Business Incubators: Helping Start-ups Become Successful

Tallinn City Enterprise Board has over the past few years built up in the form of business incubators a significant support measure for small businesses in Tallinn with the aim of increasing the competitiveness of start-ups, enrich the business environment of Tallinn and support the creation of new high value-added jobs. One of these business incubators is located in Ülemiste City.

By being located on the grounds of Ülemiste innovation city the Ülemiste business incubator can provide start-ups with potential facilities in one of Tallinn's most ambitious and perspective developing areas, where they can find in addition to customers also partners to keep developing their business in new and creative directions.

Usually start-ups don't have an existing network of partners or clients and this is where business incubators can help - by providing facilities in a business friendly environment, where new clients and partners can be located and personal networks are easy to develop as well as expand. Meanwhile businesses that outgrow the incubator can find space to expand right here, close to their present location, in Ülemiste City.

Ülemiste business incubator offers modern but affordable A+ office facilities in a location with good access, where you can meet with both prospective clients and partners. Our conference rooms are equipped with the best technical solutions suitable both for product/service presentations as well as more traditional meetings. Meanwhile, the location of several start-ups from different fields in close proximity allows for creative solutions to shared problems with knowledge and best practice sharing. Learning from each other helps start-ups avoid some of the more common mistakes and unpleasant surprises. In addition, the incubator has over several years developed its own network of both local and international contacts that can be of great use to most start-ups.

Tallinn business incubators also provide human capital development support funding of up to 200 euros every three months to allow start-ups to continually educate and train their employees or use the funding on consultations of problems and issues with professionals in specific fields which are outside the competence of incubator personnel. Life long learning is the cornerstone of every competitive business and this is what business incubators in cooperation with the city of Tallinn try to encourage.

By now more than a dozen businesses have left the business incubator. Entrepreneurs have kept developing their firms as systematically as they're used to in the incubators, occasionally surpassing even their own expectations. The key to their success has been incubator support that has allowed them to concentrate on the development of their core business, while analyzing the past and planning for the future.

Tallinn Business Incubators are also open to foreign firms looking for help in establishing themselves in Tallinn and Estonia.

For further information:

Jüri Saar
Ülemiste Business Incubator
Phone: +372 683 7940
GSM: + 372 520 8884
http://www.inkubaator.ee
blog.inkubaator.ee