Before plunging into the future, let's get a brief overview of the past of Estonian startup history. Estonian startup sector got its beginning in the 1990s and started its growth. In the early 2000s, the first Estonian startups were launched and the government programs and events regarding this sphere started their activity. In the 2010s Estonian economy was getting its future scale-ups and unicorns almost every year. By 2022, the number of active startups in Estonia overcame the 1300 mark (with 8000+ employees).
In 2014, the launch of the e-Residency program
and Startup Estonia began the new era of startup development. Since this moment, the number of new companies has significantly risen, while Estonia became startup-friendly and highly digitalized.