Enterprise Estonia Supports Technology Investments with EUR 20 mln
OREANDA-NEWS. July 27, 2009. The Enterprise Estonia Foundation gave 315 million kroons (EUR 20 mln) support to technology investments of 39 industrial companies.
Nearly 170 companies filed applications in the second round of technology investment subsidies, applying for a total subsidy of 900 million kroons.
Enterprise Estonia gave the biggest sum of investments, more than a hundred million kroons, to engineering companies, which accounted for nearly one third of the applications.
Enterprise Estonia invested more than twenty million kroons into printing, wood processing, food industry and rubber and plastic products manufacturing.
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