Fund KredEx

Fund KredEx, Estonia

Fund KredEx, Estonia

general information

KredEx is a foundation set up by the Ministry of Economic Affairs and Communications in 2001 with the aim of providing financial solutions based on the best practices in the world acting as a NPI in Estonia.

As of January 2022, KredEx and Enterprise Estonia have merged and are now jointly called Estonian Business and Innovation Agency.  A transition phase will start in January, where a new structure and brand will be created for the joint agency. In the meantime, services will continue to be offered under the existing brands of Enterprise Estonia and KredEx. Under the KredEx trademark is offered the financial instruments for SME-s and energy efficiency schemes. The substantive merger will be completed in the course of 2023.

The main objective of the joint organisation is to support through the financial solutions and grants entrepreneurship and the improvement of living conditions in Estonia, increase our international competitiveness, visibility and attractiveness as a place for business, living, studies and tourism.

The joint

Continues to help: 

  • businesses to develop faster and expand safely into foreign markets by providing loans, 
    risk capital, credit insurance and guarantees backed by state guarantees
  • enable people to build or renovate their home and develop energy-efficient way of thinking.
  • improve people’s living conditions by offering loan guarantees for home purchases, backed by state guarantees and loans, guarantees and grants for implementing energy efficiency solutions 
  • develop the startup ecosystem and represent the interests of the startup sector as an umbrella organisation, so that Estonia will sprout increasingly more success stories in the field of technology. Entrepreneurship is of key importance in the implementation of the digital, green and innovation transitions.
  • develop business models and boost innovation 
  • increase export capacity and help manage export connected credit risks
  • attract high value-added foreign investments 
  • recruit top international professionals increase tourism revenue by making Estonia an attractive tourist destination


Mr Kaarel Aus – Head of Enterprise Division

Sepise 7
11415 Tallinn, Estonia
Tel: +372 667 41 00
Fund KredEx