Let’s celebrate high-flying Estonian companies!

There are two ways for a company to enter the competition. All companies are invited to apply for the competition by completing the application form for the relevant category or categories. Alternatively, companies can also be recommended for the competition. It means that a business partner, client, industry association, local government, or anyone who recognises the company’s achievements submits a recommendation form. The category manager at Enterprise Estonia will contact the company to inform them about the recommendation. If the company chooses to proceed, it must confirm its participation by submitting the application form.

The competition is open to private limited companies (OÜ) and joint-stock companies (AS), non-profit organisations and foundations are not eligible to participate.

Participating companies can highlight not only their financial performance, but also the broader impact of their activities and achievements. We strongly recommend reviewing the competition statutes beforehand to choose the most suitable category for the company’s activities and accomplishments.

Applications may be submitted in multiple categories; participation is also open to those who have applied in previous years.

Participating in the competition gives companies the opportunity to showcase their achievements and increase their visibility.

Achieving top rankings in the competition has helped companies acknowledge their employees, build credibility with (international) partners, strengthen business relationships, enhance their employer brand, and gain positive media coverage.

Being among the TOP 3 in a category comes with a broader marketing and media campaign. Companies will also receive marketing materials in Estonian and English, which they can use to highlight their success and build trust among partners and clients.

Applicants are evaluated in different stages by juries, while category managers provide feedback on the company’s strengths and suggest areas for further improvement. If Enterprise Estonia offers grants or services that could support the company’s development, relevant recommendations will also be provided.

TOP 5 companies in each category will be selected from all applicants. The shortlisted companies will be announced in the second half of July.

Between late July and mid-August, category managers will visit the TOP 5 companies to verify and refine the information submitted in the applications.

After the visits, the juries will select three nominees per category, who will be announced in early October.

From the TOP 3, the final jury will determine the category winners, who will be revealed in mid-October.

The Estonian Chamber of Commerce and Industry’s Competitiveness Ranking competition runs concurrently with the Entrepreneurship Award competition.

The Company of the Year is selected from the seven category winners of the Entrepreneurship Award competition and the three category winners of the Competitiveness Ranking.

The category winners will be awarded, and the winner of the “Company of the Year 2025” title will be announced at the “Estonia´s Best Companies” awards gala on 1st of November. All category nominees will be invited to the event, which will also be broadcasted on television.