential to generate both financial returns and positive social or environmental impact.
  • Accelerators and incubators: Social entrepreneurs can apply to join accelerators or incubators that provide funding, mentorship, and other resources to help them launch or scale their ventures.

Overall, social entrepreneurs in Estonia have access to a range of financing options, and the availability of these options is expected to increase in the coming years as the government and private sector continue to focus on supporting social entrepreneurship and sustainable development.

Our guide for impact measurement tools provides frameworks and guidelines to assess and measure the social and environmental impact of your organization, initiative, program, or project.

Impact measurement tools help organizations to understand and quantify the positive or negative outcomes that result from their activities, and to identify areas where they can improve their social and environmental performance.

There are many different impact measurement tools available, and each tool may be better suited for certain types of organizations, initiatives, or projects. Some common impact measurement tools include:

  • Social Return on Investment (SROI): SROI is a methodology that involves quantifying the social and environmental outcomes of an initiative or program in monetary terms, to help stakeholders understand the value created.
  • Logic models and Theory of Change: Logic models and Theory of Change are methodologies that help organizations to identify their goals and objectives, and the activities required to achieve them. They are often used in program planning and evaluation to measure the effectiveness of interventions.
  • Sustainability Accounting Standards Board (SASB): SASB is a framework that helps organizations to identify and report on sustainability-related risks and opportunities that are most relevant to their industry and business.
  • Global Reporting Initiative (GRI): GRI is a widely used framework that helps organizations to report on their sustainability performance, including their environmental, social, and governance (ESG) performance.
  • Impact investing metrics: Impact investing metrics are used to measure and report on the social and environmental outcomes of investments, to help investors understand the impact of their investments.

Overall, impact measurement tools are important for social and environmental organizations to understand and quantify the outcomes of their activities and to identify areas for improvement.

The social enterprise community in Estonia is relatively small but growing. There are several organizations and initiatives that are working to promote social entrepreneurship and support social enterprises in Estonia.

One of the main organizations supporting social entrepreneurship in Estonia is the Estonian Social Enterprise Network (ESEN), which was founded in 2013. ESEN aims to create a supportive ecosystem for social enterprises in Estonia by providing training, networking opportunities, and advocacy.

Another organization that supports social entrepreneurship in Estonia is Impact Hub Tallinn, which is part of a global network of Impact Hubs. Impact Hub Tallinn provides coworking spaces, events, and training for social entrepreneurs.

In addition, there are several accelerators and incubators in Estonia that support social enterprises, such as Startup Wise Guys, Garage48, and Tartu Business Incubator. These programs provide funding, mentorship, and resources to help social entrepreneurs launch and scale their ventures.

Overall, the social enterprise community in Estonia is still developing, but there is growing interest in social entrepreneurship and a supportive ecosystem that is emerging to support it.

Estonia has a good ecosystem for social enterprises, although it is still developing. Here are some factors that contribute to Estonia’s ecosystem for social enterprises:

  • Supportive government policies: The Estonian government has implemented several policies to support social entrepreneurship, such as providing tax incentives and funding opportunities for social enterprises.
  • Access to funding: Social enterprises in Estonia can access funding from various sources, such as grants, impact investors, and crowdfunding platforms.
  • Vibrant startup ecosystem: Estonia has a thriving startup ecosystem, with many accelerators, incubators, and coworking spaces that support social enterprises.
  • Strong digital infrastructure: Estonia is known for its strong digital infrastructure, which makes it easy for social enterprises to access digital tools and services.
  • Active social enterprise network: Estonia has an active social enterprise network, with organizations such as the Estonian Social Enterprise Network (ESEN) and Impact Hub Tallinn that provide training, networking, and other resources to support social entrepreneurs.

Greentech Startup

Who is it for?

Greentech startups are often founded by entrepreneurs who are passionate about creating positive environmental impact while also creating a viable business. They may face unique challenges, such as high research and development costs, long lead times, and regulatory barriers.

However, greentech startups also have significant opportunities for growth and impact, as the demand for sustainable solutions continues to increase.

Greentech startups may focus on a wide range of areas, such as renewable energy, energy efficiency, waste reduction, water conservation, sustainable agriculture, transportation, and more.

Examples of greentech startups include companies that produce solar panels, wind turbines, electric vehicles, energy-efficient appliances, sustainable packaging, and water purification systems.

Common questions about this plan

  • Everything in “Digital Business”.
  • Funding opportunities for your startup: This service provides guidance and support to startups in identifying and accessing various funding opportunities, such as grants, venture capital, and other forms of financing.
  • Investors and crowdfunding: This service helps startups to connect with potential investors or crowdfunding platforms.
  • Incubators and accelerators: This service provides support and resources to startups in the form of mentorship, training, and networking opportunities. Incubators and accelerators are designed to help startups grow and scale their businesses, and may provide access to funding, office space, and other resources.
  • Business chambers and clusters: This service provides networking opportunities and support to startups through business chambers and industry-specific clusters. These organizations bring together businesses in the same industry or region to collaborate, share knowledge, and promote growth.
  • Estonian startup visa support: This service provides assistance and guidance to entrepreneurs and startup teams who are interested in relocating to Estonia through the Estonian Startup Visa program. It may involve helping with the application process, providing information on available resources and support, and connecting startups with potential partners or investors.

