Yesterday 15 October, a new business hub opened at the Estonian Embassy in Washington DC, aimed at boosting business diplomacy by presenting business opportunities in Estonia to US entrepreneurs and public, and vice versa – showing the possibilities of the US market to Estonian companies. The opening event included an investment seminar for the defence industry attended by a defence industry delegation from Estonia
The Estonian Business Hub, the first of its kind in the United States, offers tools for Estonian companies of all sizes for establishing contacts with US partners and boosting relations, and facilities for business meetings, product presentations, displays, and events. The hub offers information on Estonia’s business environment, e-state solutions, green technologies and cybersecurity and presents Estonia as an investment environment.
“The close relations between Estonia and the United States are largely based on shared values, such as democracy and respect for freedoms,” Estonian Ambassador to the US Kristjan Prikk said. “Both Estonia and the USA also value innovation, digital development and economic freedom. I am convinced that the economic ties between Estonia and the US can be enhanced and the Business Hub is definitely a good opportunity for this.”
The ambassador noted that when it comes to entering foreign markets, a phone call or an email may not be enough. “Immediate contacts and seeing the products first hand increases the likelihood of cooperation,” Prikk said. “As the Business Hub is located on the premises of the Estonian Embassy, the support and advice of the embassy staff can also be ensured.”
It is the third Estonian business hub in the world. Last year, business hubs were opened in Seoul and Singapore. Next business hubs are set to open in London, Paris, Riga, Berlin and Copenhagen.
If you wish to use the facilities and technical equipment in cooperation with the Embassy in Washington, please contact the embassy by emailing [email protected].
Additional information about the market and business opportunities of the United States is available on the website of the Estonian Business and Innovation Agency.
Photos of the opening of the business hub.
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