Nopef — Nordic Project Fund

Nopef - Nordic Project Fund sits under NEFCO, the Nordic Environment Finance Corporation, and supports pre-investment work for Nordic SMEs. It is designed for companies registered in Denmark, Finland, Iceland, Norway, or Sweden that are exploring international establishment or demonstration projects outside the EU/EFTA area. The facility uses a recoverable advance structure of up to EUR 50,000. If the project does not proceed to commercial investment, the amount converts into a non-repayable grant. Eligible work is a feasibility study or pilot that reduces risk before committing to a market entry. The programme runs on a rolling basis and is evaluated continuously. It suits for-profit companies that need evidence before a larger international move, especially where a short pre-investment study can test demand, technical assumptions, or demonstration logic in a non-EU/EFTA market. Applications are handled continuously, so timing matters less than a credible scope, a clear investment path, and a company already established in one of the five Nordic markets.

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.