Greentech startups are sustainable for several reasons:

  • Growing demand for sustainable solutions: As the world becomes increasingly aware of the negative impacts of human activities on the environment, there is growing demand for sustainable solutions that can help mitigate these impacts. Greentech startups are well-positioned to meet this demand and create sustainable solutions that address these challenges.
  • Strong government support: Many governments around the world are providing incentives and support for the development and commercialization of green technologies. This support can include tax credits, subsidies, and research grants, which can help greentech startups to grow and thrive.
  • Attractiveness to socially responsible investors: Greentech startups often attract investors who are interested in socially responsible investing and have a strong interest in supporting sustainable solutions. This investor interest can help greentech startups to access the capital they need to grow and scale their businesses.
  • Innovation and adaptability: Greentech startups are often founded by entrepreneurs who are passionate about creating positive environmental impact. This passion drives them to be innovative, adaptable, and creative in finding new solutions to complex environmental challenges.
  • Positive impact on the environment: Greentech startups have the potential to create positive environmental impact by developing technologies and solutions that reduce carbon emissions, conserve natural resources, and mitigate the negative impacts of human activities on the environment. This positive impact can contribute to the long-term sustainability of the planet and future generations.

Overall, greentech startups are sustainable because of the growing demand for sustainable solutions, strong government support, attractiveness to socially responsible investors, innovation and adaptability, and positive impact on the environment.

There are several funding options available to greentech startups in Estonia. Here are some examples:

  • SmartCap GreenTech Fund: SmartCap GreenTech Fund is a venture capital fund that invests in early-stage greentech startups in Estonia. The fund focuses on companies that are developing sustainable solutions in areas such as renewable energy, energy efficiency, and circular economy.
  • Climate-KIC Accelerator: Climate-KIC Accelerator is a program that provides funding, mentorship, and resources to early-stage greentech startups in Estonia. The program is designed to help startups develop their business ideas, validate their technologies, and prepare for market entry.
  • EIT RawMaterials: EIT RawMaterials is a program that provides funding and support to startups that are developing innovative solutions in the field of raw materials. This can include greentech startups that are developing sustainable solutions for resource extraction, recycling, and waste management.
  • Estonian Development Fund: The Estonian Development Fund provides funding and support to startups and SMEs in Estonia that are working on innovative projects in various industries, including greentech.
  • European Union funding: Greentech startups in Estonia can also access funding from various European Union programs, such as the Horizon Europe program and the European Innovation Council (EIC) Accelerator.

Overall, greentech startups in Estonia have access to a range of funding options, and the availability of these options is expected to increase in the coming years as the government and private sector continue to focus on supporting sustainable development.

Yes, Estonia has a very good ecosystem for startups. Here are some factors that contribute to Estonia’s ecosystem for startups:

  • Supportive government policies: The Estonian government has implemented several policies to support startups, such as providing tax incentives, reducing bureaucratic barriers, and investing in innovation and research.
  • Strong digital infrastructure: Estonia is known for its strong digital infrastructure, which makes it easy for startups to access digital tools and services. This infrastructure includes e-residency, which allows non-residents to establish and manage businesses in Estonia remotely.
  • Access to funding: Startups in Estonia can access funding from various sources, such as venture capital firms, angel investors, and crowdfunding platforms.
  • Vibrant startup ecosystem: Estonia has a thriving startup ecosystem, with many accelerators, incubators, and coworking spaces that provide support and resources to startups. Some notable examples include Startup Wise Guys, Garage48, and Tehnopol.
  • Skilled talent pool: Estonia has a highly skilled talent pool, with many talented individuals in fields such as engineering, programming, and design. Many of these individuals are attracted to the startup ecosystem and are eager to work for startups.

Overall, Estonia’s ecosystem for startups is well-developed and supportive, and has helped to foster a culture of innovation and entrepreneurship in the country.

As of March 2023, Estonia has produced four unicorns – startups that have achieved a valuation of $1 billion or more. These are:

  • TransferWise (now Wise): a fintech company that offers international money transfer services
  • Bolt: a transportation platform that offers ride-hailing, micromobility, and food delivery services
  • Playtech: a gaming technology company that develops software and services for online and land-based gaming operators
  • Pipedrive: a customer relationship management (CRM) software company that helps sales teams manage their sales processes

These unicorns are a testament to the strength of Estonia’s startup ecosystem, and are a source of pride for the country’s entrepreneurs and innovators.

The Estonian startup visa is a program that allows non-European Union entrepreneurs and startup teams to relocate to Estonia and establish their startups there. The program is designed to attract international talent and innovation to Estonia and provide support and resources for early-stage startups.

The Estonian Startup Visa program has several benefits, including:

  • No minimum investment requirement: Unlike some other startup visa programs, the Estonian Startup Visa program does not require a minimum investment amount.
  • Fast application process: The application process for the Estonian Startup Visa is fast and streamlined, with most applications processed within 30 days.
  • Access to resources and support: Entrepreneurs and startup teams who are accepted into the Estonian Startup Visa program have access to resources and support, such as mentorship, networking opportunities, and funding options.
  • Opportunity to establish a business in the European Union: Estonia is a member of the European Union, which provides startups with access to a large and lucrative market.

To be eligible for the Estonian Startup Visa program, entrepreneurs and startup teams must meet certain criteria, such as having a scalable business idea, a viable business plan, and the ability to support themselves financially during their stay in Estonia. The program is administered by Startup Estonia, a government-backed organization that supports the growth and development of Estonia’s startup ecosystem.

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