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Innovation Norway: Driving Socio-Economic Development Nationwide

Established in 2003, Innovation Norway aims to promote business innovation and global opportunities through its diverse services and network connections. With a focus on advisory, competence, networking, promotional, and financing services, it supports job creation and industry reinforcement, contributing significantly to the country's economy. Its customer-centered approach ensures tailored solutions for businesses' needs, while its wide geographic presence and international market reach make it a key player in driving socio-economic growth. Visit our website for more information.

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Innovation Norway: Driving Socio-Economic Development Nationwide

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  1. Innovation Norway Presentation September 2009 Director Ulrik Hammervold

  2. Innovation Norway • •Established 19 December 2003 as a statutory company •Started its activities on 1 January 2004 •Took over the initiatives formerly offered by The Norwegian Industrial and Regional Development Fund (SND), the Norwegian Trade Council, the Norwegian Consultative Office for Inventors (SVO) and the Norwegian Tourist Board. •750 employees in offices distributed throughout all of Norway’s counties and in 30 countries. The Head Office is located in Oslo.

  3. Objective • ”Innovation Norway’s objective is to promote private- and socio-economic profitable business development throughout the country and to release the commercial opportunities of the districts and regions by encouraging innovation, internationalisation and profile-building.”

  4. Vision ”We give local ideas global opportunities”

  5. One contact point – where businesses are Offices in all of Norway’s counties and in 30 countries

  6. Seamless service, based on customer needs • Innovation • Internationalisation • Profile building Focus Services • Advisory services • Competence services • Networking services • Promotional services • Financing services As a customer you have your needs – together we will find a solution to those needs

  7. Innovation Norway – an active business partner •Regional Authorities •The Norwegian Ministries •Local Authorities •The Norwegian Research Council • SIVA - The Industrial Development Corporation of Norway •The Norwegian Design Council •The bank sector and financial institutions • NHO - Confederation of Norwegian Business and Industry • NSEC – The Norwegian Seafood Export Council • And others…

  8. Effective and result-oriented •Around NOK 4 billion for the reinforcement of Norwegian industry • Innovation Norway contributes to the establishment and protection of 7,000-8,000 jobs each year • Customer surveys indicate that at least 90% of Innovation Norway’s funds is devoted to projects that are regarded as important for companies’ survival and profitability development • 70% of the companies who were promised funding in 2000 think that the projects will lead to a high degree of skills development in one or more professional fields

  9. An organisation close to its customers • Regional knowledge of business and the community • Regional differentiation of Innovation Norway’s products and services Vadsø Alta Tromsø Bodø Steinkjer Molde Trondheim Ålesund Tynset Førde Lillehammer Hermansverk Hamar Tinn Bergen Oslo og Akershus Drammen Tønsberg Sarpsborg Skien Stavanger Arendal District Offices Local Offices Kristiansand

  10. An organisation close to its markets Brazil Bulgaria Canada China Czech Rep. Denmark Estonia Finland France Germany HungaryIndia Italy Japan Korea Malaysia Poland Portugal Romania Russia Singapore South Africa Spain Sweden Thailand The Netherlands Turkey United Arab Emirates United Kingdom USA Vietnam

  11. Innovation Norway’s strengths •Decentralised and close to its customers •International and close to its markets •Broad range of skills in commercialisation, internationalisation, company and business development and profile building •Broad range of financial schemes for risk hedging •Network connections to other skills, financial and initiative players •Close contact with national and regional authorities •Close contact with the Foreign Office

  12. Organisation CEO Gunn Ovesen Director travel Per-Arne Tuftin Staff/support Finn Kr. Aamodt Service DevelopmentDivision Hans Martin Vikdal Division Strategy and CommunicationKatinka G. Leiner Division Norway Siri Bjerke Markets abroad Svein Berg

  13. Regional boards - regional ”beacons” • Wide professional range and depth • Political anchorage • No other strategic organs at regional level with equivalent customer and market connections • Can draw upon Innovation Norway’s collected resources and skills • The office as distribution unit for other national initiative players provides breadth in perspective and opportunities

  14. Visit our website at: innovationnorway.no

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