andrus viirg - enterprise estonia - stanford - jan 23 2012
TRANSCRIPT
#estonianmafia Andrus Viirg Enterprise Estonia Silicon Valley [email protected] www.estonia.eu www.investinestonia.com
January 23, 2012 @ Stanford Engineering European Entrepreneurship & Innovation
ENTERPRISE ESTONIA
State foundation for Business Support & Development: implementing agency of the EU structural funds in Estonia
budget 1.3 billion USD (2007-2013)
ca 300 employees
financing and other support schemes for enterprises, R&D and non-profit institutions
Investment, Trade & Innovation Promotion – assisting international companies to estonianize
– assisting Estonian companies to internationalize
– facilitating tech & knowledge transfer
– Foreign Representative Offices:
Helsinki , Hamburg, London, Stockholm
Moscow, St. Petersburg, Kiev,
Shanghai, Tokyo and
Silicon Valley
Estonia Republic of Estonia (1918-1940) & 1991 ..... Member of EU, NATO (2004) Population: 1.36 million Territory: 17 464 sq mile Currency board arrangement (1992-2010) Joined the EURO currency Jan.1, 2011
GDP: 19 billion USD GDP per capita: 14 000 USD (2010) Exports 76% of GDP transit trade comprising over 80% of the general transport of goods.
TALLINN – one of the oldest capital cities in Northern Europe
• first mentioned in 1154 (as Kolyvan) by an Arab geographer Muhammad al-Idrisi (map:Tabula Rogeriana)
• combines new and old: Medievial Old Town (UNESCO World Heritage Site) and modern City Center
slide shared by Robin Wauters during Seedcamp Week in London (sept.2011), where out of 20 companies 4 Estonian startups presented and two 2 became finalists.
GrabCAD, is a mechanical engineering community and a marketplace Sportlyzer is an online training advisor.
Estonia produces a disproportionate number of startups per capita
Wired European Startups
Tallinn has some heavyweight tech credentials, but new companies are emerging. Garage48, a monthly two-day hackathon, has spawned several startups
The Wired Magazine By Tom Cheshire 16 August 2011
integrating into Scandinavia
birthplace of Kazaa & Skype
NATO Cyber Defence Centre
EU IT Agency
e-Estonia
Estonia behind the scenes
– Tallinn University of Technology www.ttu.ee
- 14,000 students
- Tallinn Technology Park: www.tehnopol.ee
– Tartu University (est. 1632) www.ut.ee
- 17,000 students
- Tartu Biotechnology Park: www.biopark.ee
- Tartu Science Park
www.sciencepark.ee
Universities & Tech Parks
Not only e-Estonia
• Cleantech & energy efficiency www.crystalsol.ee www.goliath.ee www.elcogen.ee
www.yogasystems.com
• Oil shale mining, chemistry, oil extraction – www.vkg.ee www.shaleoil.ee www.enefit.com
Enefit acquired 100% of OSEC (Oil Shale Exploration Company) shares and became the owner of the largest tracts of privately owned oil shale properties in Utah. Enefit is planning to construct an oil shale plant with a
capacity of 57,000 barrels of shale oil per day at full production.
• Metal constructions and antennas of ground stations for sattellite communication www.vertex.eu
• Rare metals used in high-tech industries – www.silmet.ee acquired by Molycorp, US April 4 2011
3 000 metric ton of rare earth products annually:
2% of global production (China 97%)
把瑠都 凱斗 Baruto Kaito
Winner of Sumo Hatsu Basho
Jan.22 2012, Tokyo Japan (top divison championship)
Estonia – Silicon Valley/California
• www.egeeninc.com
• www.erply.com
• www.zerply.com
• www.fortumo.com
• www.fotki.com
• www.guardtime.com
• www.modesat.com
• www.programeter.com
• www.oak-biotech.com
• www.spmtips.com
• www.yogasystems.com
• www.300mg.com
• www.pipedrive.com