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Cleantech Scandinavia expanded its network into the neighbouring Baltic region and from now on will include Estonia, Latvia and Lithuania in the coverage of deals, investment opportunities and business intelligence.
We are proud to announce six new members who have become the Founding Members for our new initiative in the Baltic countries: Arengufond, Estonia; BaltCap, Estonia - Baltics; Conor Venture Partners, Finland; Eko Investors, Latvia; Enterprise Estonia; and LitCapital, Lithuania.

arengufond
Arengufond, Estonia
www.arengufond.ee
Arengufond, the Estonian Development Fund was launched in April 2007 by the Estonian Parliament with the purpose of initiating and supporting changes in the Estonian economy and society that would accelerate modernisation of the economic structure, lead to growth in exports and contribute to creating new jobs requiring high qualifications.

baltcap_small
BaltCap, Estonia – Latvia - Lithuania
www.baltcap.com
BaltCap was established in 1995 and has since become one of the leading private equity and venture capital investors in the Baltic States with offices and operations in Estonia, Latvia and Lithuania. BaltCap supports strong management teams and companies with a vision to grow in the Baltics and beyond.

conor_small
Conor Venture Partners, Finland
www.conor.vc
Conor Venture Partners is a technology focused venture capital fund and management company. Conor invests in early-stage companies originating from Finland, Sweden and the Baltics. Investment areas include information and communications technology, embedded software, semiconductor technology, electronics, new materials and optics.

eko_investors
Eko Investors, Latvia
www.ei.lv
Eko Investors is a fund and company management firm, established in 2000, which has managed two venture capital funds, and has made more than 30 start-up and expansion stage companies in Latvia. Eko Investors offers investments, along with managerial and strategic support for new and high potential companies.

enterprise_estonia_small
Enterprise Estonia
www.eas.ee
Enterprise Estonia was established by the Ministry of Economy and is responsible for a wide range of tasks related to regional development, investment and trade in Estonia as well as tourism promotion. It is one of the largest institutions within the national support system for R&D and innovation.

litcapital_small
LitCapital, Lithuania
www.litcapital.lt
LitCapital is an SME expansion capital fund dedicated to investing in Lithuanian SMEs. The fund was launched on 31 May 2010 and its current size is 20 million Euro. The cornerstone investor is the European Investment Fund.

This initiative was also supported by one of our exsisting members, Borenius Group.
borenius_logo
Borenius Group, Finland - Baltics
www.boreniusgroup.com
Borenius Group is a group of law firms which operates in Finland and all three Baltic countries. The companies in the Borenius Group include Borenius & Kemppinen in Finland, Luiga Mody Hääl Borenius in Estonia, Liepa Skopina / Borenius in Latvia and Foigt & Partners/ Regija Borenius in Lithuania.

An introduction report "Emerging Cleantech Sector in the Baltics", highlighting the cleantech development potential as well as some key actors in the region has been prepared and is now available. Click here to download the report.