Publications
Explore our results and insights.
Nopef Annual Reviews

Annual Review 2025
In 2025 we provided 52 projects with total financing of EUR 2.13 million, which is slightly less than in 2024 but remaining higher than in 2022 and 2023. The balance between pilot and demonstration projects and international establishment projects shifted, with 27 projects (52%) supporting pilots or demonstration activities in the target country and 25 (48%) focusing on preparing or implementing international establishment

Annual Review 2024
During 2024, Nopef provided financing totalling EUR 2.2 million to 54 projects, which surpassed the financed projects target and marked an increase from the 48 feasibility studies approved in 2023. The total financing granted also rose from EUR 1.9 million in 2023.

Annual Review 2023
In 2023, Nopef (the Nordic Project Fund) granted funding for total 56 new projects approved for financing in 2023 to a value of EUR 1.9 million. Nopef saw a surge in the number of small and medium-sized companies (SMEs) eager to expand globally as the volume of applications aligned with pre-pandemic figures.
Other publications

Nopef fact sheet
During 2024, Nopef provided financing totalling EUR 2.2 million to 54 projects, which surpassed the financed projects target and marked an increase from the 48 feasibility studies approved in 2023. The total financing granted also rose from EUR 1.9 million in 2023.