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Innovation Loan (Innovatsioonilaen)

Innovation Loan (Innovatsioonilaen)

Offers research teams and institutions for Innovation Loan Continuous in artificial intelligence, biotechnology, and climate technology.

The Innovation Loan (Innovatsioonilaen) is a concessional debt instrument operated by Ettevõtluse ja Innovatsiooni Sihtasutus (EIS), Estonia's state development agency, providing continuously available financing for Estonian companies pursuing innovation at Technology Readiness Level 5 or above. EIS lends directly rather than granting funds: the borrower receives capital and must repay the full pr

Concessional loans up to €5M for Estonian companies financing innovative projects at TRL 5 or above, including applied research, product development, and market entry.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.
Project durationiHow long the funded work is expected to run.
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Loan
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.10%
Funding pooliThe total budget available across all awards in this round.

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Last verified: 28 May 2026Source: eis.ee