The International Trade Council (ITC) event “Go Global Awards” culminated with gala evening in Tallinn. Business world’s Oscars conference and gala brought together hundreds of senior executives from the world’s most innovative manufacturers, re-manufacturers and exporters, along with representatives from government bodies, trade associations, venture capital firms and financial institutions.
Nanoksi was chosen as the winner in the category High-Tech products and services, NanoTech. It was an honor to participate in the International Trade Council’s Go Global Awards to celebrate the companies driving the economy forward through their innovations, technologies, and strategies.
“This is the first time that this international event, with more than 30 years of history, took place in a Nordic country, and it is no coincidence that it was in Estonia,“ said Solomon Addai, ITC Senior Board member. “First, Estonia as Enterprise Estonia won the best Trade Promotion Agency title in the last year’s edition. And also the future vision of Estonia, its dizzyingly quick development inspired to see the story of bold decisions and agility on the very spot,“ he added.
Estonia is hailed as the world’s most advanced digital society (by the Wired magazine et al.). The legislation is transparent and built to help businesses grow and not hinder progress with red tape. In brand new International Tax Competitiveness Index 2022 Estonia has gained the highest ranking in the world.
99% of public services are online. It takes 15 minutes to establish a company and 3 minutes to file taxes. It has resulted that Estonian companies are growing and exporting products and services to over 120 countries. “Today, the only reasons a citizen needs to show up in person are to get married, divorced or to exchange property. Everything else can be done online,“ summarized James York, the head of the judging panel of the Go Global Awards and Director of US Business & Innovation at Enterprise Estonia.
As a sign of trust and high recognition to the competence in digital issues, NATO Cooperative Cyber Defence Centre of Excellence (CCDCOE) was established in Tallinn already in 2008.
Conference guests were also surprised by the fact that while Estonia is a small country – only 1.3 million people live there – it has had a great success to make it bigger with the help of the most innovative people from all over the world. Today, there are already close to 100 000 e-residents and more than 20% of all new companies created in Estonia are by e-residents.
The startups created by e-residents consist even more than a quarter. “Probably many delegates got the inspiring kick in Tallinn from the fact that Estonia has the most startups, unicorns and VC investment per capita in Europe. As of today there are 10 unicorns, but the aim is to have 25 unicorns by 2025,“ James York said.
Estonia has been also a pioneer establishing world’s first nationwide AI/robot law. As a result, Starship Technologies have operated level 4 autonomous delivery robots in public streets of Estonia for over 4 years now. Estonian autonomous systems developer Cleveron has the first driverless vehicles in Europe licensed to drive on public roads across a country.
Visits to Estonian enterprises in the framework of the conference added practical view to these facts. Tourism funnel persuaded to travel again to the country, which is small in size, big in experiences and where medieval sights intertwine with modernity, accompanied with world’s most innovative and fresh tastes recognized by Michelin.
About the Go Global Awards:
The International Trade Council’s Go Global Awards celebrate organizations that drive the global economy through their innovations, technologies, and strategies.
The Go Global Awards follow a rigorous three-tiered review/selection process. Candidates begin the application process with a pre-screening / ranking phase. The top 20% of nominations across all categories are then cross-reviewed to ensure consistency. Finalists are then selected and move forward to the live judging event, where they present before independent members of the Go Global Awards Committee. The Awards Committee then cross-reviews the finalist presentations and the final decisions are announced at the Go Global Awards Day.
The Awards bring together hundreds of senior executives from some of the world’s most innovative manufacturers, exporters, technology firms, international service providers, venture capital firms and financial institutions.
While the Go Global Awards offer the opportunity to be recognized and honored by their peers it also goes beyond winning trophies and citations. The program aims to build a community of senior executives from across the globe to support one another, share ideas, create partnerships, and build on their existing knowledge and connections.