Company Investment Grant
The grant is intended for companies to make investments that help increase added value and international competitiveness. This is regional aid within the meaning of Article 14 of Commission Regulation (EU) No 651/2014.
| Agency | EIS |
|---|---|
| Region | EU |
| Country | EE |
| Legal form | Company |
| Max funding | 3 000 000 EUR |
| Coverage | Up to 15% of eligible costs (up to 10% in Harju County) |
| Minimum grant amount | 1 000 000 EUR |
|---|---|
| Self-financing | At least 85% of eligible costs |
| Type of grant | Regional aid in accordance with the EU block exemption regulation (EU 651/2014) |
| Project may not be started | The project must not have been started nor commitments made before submitting the application |
| Project eligibility period | Up to 36 months |
| Sustainability of the beneficiary | Value added per employee must exceed the Estonian average in the 2nd year after the end of the eligibility period |
| Applicable restrictions to applicants | The applicant must not have tax debt >100€, must be properly registered and without state/municipal ownership |
| EMTAK exclusions |
|
| Documentation | https://eis.ee/teenused/ettevotte-investeeringu-toetus/ |
Tangible assets: machinery, equipment, production tools |
Intangible assets: licenses, patents, know-how |
Construction and reconstruction costs |
Capital lease and rental costs (with conditions) |
Setup, transport and insurance costs as part of the asset |
40% – Project's impact on achieving objectives |
30% – Applicant's capability to implement the project |
20% – Impact on the Estonian economy |
10% – Project location outside Harju County |
EMTAK A: Agriculture, forestry and fishing |
C120: Tobacco product manufacturing |
K62: Programming and consultancy |
L: Financial and insurance activities |
N69: Legal operations and accounting |
N70: Management consultancy |
N73: Advertising, market research |
O77: Leasing and rental activities |
O782: Temporary employment services |
S92: Gambling and betting activities |
Interim report twice a year during the eligibility period |
Final report within 2 months after the end of the project |
EIS approves reports within 35 working days |
Pre-application counseling and preliminary assessment from EIS is mandatory |
Applications are accepted continuously via the e-support environment |
Applications are processed in the order of submission, assessment up to 30 working days |
Project plan that has received a preliminary assessment |
Report of the last financial year (if not in the business register) |
Balance sheet and profit and loss statement for the current year |
Documents proving financial capability |
Project budget and cost supporting documents |
Power of attorney (if required) |
Confirmation that no relocation has occurred or will occur |