Grants for business development in Svalbard

Do you have a project that could support business development in Svalbard? We can offer funding and advisory.
""
© Kongsberg Satellite Services
Type of service
Grants
Target audience
Companies with projects in Svalbard
Application deadline
Ongoing
How much
Depends on the project

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.

Key conditions for funding

To receive services from us, your company must uphold the principles of responsible business conduct and actively consider its own sustainability risks. Read more about sustainability and responsible business conduct.

State aid rules

Funding from Innovation Norway must comply with State aid rules. There are five general conditions for State aid that must be met.

The General Block Exemption Regulation (GBER) is part of the State aid rules. It contains provisions that allow us to provide support to companies in various circumstances. One or more provisions may apply to each case. Read more about GBER.

Legal basis for the scheme

Our funding schemes have been notified to the EFTA Surveillance Authority, ESA. The legal basis for these notifications is available on the National Legal Basis page.

Other public funding

You must state in the application whether you have applied or intend to apply for other public funding for the project. We also determine the level of our funding based on an overall assessment of how much public funding is needed for the project to proceed.

When determining the grant amount, we therefore assume that you will not receive any other public funding, including SkatteFUNN, beyond what is stated in the application. This applies to funding for the project costs used to calculate our grant (eligible costs). If you nevertheless receive other public funding, including SkatteFUNN, after we have made our offer, and it covers the same costs, we may reduce or withdraw our grant accordingly.

This does not prevent the company from receiving other public funding for project costs other than those on which we have based our assessment.

Kontaktpersoner

Linda Beate RandalSpesialrådgiver