About Nordic Innovation
Nordic Innovation is an organization under the Nordic Council of Ministers which aims to make the Nordics a pioneering region for sustainable growth and works to promote entrepreneurship, innovation and competitiveness in Nordic business.
We support programs and projects which contribute to fulfilling the goals of the Cooperation Program for Innovation and Business 2018-2021 and the eight initiatives DKK 250 million to a Greener Post-COVID-19 Business Sector 2021-2024, which is decided by the Nordic Ministers for Business and Innovation.
Building on strongholds identified by the national innovation and trade promotion organizations and where the Nordic countries have complementary advantages, Nordic Innovation has developed three comprehensive programs which are our main priorities for the period 2018-2021:
- Nordic Smart Mobility and Connectivity
- Nordic Sustainable Business Transformation
- Health, Demography and Quality of Life
Sustainability and digitalisation are cross cutting dimensions in all three programs. They also integrate the UN’s Sustainable Development Goals with emphasise on making The Nordics a carbon neutral region. Nordic Innovation is following up on the Nordic prime ministers’ vision for the Nordic cooperation which is by 2030 to be the world most sustainable and integrated region.
In addition to the programs, Nordic Innovation works with special initiatives, two of which are the Prime Ministers’ Initiatives on Nordic Sustainable Cities and on Nordic Welfare Solutions. We also work with special initiatives as Nordic Innovation Houses, Nordic Scalers, Tourism in the Nordics, Smart Government, Nordic Female Entrepreneurs and impact investments.
Our office is situated in Oslo, Norway, with 22 highly qualified employees from all the Nordic countries and with expertise from different business areas and industries. Nordic Innovation’s annual budget is approximately NOK 90 million. The office is co-located with NordForsk and Nordic Energy Research, also organisations under the Nordic Council of Ministers.
The Nordic Council of Ministers is the official intergovernmental body for cooperation in the Nordic region. The Nordic cooperation consists of Sweden, Denmark, Norway, Finland and Iceland, in addition to the self-governing areas of Greenland, the Faroe Islands and Åland.