The Developing Startup Ecosystem in Estonia

The Developing Startup Ecosystem in Estonia

I left my home country Estonia around 5-6 years ago. The term ‘startup’ was fairly new at the time. TransferWise was still in baby shoes and E-Residency wasn’t opened up yet for the wider world. I had already been working with UK companies from Estonia for several years before leaving and it made perfect sense to continue my journey in the UK.

Last week I visited Estonia for a different reason than usually, I attended the biggest Startup Event in the Baltics ‘Startup Day’ in Tartu, which brought together around 2700 entrepreneurs, founders, experts and investors from across the world. I was stunned – about the level of commitment from the organisers team, the top level people they’ve attracted as speakers, the level of startups who pitched at the event on different tracks, and overall buzz and energy. And I was really proud to be there and say that I’m from Estonia, specifically from Tartu. So I thought I'd share some of the highlights from these three days with you.

How to find your first Angel Investors?

How to find your first Angel Investors?

One of the biggest concerns for startups is raising money. Unless you have friends or family to turn to or you've decided to go for crowdfunding you most likely need to find your first Angel investors.
Your first investors can determine the future of your business so it’s important you make a wise choice. One thing is for sure, you need to kiss a lot of frogs before finding the right one.

Should you join an accelerator programme?

Should you join an accelerator programme?

There are more than 140 startup accelerators in Europe while five years ago we only knew about the existence of Y Combinator, Startupbootcamp and Techstars.
Although startup accelerator programmes have become an integral part of startup ecosystem and there are plenty to choose from, I decided to dig deeper and find out if the experience is really worth it by questioning a few startups from different countries who have attended the programme and the ones who decided not to. So here are some findings:

10 Mistakes You Will Make as a First Time Entrepreneur

10 Mistakes You Will Make as a First Time Entrepreneur

Wantrepreneurship is fun until you step into the world of entrepreneurship within the real startup scene. It might seem easy from the outside but once you plunge into it you will realise how many challenges it takes to become a successful entrepreneur.
It’s no longer a surprise that some 90% of startups fail, but the good news is that failure can lead to success if you are consistent enough to keep on trying. Before jumping into it, I’d like to share my experience.