Helping Nordic green solutions to grow on global markets

How can Nopef support your internationalisation project?

If you represent a Nordic company with a proven solution related to environment protection, renewable energy, climate change mitigation or other type of sustainability, and you plan to expand abroad with your solution, Nopef (Nordic Project Fund) financing can help you on the way.

Nopef finances feasibility studies related to green growth and sustainable development in a country outside EU/Efta for Nordic small and medium-sized enterprises (SMEs) and midcap companies. The feasibility studies aim to assess the establishment of long-term business operations in the project country. The main priority is that the project or expansion should contribute to a direct or indirect environmental impact and an increased environmental awareness in the target countries.

The objective of Nopef financing is to facilitate the implementation of Nordic green solutions on a global market and strengthen the international competitiveness of Nordic companies.

Read more about Nopef »


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 implement an establishment of business operations in the project country, outside the EU/Efta.

The project contributes to the benefit of the Nordic countries.

Our latest projects

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.

Agriculture, forestry and fishery Chile

PatoGen’s technology helps aquaculture become more sustainable

There are risks that intensive fish farming methods can hurt the ocean’s ecosystems. Norway-based PatoGen received support from Nopef to take their sustainable aquaculture solutions to South America.

Industry and services Japan South Korea USA

Steelwrist boosts productivity and lowers emissions in the construction industry

The Swedish company Steelwrist worked with Nopef to take their ingenious “wrist” for excavators to three international markets.

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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.


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