koostööaluse

Koostööaluse refers to a cooperation agreement between an entrepreneur and an enterprise that provides them with financial assistance. This type of agreement is commonly used in Estonia, where it is a key instrument for innovative entrepreneurship development. The agreement is based on a specific set of rules and requirements that must be fulfilled by both parties.

Under a koostööaluse, the enterprise agrees to provide the entrepreneur with financial assistance, usually in the form of a grant or a loan, in exchange for a commitment to implement a specific business plan or project. The entrepreneur must meet certain conditions, such as creating a new job or achieving a certain level of revenue, in order to access the funds. The enterprise, in turn, benefits from the knowledge and expertise gained from the collaboration.

Koostööaluse was introduced in Estonia in the 1990s as a means to support the development of small and medium-sized enterprises. Since then, it has become an important tool for entrepreneurship development, helping many businesses to grow and innovate. The agreement can be used for various purposes, such as launching a new product or service, expanding existing operations, or investing in research and development.

To be eligible for a koostööaluse, an enterprise must meet certain criteria, such as being at least 50% privately owned and having a clear business plan. The entrepreneur must also demonstrate the ability to implement the project and meet the required conditions. The agreement is typically for a specific period, usually 3-5 years, and is subject to monitoring and evaluation to ensure that the conditions are met.