Nopef in numbers

Nopef activities in 2023


new projects

€ 1.9m

in project


Nordic SMEs established
on international markets

Number of approved projects in 2023 by initiatives within the Nordic Council of Ministers’ action plans for the Nordic Vision 2030


Approved projects by Nordic Vision sector_Nopef Annual Review 2023

Our active portfolio 

Nopef’s active project portfolio at the end of the year consisted of 111 conditional loans worth EUR 4.1 million represented in 31 project countries. The US is the most represented target country, with 21 active projects, closely followed by India, with 18 projects. Other countries with multiple Nopef projects include China (9 projects), Indonesia (7 projects), Kenya (6 projects), the UK (6 projects) and Canada (5 projects).


Read more on Nopef Annual Review 2023

Country of origin of approved Nopef projects in 2023