Nordic Innovation is an institution under the Nordic Council of Ministers that facilitates sustainable economic growth in the Nordic region through international cooperation. It has 25 employees and an annual budget of approximately 80 million NOK. Nordic Innovation seeks to add value through mapping initiatives, identifying best practices, finding synergies, and leading joint Nordic projects. Some current projects include the Nordic to Global Initiative to connect Nordic investors with foreign partners and measuring innovation strategies in Nordic companies. The organization also focuses on entrepreneurship through forums, education projects, and publishing the Nordic Growth Entrepreneurship Review.

1. Innovation and growth by Nordic collaboration
ROGER MOE BJØRGAN, MANAGING DIRECTOR, NORDIC INNOVATION
NORDIC GROWTH ENTREPRENEURSHIP SEMINAR, 13 SEPTEMBER 2012
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2. The Nordic Council of Ministers
Business, Energy and Regional affairs
- Ministers of trade & industry
EK-N
EK-N
EK-N senior officials
- Committees of
- Committees ofof senior officials
- Committees senior officials
Nordic Innovation
Board
Nordic Innovation

3. Nordic added value – more
than the sum of its parts
Nordic cooperation builds upon common
values and economic structure - among
the oldest and most extensive regional
co-operation in the world
We can create “Nordic added value” by
working together
Common projects and analysis can pave
the way for better national policies and
initiatives.
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4. Nordic Innovation – some facts
An institution under the Nordic Council of Ministers.
Located in Oslo, operating pan-Nordic.
We facilitate sustainable economic growth in the Nordic region
through international cooperation.
25 employees. Yearly turnover ca. 80 mill. NOK.
Our focus is innovation, not research (NordForsk):
“A new or improved product, service, process, or concept that
creates economic or other societal value. Innovation is important
in all sectors”
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5. Our vision
The Nordic countries as a world-leading region
for innovation and sustainable growth
Build Remove
relationships barriers
” We orchestrate increased
Nordic value creation
through international
co-operation
Stimulate
innovation

6. Nordic Innovation’s operations
Add value by Financier of
• Mapping national initiatives • Innovative projects with a clear Nordic value
• Identifying best practices • Projects that contribute to free trade of goods
• Identifying Nordic synergies & and services
common opportunities • Requires relevant actors from at least 3 Nordic
• Facilitating and leading joint efforts countries
• Building critical mass and impact
• Executing political initiatives
• Improving Nordic innovation ecosystem
No duplication of national initiatives!
Innovation:
“A new or improved product,
service, process, or concept
that creates economic or other
societal value. Innovation is
important in all sectors”
www.nordicinnovation.org

7. Reports & Platforms, conferences &
new knowledge networks
Examples of projects
• The Nordic to Global Initiative
Establishing gateways between Nordic public seed
investors and strategic partners in foreign markets &
company showcasing
• Measured and Managed Innovation (MMI)
From product development to value creation: Mapping and
developing innovation strategies in Nordic companies
•Current call for proposals proposals for Nordic projects
in the field of Innovation Procurement within the Health
Sector
8 www.nordicinnovation.org

8. Nordic Entrepreneurship Project - Focus areas
One of the political initiatives, “Lighthouse Projects”, of Nordic Co-
operation Programme for Innovation and Business policy 2011-2013
Lighthouse project on Entrepreneurship
Project name: Nordic Entrepreneurship Project (NEP)
Responsible country: Finland, Ministry of Employment and the Economy
Project kick-off: Nordic Entrepreneurship Conference, October 2011
Three focus areas identified with added value from Nordic collaboration:
Growth Programmes Entrepreneurship
Data and Analysis
Education
•Forums for exchanging •Entrepreneurship education in •First joint ”Nordic Growth
knowledge on policy and the Nordic countries: Study on Entrepreneurship Review”, to
programme level of Nordic good practices and projects, be published in fall 2012
initiatives (e.g. accelerator to be completed in fall 2012
programmes); •Theme 1 of Seminar
•One of main themes of kick-
off conference, several other
meetings and seminars over
2011-2012
•Theme 2 of Seminar
www.nordicinnovation.org

9. Learn more about our organisation at
www.nordicinnovation.org
10 18.09.2012 www.nordicinnovation.org