| Program name or activity | SmartCap |
| Recipients | Innovative, ambitious companies with great potential. |
| Place of origin | Estonia. |
| URL | http://www.arengufond.ee/en/about-arengufond/overview/ |
| Contact | info@arengufond.ee or 616 1100 |
| Description | The aim of the investment activities of the Development Fund is to facilitate the birth of such companies and to support the growth of a venture capital market. There are 20 companies in the portfolio of the Development Fund and SmartCap. |
