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List of Incubators and Accelerators in Estonia
Discover Estonia's Top Incubators and Accelerators for Startups
Estonia is known for its vibrant startup ecosystem and innovative spirit, hosting a diverse array of incubators and accelerators that play pivotal roles in nurturing emerging businesses. These organizations, from Tallinn to Tartu, provide invaluable support through mentorship, funding opportunities, and specialized programs designed to propel startups from inception to success. Whether focused on technology, creative industries, or biotechnology, Estonia's incubators and accelerators foster an environment where entrepreneurial dreams can flourish. Let's explore some of the top incubators and accelerators in Estonia that are shaping the future of its startup landscape.
316VC
316VC is an investment and advisory firm focused on accelerating early-stage blockchain startups. With a team experienced in finance, mathematics, PR, and blockchain technology, 316VC offers strategic advice and exposure to innovative projects in DeFi, Web3, and NFT Metaverse sectors across Ethereum, Cardano, Solana, and other blockchains.
Led by CEO Adeyemi Adewunmi, who has a strong background in accounting, finance, and energy trading, 316VC is well-positioned to support the rapid growth of the crypto industry.
Ajujaht
Ajujaht, Estonia's oldest and most renowned accelerator program, offers a comprehensive and intense development experience for 20 selected startups. Running from June to August, the program includes boot camps, training, personal mentoring, and a founder-to-founder approach. Participants benefit from a robust mentorship network and various joint events that foster collaboration and experience sharing. The highlight of Ajujaht is the ERR TV show "Brain Hunt," where the top 9 teams compete for a €30,000 prize, gaining significant public exposure. Throughout and beyond the program, Ajujaht provides ongoing support by connecting teams with investors, accelerators, and other crucial resources.
Beamline
Beamline Accelerator, an initiative by Cleantech Estonia established in 2015, is dedicated to propelling the growth of ambitious cleantech, Greentech, and deep-tech startups. As a pioneer in the regional cleantech sector, Beamline offers a unique, topic-focused acceleration program designed to meet the specific needs of startups in these industries. The program includes a 2-week pre-accelerator, a 3-month intensive hands-on phase, and provides up to €60k in investment along with comprehensive business development services. Additionally, top-performing teams receive a €100K follow-on investment. Beamline's tailored approach and robust network of industry-specific stakeholders ensure that startups are well-equipped to achieve sustainable innovation and market success.
The Beamline Accelerator is driven by the experienced team at Cleantech Estonia, led by Managing Partner & CEO Jana Budkovskaja. The team comprises co-founders Indrek Kelder, Kadri Piho, Karl-Joosep Pärtel, Erki Ani, and Triin Viilvere. Since 2015, this dedicated group has been instrumental in building the local ecosystem by empowering sustainable research and innovation. With their extensive knowledge and commitment, the team continues to support startups in achieving impactful and systematic sustainability.
Creative Destruction Lab
The Creative Destruction Lab (CDL) is a well-known startup program that supports science-based ventures at the seed stage. Founded at the Rotman School of Management, University of Toronto, CDL has expanded to over 12 countries worldwide including Estonia.
CDL-Estonia, based at the University of Tartu, offers a Digital Society program for new founders focused on digital governance, cyber security, and public health or genomics. Participants can develop and test their business models using data from 300 government registries. The University of Tartu is among the top 1% of the world's most-cited institutions in clinical medicine, chemistry, biology, biochemistry, and biochemical engineering. With its strong research history, Estonia's advanced digital infrastructure, and strong public-private partnerships, CDL-Estonia aims to speed up the global commercialization of digital society innovations.
EIT Digital
EIT Digital's Venture Incubation Program offers European entrepreneurs a robust pathway from the conception of an idea to investment readiness. The program is designed to support startups in the fields of Digital Industry, Tech, Wellbeing, Finance, and Cities. It provides comprehensive resources and financial backing of up to €30,000. Participants benefit from a structured journey, including a two-day Bootcamp, an 8-week virtual Pre-Acceleration Phase, and access to entrepreneurial experts who help refine Minimum Viable Products (MVPs) and navigate market validation.
The program ends with potential funding opportunities and extra prizes for ventures that reach significant milestones, such as securing initial investments or gaining commercial traction. EIT Digital operates fully online and uses its extensive network of Nodes and local partners across Europe to promote innovation, peer-to-peer learning, and sustainable growth within the digital technology sector.
Elevator Startups
Founded in 2015, Elevator Startups is a dynamic incubator within the ADM digital agency group, providing comprehensive support for startups and corporate innovation units. Acting as co-pilots in the growth journey, Elevator Startups offers tailored services in innovation consulting, business mentoring, innovation training, team coaching, and investor readiness. Their flexible approach caters to startups of all sizes and stages, ensuring each venture receives the precise guidance needed to accelerate growth and achieve success in the competitive market.
