# Innovation Norway

**Source:** https://www.startuphub.ai/startups/innovation-norway
**Profile type:** Startup

> Norwegian government's primary tool for fostering innovation and development in Norwegian enterprises.

## About

Innovation Norway is a state-owned company that acts as the Norwegian government's primary tool for fostering innovation and development within Norwegian enterprises and industry. It provides expertise, networks, and financial support to help companies grow sustainably, increase exports, and become more competitive globally.

## Key facts

- **Slug:** innovation-norway
- **Website:** https://www.innovasjonnorge.no/
- **Location:** Oslo, Norway
- **Founded:** 2004-01-01
- **Employees:** 1146
- **Operating status:** Active
- **Total funding:** $3M
- **Sectors / tags:** Economic Development, Innovation Support, Startup Funding, Export Promotion, Industry Development, Government Agency
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/innovasjonnorge
  - Twitter: https://x.com/i
  - Facebook: https://www.facebook.com/innovasjonnorge

## Frequently asked

### What does Innovation Norway do?

Innovation Norway is a state-owned company that acts as the Norwegian government's primary tool for fostering innovation and development within Norwegian enterprises and industry. It provides expertise, networks, and financial support to help companies grow sustainably, increase exports, and become more competitive globally.

### What is Innovation Norway's valuation?

StartupHub estimates Innovation Norway's effective valuation at $9.8M (range $6.5M to $15.6M, 10% confidence), based on comparable companies in the sector.

### How much funding has Innovation Norway raised?

Innovation Norway has raised a total of $3M in funding. The most recent round on record is Grant.

### Where is Innovation Norway headquartered?

Innovation Norway is headquartered in Oslo, Norway.

### When was Innovation Norway founded?

Innovation Norway was founded in 2004.

### What industry does Innovation Norway operate in?

Innovation Norway operates in Economic Development, Innovation Support, Startup Funding, Export Promotion, Industry Development, Government Agency.

### How many employees does Innovation Norway have?

Innovation Norway has approximately 1146 people on record.

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