Innovation Norway

Innovation Norway, established in 2004, operates as a state-owned entity and a national development bank dedicated to fostering innovation and industrial growth within Norwegian enterprises. Its core mission is to empower companies by enhancing their competitive advantage and driving innovation through strategic support. As a key instrument in the Norwegian economic landscape, the company focuses on providing resources and guidance to businesses across various sectors. With a significant operational footprint, Innovation Norway manages 41 locations, supporting a workforce of 500 - 1,000 employees. This extensive network enables them to deliver tailored assistance and programs. Meet Innovation Norway's team to understand the expertise driving their initiatives. The organization's offerings encompass a range of services designed to facilitate business development, including grants, accelerator programs, and support for SMEs. Their product categories reflect a broad spectrum of business support, from operator and business enterprise development to acting as a state authority for collaboration and representing new ventures. Innovation Norway generated $204.3M in revenue, underscoring its substantial role in the national economy. The company's strategic focus on innovation and competitiveness positions it as a vital partner for Norwegian businesses seeking to expand and thrive in both domestic and international markets. Its government industry classification highlights its public mandate and strategic importance.