Archive for September, 2009

The biggest Start-up mistakes 2: Product Related

In: Venture Capitalists

29 Sep 2009

  This is a second column  from an entrepreneur and lawyer Yrjö Ojasaar (pictured), who’s a fan of TigerPrises.com. Your product is not just the innovative new app/gizmo you invented. Customers usually expect an “out of the box” single source solution for their needs. The more assembly, coordination and troubleshooting the product requires, the cheaper [...]

IN DEPTH REPORT: Estonia’s Groovy Plan to cover Whole Country with Broadband Internet by 2015

In: Companies|Venture Capitalists

28 Sep 2009

What a coincidence: Estonian telecom companies declared joint efforts to provide the whole country with fast broadband Internet access by 2015 and the next day, the telecom giant Ericsson announced that it will develop a mobile networks factory in Estonia of key importance for the whole region. The recently established Estonian Broadband Development Foundation has [...]

Yet another magnificent victory for T+1 Solutions in Navteq Global Challenge

In: Companies

25 Sep 2009

Forbes has announced that Navteq, the leading global provider of digital map, traffic and location data has chosen the overall 2009 Navteq Global LBS Challenge Champion. And it is T+1 Solutions from Estonia that wins a 10,000 USD cash prize, awarded in addition to the previously received Grand Prize Winner’s prize from the Americas region [...]

“Do-yourself-a-mobile-service” portal Fortumo conquers Asia with some Taiwanese help (VIDEO)

In: Companies

21 Sep 2009

Fortumo, an Estonian developer of mobile phone services, is planning a penetration into Asia, targeting China, Malaysia, Indonesia, Taiwan and other countries. In order to achieve success there, a Taiwanese sales team has been recruited to work in Tartu. Fortumo – create your own SMS service in five minutes and earn money! – is one [...]

Estonians to lauch world’s first e-Bank of Happiness

In: Companies

18 Sep 2009

Soon everyone can exchange good deeds in the Õnnepank – world’s first e-Bank of Happiness. The goal of the bank is to promote the idea of doing good deeds …for free. Bringing together those who are in need of help and those who can help. In the e-bank one can exchange information on needs, offer [...]

Indilo Wireless is cooking sexy apps for iPhone (VIDEO)

In: Companies

17 Sep 2009

In Tartu Science Park, there is a company that can be referred to as the most competent Apple and Android platform services developer in the Baltic States. This company is Indilo Wireless.  Elver Loho (pictured), CEO of Indilo Wireless claims that iPhone, the globally successful cult gadget, is used by more than 30,000 people in Estonia, [...]

Track24.eu helps you save a lot of money on fleet management

In: Companies

15 Sep 2009

Estonian GPS solutions provider Track24.eu will take a step towards total truck fleet management by adding two way communication to its GPS terminal solution. There are numerous ways how modern technology can help logistics, road construction and other companies dealing with cars, trucks and heavy machinery. Track24.eu is one of the leading Estonian GPS solution [...]

INTERVIEW: What makes Playtech so eminently successful?

In: Companies

14 Sep 2009

The following interview was first published in May 2009 in innovation magazine HEI. Juha Olavi Korhonen (pictured), the General Manager of the Estonian division of Playtech, a company which develops gaming software, says that the company is choosing its customers very carefully and refusing to do business with many others. The effects of the global crisis [...]

The biggest Start-up mistakes: Intellectual Property Related

In: Companies|Venture Capitalists

9 Sep 2009

This is a column (first from a series) from an entrepreneur and lawyer Yrjö Ojasaar (pictured), who’s a fan of TigerPrises.com Start-ups face the old dilemma – walking the path is much harder than knowing the path. Everything a successful start-up needs to know is available on the internet and its almost always free. But [...]




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