NEFCO — Nordic Environment Finance Corporation logo
Nopef — Nordic Project Fund

Nopef — Feasibility Support

Supports Nordic small businesses with early feasibility funding to scale technology projects beyond EU and EFTA markets.

OpenNEFCO — Nordic Environment Finance CorporationDenmarkFinlandIcelandNorwaySweden
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About

Nopef — the Nordic Project Fund — is a pre-investment feasibility financing program operated by NEFCO, the Nordic Environment Finance Corporation, which is owned by the five Nordic governments (Denmark, Finland, Iceland, Norway, and Sweden). The fund provides Nordic small and medium-sized enterprises with conditional loans of up to EUR 50,000 to cover feasibility studies or pilot projects aimed at…

What this grant funds

Pre-investment feasibility studies and pilot projects for international establishment or demonstration outside the EU/EFTA area.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Recoverable advance
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—
Funding analytics

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Eligibility criteria

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Timeline

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Last verified: 24 Jul 2026Source: www.nefco.int