Survey highlights growing additional value and rising job creation among Nopef customers

Results from our annual customer survey show that Nopef’s crucial financial support provides structure and guidance, generates additional value, and contributes to increased job creation.

The experienced additionality of financial support from Nopef is rising, and the average job creation from Nopef-funded projects has increased. This is shown in Nopef’s latest customer survey, conducted in September–October 2025 and compared with results from previous annual surveys dating back to 2014*. 
 
Funding from Nopef had a considerable or very considerable effect on the decision to implement a feasibility study for 75% of customers. The experienced additional value has been rising from year to year, up from 61% in 2015 and 70% in 2020.  

On average, each international business established after receiving Nopef support has created 12 global jobs, compared to 10 in 2024, with 2 of those jobs located in the Nordics. Additionally, each business has generated an average of EUR 1.4 million in additional investments and EUR 2 million in project-related sales
 
The survey also shows that Nopef contributes to long-term internationalisation with 93% of companies reporting continued operations in the project country three years after receiving support from Nopef, where 64% of realised establishments are in the form of subsidiaries or joint ventures. 
 
Customer testimonials highlight that Nopef’s support is not only crucial in terms of funding, but also provides structure and guidance during the early stages of international expansion. 

Nopef – the Nordic Project Fund – remains committed to supporting the international ambitions of Nordic small and medium-sized enterprises by providing financial support for feasibility studies to explore new market opportunities. Read more about our funding. 

*Nopef sends an annual customer survey to all customers whose feasibility study was realised three years earlier. For example, in 2025 customers whose feasibility study was realised in 2022 were surveyed. 

For further information, please contact:

Vanessa Lorentzen
Investment Manager (FI, SE, NO, IS)

+358 10 6180 539 vanessa.lorentzen@nefco.int

Gunnlaugur Bragi Björnsson
Communications Manager

+358 10 6180 636 gunnlaugur.bjornsson@nefco.int