Tartu is the second largest city in Estonia, after Estonia’s political and financial capital Tallinn. Tartu is often considered the intellectual centre of the country, especially since it is home to the nation’s oldest and most-renowned university, the University of Tartu. The city also houses the Supreme Court of Estonia and the Ministry of Education and Research. Situated 186 kilometres (116 miles) southeast of Tallinn and 245 kilometres (152 miles) northeast of Riga, Tartu lies on the Emajõgi River, which connects the two largest lakes in Estonia – Lake Peipsi and Lake Võrtsjärv. The city is served by Tartu Airport.
How to Earn if there Is Nothing to Burn Startups are prospering in Tartu. In 2016, dozens of new ventures raised capital, and the city hosted more than 60 startup related events. These events have attracted more than 2 600 people involved in the tech industry.
This current prosperity can be attributed primarily to the ecosystem, explains Rein Lemberpuu. A former CEO of gaming giant Playtech Estonia, Rein is committed to making Tartu an attractive city for startup founders. To achieve this objective, he believes intelligent cooperation must exist among key players in Tartu. In addition to mentoring and investing in startups, building software products, and developing office spaces, Rein Lemberpuu has worked on developing partnerships with startup founders, the city government, and the University of Tartu. Even in the digital age, a startup ecosystem needs a physical space in which to thrive. Just recently built, the SPARK and sTARTUp Hub office spaces have become a new home for the local tech community. These locations embody Lemberpuu’s willingness to cooperate with other players. The hardware accelerator Buildit is now based at SPARK for instance. The office space will also soon welcome a Makerlab and a showroom for Estonian businesses called SparkDemo. Both initiatives are the result of collaborations with both public and private organizations, which are set to work together in order to organize a new business festival to promote startups in Estonia.
LIFE IN ESTONIA #43