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Seven Estonian DeepTech startups win €3.4M in EU funding
Another outsized win is scored by the Estonian ecosystem. Seven local DeepTech startups have secured a combined €3.37M in funding through the European Innovation Council’s Pre-Accelerator programme (EIC Pre-Accelerator), a competitive EU initiative designed to help early-stage companies develop their technology, sharpen their competitiveness, and prepare for larger international funding rounds.
Each successful applicant receives up to €500,000. The programme also acts as a stepping stone towards the EIC Accelerator — the main EIC funding instrument, where grants and investments run into the millions.
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Originally published on 28 Apr
Read MoreWork has begun on the Rail Baltica Kaunas Node section in Lithuania
The Rail Baltica Design Division of LTG Infra, the infrastructure company of the LTG Group, has officially begun design work on the Kaunas Node section. This is one of the most complex sections of the Poland–Latvia corridor due to its surrounding urbanized and natural areas.
Last year, LTG Infra took the initiative to establish a centre of excellence for high-speed rail design, which will complement and strengthen market capabilities. In the long term, this division — having accumulated experience in the design of high-speed railways and modern infrastructure – will be able to offer its expertise beyond Lithuania, as well as contribute to the further expansion of the European standard gauge network.
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Originally published on 7 Apr
Read MoreEstonia launches €10M push to cut business paperwork
State services are already fully digitalised for citizens in Estonia, but there’s more to improve in the business sector. Enterprise Estonia is rolling out three new grant schemes totalling €10M to help companies automate data exchange — both between businesses and between the private and public sectors.
The initiative sits within Estonia’s broader real-time economy (RTE) agenda, which aims to eliminate manual data handling by ensuring information flows automatically, in standardised formats, to the right parties at the right time. This will enable automated annual reports, real-time payroll submissions, and live inventory management — rather than PDFs and email attachments.
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Originally published on 30 Mar
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