Esa Bic
The ESA Business Incubation Centre Estonia was established in 2017 to integrate Estonia into the European Space Agency’s network and promote the development of space technology innovations for use on Earth. ESA BIC Estonia is located in Tartu and Tallinn and benefits from the expertise of consortium partners, which include Tartu Science Park, Tallinn Science Park Tehnopol, universities, and governmental bodies. Over five years, this initiative aims to support 20 startups by providing them with access to ESA resources, laboratory facilities, and comprehensive business development support. ESA BIC Estonia's objective is to advance Estonia's position as a leader in digital innovation and space technology applications within the Baltic region and beyond.
GameFounders
GameFounders is a global accelerator program exclusively tailored for game studios and startups, founded by industry luminaries Scott Foe, Tommy Palm (creator of Candy Crush), Rami Ismail (Vlambeer), and Ilari Kuittinen (Housemarque). Over three months, the program offers intensive mentoring by a diverse pool of over 150 gaming industry experts. It encompasses comprehensive support in game development, user acquisition, monetization, UI design, and more, complemented by pitch practice, playtesting, and visits to successful game studios. At the culmination of the program, participants showcase their projects at a demo day, presenting to a global network of investors and publishers.
Healthfounders
Health Founders is the premier health technology accelerator in the Baltics, dedicated to nurturing ambitious founders who are shaping the future of healthcare. Founded by Erki Mölder and Siim Saare, Health Founders aims to launch 100 new health technology companies over the next decade. The accelerator offers two distinct programs: "Discover," a pre-accelerator for aspiring founders, and "Develop," a comprehensive nine-month development program for early-stage teams. Participants benefit from mentoring by healthcare experts, access to a wide network of partners and investors, and opportunities for product testing and design sprints at Ülemiste City, a vibrant community hub in Estonia. With a focus on digital health, personalized prevention, AI, and more, Health Founders provides the ideal launchpad for innovative startups looking to thrive in Estonia's advanced digital health ecosystem.
Kesk-Eesti Business Incubator
Kesk-Eesti Business Incubator is a crucial center for developing entrepreneurial talent in Central Estonia. It emphasizes the transformation of innovative ideas into successful businesses and has supported 42 teams through a specialized program focused on fostering growth and achievement. Providing €150,000 for the upcoming incubation period, the incubator collaborates closely with 53 mentors and specialists to offer personalized guidance and expertise. By harnessing unique knowledge from partners and creating a strong regional network, the incubator aims to enhance the efficiency and competitiveness of businesses in the area.
NULA
NULA Incubator, facilitated by the National Foundation of Civil Society in collaboration with the Good Deed Foundation, is dedicated to fostering innovative solutions that address pressing social challenges in Estonia. Designed for both individuals and teams, NULA supports ideas that aim to create sustainable impact in fields such as social issues, education, environment, public health, and collaborative consumption. The incubation process spans nine months, focusing on refining ideas through mentorship, training sessions, and rigorous testing. Successful participants may also qualify for a start-up grant to further develop and implement their solutions, ensuring lasting positive change in Estonian society.
Pärnu Business Incubator
The Pärnu Business Incubator provides a nurturing environment for entrepreneurs to develop and test their business ideas in a supportive and dynamic community. Located in Pärnu, Estonia, this incubator offers access to a versatile network of mentors, a collaborative community of fellow startups, and a modern working environment. By partnering with the Tehnopoli research and business campus, the incubator ensures that startups have all the necessary resources for rapid growth. Under the leadership of Kaydi Thomson, the incubator has fostered notable success stories, such as Dreamsville's innovative textile products and Plantos' healthy snacks, highlighting the potential for local ideas to achieve global impact. The incubator welcomes new entrepreneurs to take the first step towards transforming their ideas into successful businesses.
Prototron
Prototron is a fund established in 2012 to transform smart and innovative ideas into functional prototypes, providing a foundation for successful businesses. Offering up to €35,000 in equity-free funding, Prototron supports individuals and businesses across various technical verticals. Beyond the financial assistance, participants benefit from extensive mentoring, training, and valuable networking opportunities. With a history of supporting 102 teams, Prototron has helped its alumni raise over €86 million. Founded by Tehnopol, TalTech, and Swedbank, Prototron is dedicated to fostering the birth of new startups and world-changing technologies.
