“In the world around us we see a rapidly shifting geopolitical landscape. At the same time, fundamental advancements in technology are playing a key role in shaping our societies. While these shifts demand our attention, we must also maintain our focus on the climate and nature crisis that is calling for sustainable solutions. While the overall complexity and severity of the situation around us is high, it also presents new opportunities for Nordic collaboration” - Sindre Bornstein, CEO of Nordic Innovation.
The 2025 Annual Report is now available online. Check it out and discover more about our new innovation programs for 2025-2027, our new initiatives and our efforts towards vision 2030 and beyond!
A catalyzer for innovation
The 2025 Annual Report highlights the changes Nordic Innovation went through during the year and marks the beginning of a new chapter in our organizational history. As a new initiative, we offer readers, followers and partners greater insight into how we work to drive innovation. In the story Catalyzing innovation through a two-step call method, we take you behind the scenes of our internal processes when identifying and selecting projects under the new innovation programs. Advisor Hege Guttormsen shares the ideas and thoughts behind the call method, while key figures on new project partners and innovation themes provide insight into the results achieved. We also showcase selected projects that have emerged from this approach.
New technologies
Deep tech is a key focus area in the program Nordic Forward: Resilience and Competitiveness for 2050. In the 2025 Annual Report, we highlight how Nordic Innovation is approaching quantum technology as a new innovation field. In the story First step into the world of quantum technology, Advisor Stian Bergeland explains how Nordic Innovation has worked on building a solid foundation and knowledge base for future initiatives. He also emphasizes how an open approach to quantum technology is crucial when developing innovation initiatives in a field that is still in its early stages.
In 2025, the Nordic-Baltic AI center became a reality. The center is one of the five recommendations developed by Nordic Innovation’s Ethical AI Expert Group. In the story Nordic-Baltic AI center becomes a reality you can learn more about the AI center, how it is structured and financed, and you can learn about a new AI initiative supported by Nordic Innovation aiming to turn EU’s AI Act into a competitive advantage.
Supporting Nordic solutions globally
An important aspect of the program Nordic Growth and Capital Attraction is to support Nordic companies and solutions in global markets. In the 2025 Annual Report, you can explore concrete activities where Nordic Innovation has showcased Nordic strengths and contributed to bringing Nordic companies closer to international opportunities. In the story Boosting Nordic business opportunities around the world we turn the spotlight on the Nordic Innovation House concept. Nordic Innovation supports three Nordic Innovation Houses - in Silicon Valley, Tokyo and Singapore. The story highlights a delegation visit to Singapore in conjunction with Singapore Week of Innovation and Technology. The visit was organized by Nordic Innovation House, Singapore.
A continued focus on Circular Economy
Nordic Innovation has worked with circular economy since 2018, and it remains a part of the new program Innovative Solutions for 2030. One of the initiatives we have supported over the years is Nordic Circular Summit. In 2025, the summit was held in Greenland for the first time. In the story Circular economy: An untapped opportunity for Greenlandic companies we explore why hosting a circular economy conference in Greenland makes good sense, and how the summit can support Greenlandic businesses.
In the 2025 Annual Report, you can also explore the stories Accelerating circular economy investments, Taking seaweed from coast to construction, From Hackathon winner to company launch and many more.
“We are looking forward to entering 2026 with an open mindset, welcoming new collaborations, and grasping the new opportunities together with our partners and Nordic colleagues,” - Sindre Bornstein, Managing Director of Nordic Innovation.
Enjoy reading it!
