Business development grant – Arctic 2030

Norway aims to lead the way in knowledge about, for and in the north. This will help create new jobs and enable Norway to shape the development of the High North. A key goal is to increase value creation in Northern Norwegian businesses by building on the region's rich resources.
To unlock the potential of our natural resources and expertise, we need stronger business communities and companies that can capitalise on these competitive advantages. We believe that technology and solutions developed for Arctic conditions can help address global societal challenges. We see significant potential in connecting businesses in Northern Norway with relevant communities in Norway and abroad, as well as with global markets.
Since 2014, on behalf of Troms County Council, we at Innovation Norway Arctic have managed the 'Arctic 2030' grant scheme. Through our offices and global networks, our market insight into technology and solutions for the Arctic, and our business development expertise, we aim to support sustainable value creation in the High North.
The scheme is primarily aimed at SMEs. Organisations such as business gardens, clusters and incubators may also receive funding. Large companies may receive funding if they can demonstrate a likely market failure.
You do not need to be based in Northern Norway, but you must clearly demonstrate that the results of the funded activities will benefit the northern regions (Nordland, Troms and Finnmark).
The projects must help increase business activity and value creation in Northern Norway. We also encourage projects that foster collaboration between national and international partners.
The priority areas are
- developing technology and solutions for Arctic conditions
- developing innovative ecosystems in the Arctic
We support feasibility studies, pilot projects, main projects, investments, business networks and multi-company or collaborative projects.
The programme does not provide grants for projects in the industries listed below, as we already offer dedicated products for these:
- Agriculture
- Fishing fleet
- Tourism and experience industries
- Creative industries
