Estonian Business Incubators (0)

Euroacademy
Faculty of the international relations
Darja Antipina
Estonian Business Incubators
Essay
Tallinn 2012
We can define business incubators as a specially designed programs to maintain successful development of entrepreneurial companies .
There are more than 800 business Incubators in Europe and they devise into 2 main groups: 1) Incubators that focused on general business support 2) focused on technological areas. In Estonia exist Incubators in operation and new initiatives are underway.
In my essay I allocate those Incubators, which are located in Tallinn. There are: Kopli Business Incubator, Ülemiste Business Incubator, Tallinn Creative Incubator. I focus on two of them : the Ülemiste Business Incubator which is created for technology -based service providers and innovative start- ups. This Incubator can offer modern office facilities in a location with a good success. The place is suitable for meetings with a perspective clients. The location of some start-ups from different fields allows to share problems with knowledge. Learning and practicing helps to avoid some typical business mistakes and difficult situations. Moreover , this Incubator has developed own network and can be the great use to most start-ups. In Ülemiste City start-up can grow and expand. This Incubator has also close co-operation and networking with other Ülemiste City companies.
Another Incubator in Estonia is Tallinn Creative Incubator, which was opened in September 2009 and it had already begun to provide support for creative enterprises in 2008. The idea of creation about Incubator was born from Kärt Summatavet when he became a client of Incubator. The Creative Incubator generates its own income from the rent of rooms and sales of services and training sessions, and businesses are subsidised by up to 75%. The function of the Creative Incubator is to provide a supportive environment for creative enterprises by initially providing them with incubation services. Main focus is to do better the business expertise of creative enterprises and to establish a soft infrastructure and help interprises become international. Five top Estonian designers have joined the Tallinn Creative Incubator. Their international awards and recognition is an encouragement for other Creative Incubator clients.
Creative Incubator partners have included the Estonian Academy of Arts , Mainor Business School Design Institute, the Estonian Association of Designers and the Estonian Design Centre .
In my personal opinion I suppose that Estonian Business Incubators are perspective and can be competitive with European Incubators, but for the best result (I mean for investors) Estonian Incubators need more attraction and advertizing.
Tallinn Business Incubators are open to foreign firms , which are looking for help in establishing in Tallinn.