Startup Grant

35% - Alignment of the project with sectoral development plans, impact on achieving the specific objectives of the action plan and measure goals

20% - Justification of the project

15% - Cost-effectiveness of the project

10% - Applicant's capability to implement the project

10% - Competence of the applicant's team

10% - Alignment of the project with the principles and goals of 'Estonia 2035'

Agriculture, forestry, and fishing (EMTAK 2008 Section A)

Brokerage, wholesale, and retail trade (EMTAK 2008 Section G), except vehicle and motorcycle maintenance and repair

Real estate activities (EMTAK 2008 Section L)

Tobacco product manufacturing (EMTAK 2008 Section C 120)

Gambling and betting activities (EMTAK 2008 Section R 920)

Financial and insurance activities (EMTAK 2008 Section K)

Legal and accounting activities (EMTAK 2008 Section M 69)

Head office activities and management consulting (EMTAK 2008 Section M 70)

Advertising (including digital advertising) and market research (EMTAK 2008 Section M 73)

Rental and temporary staffing activities (EMTAK 2008 Sections N 77 and N 782)

Office administration, office support, and other business support services (EMTAK 2008 Section N 82)

Other education (EMTAK 2008 Section P 855)

Various healthcare services (86909), except for physiotherapy, psychoanalysis, psychology, psychotherapy, speech therapy, diet counseling, weight management, and occupational therapy

Coal and lignite mining (EMTAK 2008 Section B 05)

Oil and gas extraction and related activities (EMTAK 2008 Sections B 06 and B 091)

Coke and refined petroleum product manufacturing (EMTAK 2008 Section C 19)

Interim report must be submitted within four months after the approval of the application. The interim report must prove the creation of one full-time equivalent job within three months after the decision. After approval, the first part of the grant (15,000 EUR) will be disbursed. If the job is not created, the payment will not be made.

Final report must be submitted within 30 days after the end of the project's eligibility period. The final report must prove the retention of the created job, payment of at least the minimum wage, achievement of growth potential, and revenue generation in the second year of the project. After approval, the second part of the grant (5,000 EUR) will be disbursed. If the conditions are not met, the first installment will be reclaimed, and the second installment will not be paid.

Consequences of non-compliance: Reclaim of the first installment and refusal to pay the second installment if the job is not created or retained, minimum wage is not paid, or growth potential is not achieved.

Business plan

Financial projections

CVs of shareholders and management members