Startup Wise Guys
Startup Wise Guys is a well-known European startup accelerator that has been supporting tech founders on their entrepreneurial journeys since 2012. It was founded in Tallinn, Estonia, by successful tech entrepreneurs and has grown into a global community with a team of over 60 mentors, experts, and investors. The accelerator focuses on B2B startups and various specialized verticals, offering a comprehensive program that includes mentoring, training, and networking opportunities. With a track record of supporting over 800 founders from 71 nationalities and achieving 15 successful exits, Startup Wise Guys is committed to fostering innovation and driving positive impacts in global startup ecosystems.
Tallinn Creative Incubator
The Tallinn Creative Incubator is dedicated to fostering entrepreneurship within Estonia’s vibrant business and creative sectors. Offering three tailored programs Incubation, Pre-Incubation, and Growth—the incubator supports entrepreneurs at various stages of their journey. The Incubation program helps create viable and sustainable small businesses, enriching the Estonian economy and creative landscape. The Pre-Incubation program is designed for aspiring entrepreneurs contemplating starting their own business. Meanwhile, the Growth program targets established entrepreneurs looking to develop their products or services, expand their companies, and enter export markets. By providing these comprehensive programs, the Tallinn Creative Incubator aims to cultivate innovation and support the growth of creative enterprises in Estonia.
Tartu Biotehnoloogia Park
The Tartu Biotechnology Park (TBP) Business Incubator is dedicated to fostering the growth and success of innovative start-ups in the fields of biotechnology, medicine, and veterinary medicine. By offering high-quality infrastructure and comprehensive business development and consultancy services, TBP creates a supportive environment that boosts the competitiveness of emerging enterprises. The incubation program provides essential resources such as facilities and equipment, alongside expert consultancy in start-ups, networking, and risk reduction. Not limited to local businesses, the BioMed Incubator also offers virtual incubation, extending its support to companies outside Tartu. Key services include project preparation and submission assistance, managing collaborative partnerships, establishing cooperation links, creating business plans, conducting market and risk analyses, identifying investment opportunities, and organizing seminars and training programs.
Tartu Centre for Creative Industries
The Tartu Centre for Creative Industries (LMK) serves as a pivotal development center and business incubator specifically tailored for creative industries. It welcomes both startups and existing companies aiming to innovate within sectors such as fashion, contemporary art, film, design, and performing arts. LMK's incubation program offers a comprehensive support structure including personalized business consulting, mentoring from creative and business experts, and access to entrepreneurial pieces of training and seminars. Participants also benefit from preferential rental terms for premises, joint marketing opportunities, and engagement in international events. LMK fosters a vibrant entrepreneurial community, providing a nurturing environment where creative enterprises can thrive, grow, and potentially expand into international markets.
Tehnopol Startup Incubator
Tehnopol Startup Incubator stands out as a premier accelerator dedicated to tech startups in Estonia. Known for its rigorous 6-month program, Tehnopol selects ten promising companies annually, focusing on those beyond the MVP or prototype stage. With a commitment to fostering success, the incubator offers expert mentorship from over 100 seasoned business mentors, personalized growth strategies, and access to a robust network of investors. Participants benefit from extensive training sessions, investor meetings, and community events, totaling over 125 per year. Notably, startups also gain access to exclusive partner offers and a supportive ecosystem that has facilitated over €37 million in funding. Aspiring tech entrepreneurs looking to scale their ventures and attract investment will find Tehnopol Startup Incubator a pivotal partner in their journey to success.
Tenity
Tenity, previously known as F10, is a prominent global innovation ecosystem and early-stage investor. Since its establishment in 2015, Tenity has grown to four hubs across Europe and Asia. It has nurtured a strong network connecting ambitious founders, leading corporations, investors, and mentors in the financial technology (Fintech) and insurance technology (Insurtech) sectors.
At Tenity, collaboration drives innovation. They specialize in accelerating early-stage startups, having supported over 300 alumni who have collectively raised more than $380 million in funding. Through strategic partnerships and mentorship programs, Tenity facilitates over 60 collaborations annually, empowering startups to develop tech solutions tailored to the financial industry. For entrepreneurs looking to scale their innovations and navigate the complexities of the finance sector, Tenity offers a dynamic ecosystem and invaluable support to propel their ventures forward.
In conclusion, Estonia's incubators and accelerators provide significant support for aspiring entrepreneurs. They offer not only financial backing but also crucial mentorship and access to networks. These institutions play a vital role in bridging the gap between innovative ideas and market-ready solutions, ensuring that startups can navigate challenges and capitalize on opportunities in a competitive global landscape. As Estonia continues to foster innovation and entrepreneurship, these incubators and accelerators will remain essential in driving forward the country's reputation as a hub of technological and creative advancement. For startups looking to thrive in Estonia's dynamic ecosystem, these incubators and accelerators provide the foundation for turning visions into reality and shaping the future of business.