Created by researchers at the University of Tartu, the spin-off Vectiopep has raised €450,000 from an investor syndicate led by Ivo Remmelg and Dag Nurm to help the company reach the next stage of growth.
The new UT Centre for Entrepreneurship and Innovation is Mihkel Tammo, a man with a diverse entrepreneurial and leadership background and the former head of the Entrepreneurship and Innovation Centre of Enterprise Estonia.
Alongside the creation of new technologies, Ida-Virumaa's transition to a sustainable economic model requires diversified skills and support for the development of research-intensive businesses.