Grants for business development in Svalbard

The scheme is available to individual companies and business networks in Svalbard.
You must carry out the project and its activities in Svalbard, and the benefits must support businesses in Svalbard and the archipelago as a whole.
The projects must contribute to business development in Svalbard and support the policy of maintaining Norwegian communities in the archipelago. In our assessment, we emphasise the projects' importance to the region.
The projects must contribute to:
- value creation within sustainable frameworks
- economic activity
- business development
You can receive grants for business development and physical investments.
Business development may include a project involving an initial strategy process and related competence building, training initiatives, development activities and testing, or the implementation of a new production process, organisational model or business model.
We can also provide grants for investments related to starting a new business, expanding the capacity of an existing business, diversifying production into new products or services, or fundamentally changing the production process of an existing business.