How a digitally transformed government boosts business and startup success?
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Having been a pioneer in e-government services, Estonia has developed a unique startup ecosystem that has resulted in 10 ($1 bn valuation) unicorns growing out of Estonia whereas Estonia has consistently performed as Europe’s top per capita VC investment ecosystem.
What lies behind Estonia’s success story is digitalisation and ability to be a home to many cross-border startups and businesses through Estonia’s e-Residency programme. e-Residency is Estonia’s digital identity that has been acquired by over 120,000 founders from 185+ countries, including 7,000 Germans have founded over 34,000 new businesses as well as 1/3 of Estonian startups. In 2022, Estonia broke the world record in fastest company establishment in 15 minutes and 33 seconds.
Meet Mats Kuuskemaa, Country Director for Germany, Austria and Switzerland at e-Residency and serial founder Damir Tomicic who has built up companies in Germany and Estonia. Damir is former CEO of Axinom and is currently Co-CEO of Run.Events and Managing Director of Business in Tech.
