Project result in category -
Joint knowledge intensive enterprise

Creation of knowledge-intensive companies and co-operation between them in the Tallinn-Helsinki area - Talsinki

The main goal of this project was to support the creation of joint new start-up companies between Estonian and Finnish wantrepreneurs. Through Talsinki activities 7 new joint startup companies were created. For that approximately 15 teams were created and over 200 companies participated in workshops, trainings and networking events. 

Achieved 7 new joint companies were mainly created via cross border investments. Out of 15 formed teams, 10 became cross-border teams. In addition the project partners ran their incubation programs where startups who were part of Talsinki activities also raised more private capital, alas, it was not cross-border.

Main achievements of the project were:​
- 201 startups and SME-s supported through the project
- approximately 2000 participants and 200 startup founders or Co-Founders took part of the Talsinki project activities
- approximately 100 startups were directed to business angels or investors (pitch events,1-1 meetings)
- Around 25 business support organisations and local public authorities were involved in various stages of the project.

Talsinki project strengthened the cooperation and collaboration in the Tallinn-Helsinki region, especially through project partner’s work. Collaboration with Estonian and Finnish Business angels is extended and continues also after the project. Project partners are active local startup ecosystem members and continue to provide incubation services. Multiple cross-border investments have followed after the Talsinki project.

At a glance
  • 7 joint companies
  • 4 cross-border investments to startups
  • 10 cross-border teams either formed or expanded
  • 201 startups and SME-s supported through the project
  • Appx 2000 participants and 200 startup Founders or Co-Founders took part
  • Appx 100 startups were sent to business angels or investors