The business consultants of regional development centres offer free counselling to entrepreneurs, thereby supporting and guiding the development of entrepreneurship in counties.
How to get started? How to develop your company and reach the next level? How to orient in the grant system and find information necessary for business activities? – These are some of the questions with which consultants at development centres are glad to help you with.
Free of charge business counselling available to all entrepreneurs provides them with an opportunity to make calculated development decisions and reach the goals set in their business plans.
Starting a business
There are a number of things you need to think about before starting a business. Important issues to consider are your personal qualities, willingness to take risks and your sense of responsibility. Before taking the first steps, it’s a good idea to think everything carefully through and write down a business plan. As an inspiration you can use the guide to preparing a business plan prepared by the Estonian Unemployment Insurance Fund found HERE.
A business plan is your well thought out plan of action, which is both your in-house management tool and, if needed, a source of information for future investors, supporters and partners. By clearly defining your goals, an entrepreneur can avoid costly mistakes and make the right decisions for his or her business.
The first step in starting a business is choosing the format of entrepreneurship that depends first and foremost on your chosen field of business, the risks, requirements, financial resources and goals connected to it.
In order to compare the main characteristics of various forms of business please see www.eesti.ee.
We offer start-up companies advice on the following topics:
- Business forms, incorporation and registration
- Analysis of business ideas
- Assistance in preparing business plans, financial forecasts and financing applications
- Taxes and reporting
- Company’s internal processes
- Organizing sales and marketing
- Information on support measures and assistance in applying for grants
- In addition, we organize information days, seminars and trainings for start-ups.
Counselling at the county development centre is free of charge for budding entrepreneurs!
Please make an appointment in advance by phone +372 5551 7755 or e-mail email@example.com
Adviser for start-up companies and budding entrepreneurs is Margit Kool.
The Mentoring Club is a comprehensive mentoring program for newly established companies and budding entrepreneurs to help participating companies become more successful, confident, aware and happier in the future. The club-like form of activity is very useful, as the participating companies can exchange experiences with other entrepreneurs that inspire, motivate and help them to expand their network of contacts.
Target group: The activities are primarily aimed at companies that have been in business for 1-3 years.
- support start-up entrepreneurs and newly established companies in the county
- increase entrepreneurial knowledge and networking
- sharing experiences
- business-to-business communication
- transfer of knowledge from mentors to mentees
- Mentees have an opportunity to identify challenges and problems related to their companies and provide a brief description of those to the mentors in order to receive their feedback and guidance for solving the problems;
- Each mentee has a designated mentor in the Mentoring Club, but depending on the specific nature of the mentee’s problems, the mentee can also contact any other mentor participating in the Mentoring Club;
- It is fully up to the mentee whether to accept and implement the guidance or solutions provided by the mentors or not, with no mentor’s involvement in making the final decision.
- The role of a mentor in the Mentoring Club is to guide the mentees in finding solutions to their various business-related problems;
- The mentor helps the mentee to set goals and find the solutions needed to reach these goals and to develop an action plan to be implemented;
- The mentor, together with the mentee, analyses the latter’s problems and, if necessary, directs the mentee towards setting next goals;
- Guidance is the tool used by mentors in finding solutions to mentees’ problems and the mentor does not make decisions for the mentee.
Target group: start-up entrepreneurs who created their company within the previous 24 months.
The start-up grant aims to support the creation of enterprises that have a lot of development potential, and thereby expand regional entrepreneurship and the number of exporters. Companies that receive the grant have an obligation to meet certain goals, such as creating 2 new jobs and increasing sales revenue at least to the level of EUR 80,000 by its third year of operation since receiving the grant.
The terms and conditions of the grant can be found on the grant provider’s website: https://www.rtk.ee/toetused/toetuste-rakendamine/ettevotlus-ja-kulastuskeskkond/starditoetus
Pärnu City’s Business Grant
The aim of the business grant is to increase the competitiveness of small businesses and thereby to develop overall entrepreneurship environment in the city of Pärnu.
In order to be eligible for that grant the applicant must be a small company with fewer than 50 employees and a total annual turnover and/or annual total balance sheet not exceeding € 10 million. Additionally, the applicant’s principal place of business must be located in the city of Pärnu (including the rural municipalities) and the company has to have been operating for at least one financial year.
More information about the grant can be found on the City of Pärnu website: https://parnu.ee/linnakodanikule/ettevotlus/teenused-toimingud/ettevotlustoetus
Unemployment Insurance Fund’s Business Start-Up Subsidy
The business start-up subsidy is financial aid, the objective of which is to provide motivation and support in starting a business. The subsidy is granted for the commencement of economic activity through a new company being founded or as a sole proprietor.
This subsidy can be applied for from the Unemployment Insurance Fund by an unemployed person or a non-working person of retirement age registered as a jobseeker, who:
- has completed at least 56 hours of business training;
- has a vocational or higher education in economics;
- has at least 1 year of business experience.
In case of interest, please apply here: https://www.tootukassa.ee/eng/content/subsidies-and-benefits/business-start-subsidy .
The following institutions also grant financial aid to rural undertakings:
Green Riverland Partnership – Rohelise Jõemaa Koostöökogu
Gulf of Pärnu Partnership – Pärnu Lahe Partnerluskogu