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.

New forms

We have published new forms, so we kindly ask you to use the new forms, which can be downloaded from here (available at the bottom of the page). We have updated both our application form, reporting forms as well as new instructions for cost accounting and auditing. Please note that you need to download the forms and open them with Adobe Reader to fill in the information.

Criteria for Nopef financing

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

Case story - Thor Ice - Poultry cooling
Industry and services Russia

A cool way to save money, time and food

Thor Ice has received funding from Nopef and Nefco to take their ingenious food chilling solution to international markets.

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.

New green recovery financing for Nordic SMEs

Is your internationalisation project suffering from the current economic challenges? To speed up green recovery, we are offering fast-track loan financing for Nordic small and medium-sized companies (SMEs) to help them go ahead with their plans to scale up green solutions on global markets. Read more >>

Would you like us to contact you?

For enquiries regarding a planned internationalisation, please fill in our project proposal form for an initial assessment before submitting a full application. For other enquiries please use the contact form below.

    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.