Smart Business Innovation in the Arctic and the role of Innovation Norway

1. Smart Business Innovation in the Arctic and the role of Innovation Norway Smart Business in the Arctic: Blue economy, technology and society Bodø, 15th January 2019 Monica Ahyee Exec. Director, Innovation Norway Nordland www.innovationnorway.no

2. Trends and challenges give opportunities Urbanization Nature resources under pressure Global warming 2 degrees increase in average temperature ↓ Increased sea level and major damages to infrastructures and farming areas Mega-cities in growth markets and several medium to large size cities in the western world ↓ Large socio-economic challenges like loneliness , increased number of elderly High population growth ↓ From 7.4 to est. 8.6 billions within 2035

4. Environment Sustainable Society Economy

6. Innovation Norway – the instrument for value creating business development Mission Innovation Norway is thestate and thecountyauthorities instrument for achievingvalue-creating, innovative business development Main Goal InnovationNorwaysproducts and services shall trigger business developmentthat is profitable from both a commercial and socio-economicperspective

7. Innovation Norway – Offices in more than 30 countries

8. 1 2 3 More successfulentrepreneurs More businesses with capacity for growth and export More innovative business communities More than 40 owners – only 3 goals:

9. Tourism and Creative Industries Norwegian competitive advantages Bioeconomy Smart Societies Clean Energy Ocean Space Health and Welfare

10. How do Innovation Norway support Regional Businesses and SMART Innovation? Branding Competence Advising Network Financing

11. Our customers are thosethatare crazy enough to thinktheycanchangetheworld!

12. Innovation is alsooften a combination! + = Ide: Christine Korme, Abelia

13. Exampleson SMART Business Innovation in the Arctic

14. Grants Innovation Norway, Nordland has supported with grants and loan as well as advisory services for startup, investment in infrastructure, logistics, R&D, as well as production machinery Nofir AS - Bodø Challenge:bothfishfarming and wildfish harvesting requirequitelargeamountsofplasticbasedequipement, thataftersomeyearsuse end up as waste Solution: NoFircollect, clense and deconstructthiswaste and transform it into pellets thatcan be used for productionofyarn for garments, carpets and toys The worlds best surfer and earlier Baywatch star Kelly Slaterposing in clothes from his own line, madeofrecycledfishnets from Norway Loans Competence programs Advisory services

15. Exportprogrammes Enviro - tech Grants Competence programs Loans Advisory services

16. Grants Clusters and business networks Competence programs Advisory services

17. Established in 1993. Focus is on; • recycling of industrial waste • running R&D laboratories for technological environmental solutions • handling of heavy metal polluting masses as well as d) treatment of cuttings/waste from oil exploration The company is located in Mo Industry Park. Innovation Norway, Nordland has supported the company through heavy investment in buildings, infrastructure, logistics as well as R&D projects. Miljøteknikk terrateam AS – Mo i Rana Grants Clusters and business networks Loans Advisory services

18. Grants Exportprogramme Loans Advisory services

19. Bodø Municipality - Smart City project InnovationPartnership

20. Don’tbuildthefuture; Buildthenextthing peoplereallyneed and let thefuturefindyou James L. McQuivey www.bright-products.com/

21. Thank you!