Estonian Startup Ecosystem Tallinn, 2019 startupestonia.ee - PowerPoint PPT Presentation

Estonian Startup Ecosystem Tallinn, 2019 startupestonia.ee #startupestonia

Maarika Truu Head of Startup Estonia Estonia. Your startup OS. Start Europe here startupestonia.ee #startupestonia

Estonian Startup Scene in Numbers 650 startups, of which 130 startup visa founded Startup founders: 18% foreigners, 15% women 4900 new jobs created, 46% women, 20% foreigners Startups paid €32.7M in employment taxes (2019 1st Half), 72% of the total in 2018 Raised over €1.1B in the last 12 years (90% startupestonia.ee #startupestonia foreign funds)

Global top for Unicorns per capita On their way to unicorn status startupestonia.ee #startupestonia

Investments into Estonian Startups Biggest exits: 2012 Modesat to Xilinx 2014 GrabCad to Stratasys 2017 Zeroturnaround to Rogue Wave Software startupestonia.ee #startupestonia

Startup Estonia A-Team A team of 9 people Mission driven startup minded small team #startupestonia

Startup Estonia is supercharging the Estonian startup ecosystem to create more international success stories. startupestonia.ee #startupestonia

Focus Areas in Startup Estonia startupestonia.ee #startupestonia

Estonian Startup Community More info: https://startupestonia.ee/startup-ecosystem startupestonia.ee #startupestonia

startupestonia.ee #startupestonia

Attracting talent (since January 2017): Startup Visa - founders from non-EU countries - new talent to Estonian startups Altogether 1503 individuals have relocated or granted the right to move to Estonia! - TOP countries for founders: Russia, Iran, Turkey, India - TOP countries for employees: Brazil, India, Russia, Ukraine #startupestonia

Startup Visa vs e-Residency Startup Visa e-Residency ● Physical access to the ● Virtual access to the Estonian Estonian ecosystem ecosystem ● Permit to enter the country ● Not a permit to enter the country ● Main goal - relocation ● Main goal - ease of doing business ● 1650 + applications from 90 remotely by using Estonian e-services countries, 35% success rate 65,000+ e-residents ● startupestonia.ee #startupestonia

Ease of access To the country To c-level business people/advisors and VC’s To highest level government officials To the rest of the EU markets startupestonia.ee #startupestonia

Feedback ”Startup Visa gave us access to the European market” – Pavel Kirienko (Russia) His startup Zubax Robotics is designing and manufacturing aerospace hardware. startupestonia.ee #startupestonia

Feedback ”Things are good here in Tallinn! The tech scene is very active, and the connections here are very close. It is easy to get to know someone relevant in the industry” – Kwun Lok Ng (Hong Kong) His startup Kipwise is building a Slack integration that helps teams create and share learnings and the whole team can add comments and annotations to the content without having to leave Slack. startupestonia.ee #startupestonia

Feedback ”We made a matrix listing many jurisdictions, and crossing taxes, regulation and costs. Plus, because of our idea of approaching the EU market in the future, Estonia jumped to the top of the list.” – Edilson Osorio Jr. (Brazil) His startup OriginalMy allows a Proof-of-Authenticity, Digital Signature, Digital Certificate and Document Authenticity via Blockchain. startupestonia.ee #startupestonia

Get up-close with Estonian startup community Startup Week Robotex Startup Day Latitude59 Tallinn 29 Nov-1 Dec, 29-31 Jan, 28-29 May, 2020 11-15 Nov, 2019 2019 2020 startupestonia.ee #startupestonia

Follow us: www.facebook.com/ startupestonia www.twitter.com/ startupestonia www.startupestonia.ee #startupestonia

Maarika Truu maarika@startupestonia.ee startupestonia.ee #startupestonia