We help Nordic green solutions to grow on global markets


How can we support your project?

Nopef works to strengthen the international competitiveness of Nordic small and medium-sized enterprises (SMEs) by providing support for demonstration, scale-up and growth of Nordic green and sustainable solutions on global markets.

You can apply for financing for feasibility studies aiming international business establishments, investments, or for demonstration projects or pilot installations in countries outside EU/Efta.

All projects supported by Nopef shall contribute to positive environmental or climate impacts. In addition supported projects shall have a Nordic interest and added-values and contribute to increased Nordic co-operation between companies and stakeholders.

Nopef works to support and contribute to the goals in the Nordic Co-operation Programme for Business and Innovation Policy 2018–2021 and to the strategic priorities of the Nordic Vision 2030.

Growing number of Nordic companies going global through Nopef financing

The year 2019 was characterised by a good project activity and Nopef approved financing totalling EUR 2.3 million to 66 new projects.  The Annual Review 2019, which highlights the main activities and impact of Nopef is available as a digital publication. It can also be downloaded in PDF format. Read more

Criteria

A Nordic company which has fewer than 500 employees and less than EUR 100 million in turnover.

The project contributes to positive environmental effects.

The company has sufficient resources to invest and implement international business activities in the project country, outside the EU/Efta.

The project contributes to the benefit of the Nordic countries through job creation, exports, or knowledge transfer and development.

Our latest projects

Industry and services USA

Altum cleans up industrial processes globally

The Finnish company’s unique ultrasound industrial cleaning technology is making an impact in North America.

Case story - Cold
Thailand Vietnam Waste and recycling

Innovative flood prevention in Vietnam

Climate change is making flooding worse in Vietnam, but thanks to the Cold Flood Barrier, a solution is now at hand.

Agriculture, forestry and fishery China Russia

Polar’s innovative fishing gear can improve catches and reduce impact on the marine environment

Polar Fishing Gear expanded to Russia with the help of Nopef. Now they are ready to take a look at the Chinese market.

Would you like us to contact you?

About us

Nopef is a project fund managed by NEFCO since 2014 and financed by the Nordic Council of Ministers. The primary objective is to support the internationalisation of Nordic small and medium-sized (SMEs) and midcap companies outside the EU/Efta by offering grants for feasibility studies. Over the years, some 3000 projects have received financing from Nopef, resulting in more than 1,000 established businesses outside the Nordic countries.

Read more >>

Subscribe to our newsletter


*By signing up you are agreeing to the terms laid out in our privacy policy.