Company Investment Support (Ettevõtte investeeringu toetus)
Funds major fixed-asset investments by Estonian companies seeking to strengthen international competitiveness.
Company Investment Support (Ettevõtte investeeringu toetus) is a rolling capital investment grant administered by Ettevõtluse ja Innovatsiooni Sihtasutus (EIS) for Estonian companies making major fixed-asset investments. The instrument functions as a top-up rather than primary financing: it covers up to 15% of total eligible project cost, with the applicant required to self-finance at least 85%. Given the 15% ceiling, the maximum grant of €3,000,000 corresponds to investment projects in the €6.7 million to €20 million range, making this instrument relevant only to substantial capital programmes.
Eligible investments include acquisition of material or immaterial fixed assets for establishing a new enterprise, equipment for new product manufacturing, construction of production buildings, reconstruction of existing buildings for operational purposes, and rental of production buildings. Ineligible costs include building renovation and finance lease payments. There is no explicit sector restriction; the program emphasises projects that create "higher added value" and strengthen Estonia's international competitiveness. Companies located outside Harju County (which contains Tallinn) receive a 10% bonus in the evaluation scoring, reflecting a regional development incentive.
The intake is continuous — EIS confirms "Taotluste esitamine on jooksev" (rolling application submission) with no fixed deadline. Evaluation takes up to 30 working days (approximately 6 weeks) from submission. Project implementation periods extend up to 36 months. Eligible applicants are for-profit companies registered and operating in Estonia; nonprofits, universities, and individuals are excluded. Applications are submitted through the etoetus.rtk.ee portal. Given the 85% self-financing requirement, applicants should have committed equity or debt financing already secured before submitting, as EIS will assess financial capacity as part of the 30-working-day review.
Fixed-asset investments creating higher added value and strengthening international competitiveness. No explicit sectoral restriction.
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