Apply for funding
Start your funding application here.
How to apply for Nopef funding?
1
View application criteria
Learn about eligibility criteria for companies and projects.
2
Define scope: Project proposal
We can carry out an initial assessment of your planned internationalisation.
3
Complete your application
Download and fill in the application form. See application cycles and required documents below.
4
Send the application
Send the application and supporting documents to info@nopef.com. The application processing time is 5-6 weeks.
Application deadlines
Nopef accepts applications on a rolling basis throughout the year. Please note the following application deadlines to ensure that an application is processed during a specific funding round. The application processing time is usually 5–6 weeks.
Autumn 2025
- 22 August
- 3 October
- 14 November
Requested documents
Please include the following mandatory documents in your application:
- Latest audited annual financial statement (including auditor’s statement)
- Interim figures if the latest financial records are older than six (6) months – Profit and loss statement and balance sheet
- The Group’s latest audited annual financial statement – if the applicant company is majority owned by a group
- Applicant company’s certificate of registration
- Denmark: Tegningsudskrift fra Erhvervs- og selskabsstyrelsen
- Finland: Kaupparekisteriote / Utdrag ur Handelsregistret
- Iceland: Certificate of Registration from the Skráasvið – Register of Enterprises
- Norway: Firmaattest fra foretaksregisteret
- Sweden: Registreringsbevis
- Letter of Intent (if applicable): provide one or several Letter of Intent (LoI) from investors (if the planned investment to a large extent is dependent on external financing), from the parent company (if the applicant company is a subsidiary of a company that will finance the planned internationalisation), or from other prospective partner companies.
- Only for applications concerning demonstration or pilot installation projects: Invitation to implement a pilot installation or demonstration project from local partner (LoI, MoU or other written documentation that confirms the identified local partner’s interest)
How we review your application
All applications are reviewed by the Nopef Credit Committee, which evaluates each submission based on the assessment criteria outlined in the Nopef’s official guidelines and within the limits of available funding. If necessary, applications may be escalated to the Nopef Steering Committee for final approval.
Please note that each applicant company may only have one application under review at a time and cannot hold more than one active project concurrently.
FAQ: Nopef application process
Funding from Nopef is provided as a conditional loan that is converted into a grant fully or partially when the project has ended. If the project results in an international establishment, the disbursed conditional loan is fully converted into a grant. If the project does not result in an international establishment, the applicant company receives half of the max. funding amount as a grant.
All the points on the application form must be completed and full answers given to the questions described on the form. As a rule of thumb, the detailed description of the company should be at least 1 page and the project description at least 2 pages.
The most recent audited financial statement with an auditor’s report and a certificate of registration. Relevant project agreements, letters of intent, financing decisions, product sheets or presentations can also be appended.
Nopef can grant up to EUR 50,000 for a single project, subject to a maximum of 50% of the approved costs in the feasibility study budget.
Although only one company can be the main applicant, a number of companies can participate in a project as co-applicants. The loan agreement is made only with the main applicant, which also receives any disbursements of funds. Co-applicants can, however, include their costs in the budget and receive compensation directly from the main applicant.

Start your application
Download our application form to start your application.