Though the Nordics account for only 8 % of the European GDP, the Northern countries account for 50 % of the European startups that exceed the $1bn valuation - also known as unicorns due to their rarity. This is indicative of the Nordic countries’ supportive startup environment, ease of doing business and availability of financing, all of which are generally considered cornerstones of well-functioning startup ecosystems.
The angel investor environment is continually improving as angel investor networks have become more organised, which improves investment opportunities, awareness and information about angel investing.
For angel investors, the tax and regulatory environment is crucial, as it affects the lucrativeness of investing in startups. Improved incentives for investing in startups raise the interest in angel investments.
In this handbook, we present information on the Nordic startup and investor environment and guide you through the most relevant regulatory and tax issues primarily faced by angel investors - this includes a benchmark with London, regarded as the leading European startup hub.
Read the full report by clicking on the PDF in the top of the page.
If you want to know more about the key challenges of the Nordic entrepreneurship ecosystems, read the Nordic Entrepreneurship Check 2016. Here you will get an in depth analysis of the challenges the Nordic countries face globally.
The handbook is a part of the Nordic Partnership for Entrepreneurship and Financing program, running from 2014 - 2017.