Deadline: 7 July 2024
The 29th Entrepreneurship Award is open for nominations, celebrating the best in Estonian business and welcoming global players.
The award celebrates outstanding Estonian companies that have consistently demonstrated resourcefulness, innovation, and success, contributing to the prosperity of their employees and the country as a whole.
It aims to acknowledge successful foreign investors who have chosen Estonia as their base of operations, fostering innovation, creating jobs, and driving economic growth.
Categories
This year’s competition features seven categories:
- Industry Digitiser
- Exporter
- Innovator
- Foreign Investor
- Sustainability Developer
- Tourism Developer 2024
- Family Enterprise 2024
Why should you participate and nominate a company?
- By taking part in the competition, companies can highlight their outstanding solutions and implemented innovations in addition to their economic success. The title has helped awarded companies increase their credibility among potential partners and advanced their international relations. Previous participants have gladly stated that taking part in the competition has helped them acknowledge their employees and has made their company more attractive as an employer.
- If you are proud of your employer or know a company whose activities should be set as an example to others, you can acknowledge these great performers by nominating them. Nominating will also make you feel good about having made a positive contribution to the success of a deserving company!
- Participation in the competition brings public recognition and positive media attention.
Criteria
- They encourage all companies with compelling stories and accomplishments to participate in this year’s Entrepreneurship Award for a chance to showcase your achievements and gain national recognition.
- To be eligible, companies must have international shareholders and demonstrate substantial investments in Estonia within the last three years.
- The evaluation process is a comprehensive assessment that weighs both economic indicators and broader achievements. Economic indicators, accounting for 30% of the final score, include the growth in added value per employee, investment volume, and the number of full-time employees between 2021 and 2023.
- The remaining 70% of the evaluation focuses on the company’s broader impact in Estonia. This includes creating new products, technologies, or industries, generating highly qualified jobs, and expanding the company’s value chain within the country.
For more information, visit Estonian Business and Innovation Agency.
