Estonia opened the first Business Hub in U.S. Located at the Embassy of Estonia in Washington, D.C., the Business Hub will serve as a bridge between Estonian companies and the vast business opportunities in the U.S. market. A delegation of Estonian defence industry innovators was present at the opening event, also attending the annual AUSA conference.
The Embassy of Estonia facilitates the business linkages between Estonia and the US to the US and Trade Estonia, the state organization helping Estonian companies establish opportunities in international markets.
“Estonia and the U.S. have a longstanding relationship built on shared values such as innovation, digital advancement, and economic freedom,” said Estonian Ambassador Kristjan Prikk. “We are thrilled to host some of the most innovative defence technology companies in Estonia and look forward to working with them to build increased awareness, support innovation and support collaboration to advance trade opportunities in the U.S,” said Prikk.
The Estonian defence sector’s visit to the US, lead by the Estonian Defence Industry Association, is among several initiatives aimed to provide Estonian companies with the resources to establish connections with U.S. partners, build valuable relationships, and seize opportunities in one of the world’s most vibrant economies.
Business hub opens doors for Estonian and US companies
Estonian defence companies develop advanced technology-based solutions and innovative systems to address national and international security challenges. The country’s defence sector includes, but is not limited to, companies operating in Cyber Defence, Robotics, Autonomous Systems, Sensors, Communication Technologies, Surveillance, Electronics, Equipment, and Vehicle Maintenance.
Estonia is known as the “Unicorn Nation,” boasting the highest number of unicorn companies per capita in the world. Estonia is also hailed by many as the world’s most advanced digital society. In Estonia, 99% of public services are online. For new businesses, it takes 15 minutes to establish a company and three minutes to file taxes. This digitally advanced ecosystem has resulted in accelerated innovation and growth for Estonian companies, supporting export of products and services to over 120 countries worldwide.
Are you interested in trading with Estonia? Enterprise Estonia is providing sourcing service for foreign enterprises. Contact Estonian export advisors or use our free e-consulting service to start trade with Estonia.