Many Different Norwegian Funding Schemes
Norway offers several grants and services that SMEs, startups and large enterprises can take advantage of as well as guidance and introduction to various networks.
Nordic Innovators helps the companies through the entire funding process: From identifying the best soft funding opportunities, developing or reviewing funding proposals to help finding the right seed or VC investors.
Yearly, Nordic Innovators Norway write +300 Norwegian applications across +15 different programmes.
Below is a short overview of important schemes for companies from different industries.
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OVERVIEW OF IMPORTANT NORWEGIAN SCHEMES
SkatteFUNN
SkatteFUNN is an incentive scheme with the aim of promoting research and development in business. It gives companies the opportunity to deduct 19% of the expenses in a research and development project.
All Norwegian companies can apply to SkatteFUNN and it is possible to submit applications throughout the year. However, it is recommended to apply in the first half of the year as there are better guidance opportunities and the processing time is shorter.
ENOVA
ENOVA supports projects that aim for a low-emission society and the development of energy and climate technology.
There are various funding programmes that support technology development and reduced technology costs or increased performance of innovative climate-friendly technology. There are different criteria and support schemes depending on the different levels of maturity.
Innovation Norway
Innovation Norway offers many different support schemes like grants and loans with a single application template which covers various programmes. Funding is granted to enterprises that have a growth strategy based on innovation.
Innovation Norway helps to make contacts, build networks and increase competence. If you collaborate with others on development within a specific area, there are many advantages.
The Research Council of Norway
The Research Council works to promote research and innovation in the Norwegian public and private sector and therefore, offers a number of funding programmes for all kinds of companies in various industries.
The funding is given to the development for new products, services or solutions that increase value creation and competitiveness.