Innovation Norway


Innovation Norway is a state-owned company and a national development bank.
Innovation Norway is the Norwegian Government's most important instrument for innovation and development of Norwegian enterprises and industry. They support companies in developing their competitive advantage and to enhance innovation.
The company creates value by stimulating to profitable business development throughout Norway. Their programmes and services are intended to create:
Furthermore, the company contributes to:
They have offices in all the Norwegian counties, with the head office in Oslo. It also has offices in 30 countries around the world. Previously they operated Visitnorway.com which won three Webby Awards in 2009.
The company has over 500 employees worldwide and has supported maritime transportation, biotechnology, thin film, alternative fuel and many other types of projects.

History

Innovation Norway was formed in 2004 through the merger of four governmental organizations. These organizations were:
In the summer of 2019 Innovation Norway were involved in the production of a news story about Sommarøy where they claimed the island should be without an official time-zone. The aim of the story was to draw tourists to Norway. The news story propagated world wide.