Support Organization (NGO, government agency, chamber, etc.) Profile

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Estonian Development Fund

The Estonian Development Fund is a public institution established by the Estonian Parliament and it acts on the basis of the Development Fund Act. The aim of the Development Fund is to support positive change in the Estonian economy through investment activities, development monitoring and growth programmes: Investing into innovative, ambitious companies with great potential through our subsidiary SmartCap. The aim of the investment activities of the Development Fund is to facilitate the birth of such companies and to support the growth of a venture capital market. There are 18 companies in the portfolio of the Development Fund and SmartCap. Monitoring and growth programmes are designed to support investment decisions and the growth of entrepreneurship in society. Our monitoring programmes focus on the following areas: - Entrepreneurial Estonia – the growth of entrepreneurship and related knowledge - StartSmart – facilitating the birth of startups and development    more / less

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Name and Mailing address
Name: Estonian Development Fund Web-site: Estonian Development Fund
Street: Rotermanni 8
Send mail:
City: 10111, Tallinn Phone/Fax: +372()6161100 / +372()6161101
Country: Estonia Networks:   
Communication & Contact
  Annika Lentso

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  Mari Vavulski
Head of Startup Estonia

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  Rivo Riistop
Project Manager Startup Ecosystem

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Support Organization (NGO, government agency, chamber, etc.) Services

The goals of the Support Organization (NGO, government agency, chamber, etc.): Specific Target Groups:
Develop profitable companies
Raise awareness of entrepreneurship
Raise awareness of innovation
Develop Entrepreneurship Ecosystem
Type of IncubatorType of OrganizationFinancial Model
Support Organization (NGO, government agency, chamber, etc.)


Technological Focus
ICT Information and Communication Technologies
Support Organization (NGO, government agency, chamber, etc.) Data Year (statistic): 2013
Rental SpaceClient FirmsOn-site clients that at the same time are tenants of your incubator / parkOff-site clients that use your services without being tenants of your incubator or park
total sq.m. available in incubatorTotal number of clients servedTotal number of cleints served since beginning of incubator operation. Only clients that have been advised regarding business start-up (not, for example, counting participnats of trainings, seminars, etc).
sq.m used for incubator services/administrationNumber of client firmsNumber of client firms at this time in on-site or off-site incubation program repsectively.
sq.m. rented by client firmsNumber of employees in client firms
Incubator Staff
number of staff working in management / services
Business areas of client companies
Last Updated
October 26, 2014