Large-Scale Investment Grant

Purpose of the measure

Encourages large-scale investment in Estonia, increasing businesses’ competitiveness, export capacity and added value. Each grant recipient creates at least 30 new jobs in Estonia with salaries at or above the sector average. Eligible costs must be at least 100 million euros. For large enterprises, the investment must create a new economic activity (a new EMTAK code); this restriction does not apply to SMEs.

Funding rate

10–15% of eligible costs (15% if salaries exceed 1,5x the sector average and the location is outside Harjumaa; up to 10% in Harjumaa)

Eligible activities

• Purchase and rental of tangible assets
• Construction and reconstruction of buildings
• Acquisition of intangible assets
• Equipment setup and transport