Estonian largest completion of business ideas opens its 9th season. The submission of ideas is open until October 25th. The prize fund for the competition is 60 000 €.

“The main idea of Ajujaht competition is to encourage people to become entrepreneurs and start their own business. Over the last eight years, the competition has been in a constant development, both the ideas as well as the participants have become more mature,” explained Tea Danilov, from Esterprise Estonia, the initiator of the completion Ajujaht.

SEB bank has been the partner of the competition since its birth and will continue supporting the cause for the next three seasons. Mart Maasik, the head of SEB Business Innovation said that Ajujaht has become a competition for realizing actual business ideas and the main target group is no longer just students but employed people who are considering a career change. „Supporting Ajujaht is an important step in developing the Estonian business environment in general. The competition has inspired many future stars. The more vital Estonian companies are, the stronger is Estonian economy,“ added Maasik.