The Industrial Development Corporation of Norway or SIVA ( no, Selskapet for industrivekst) is a

Norwegian Norwegian, Norwayan, or Norsk may refer to: *Something of, from, or related to Norway, a country in northwestern Europe * Norwegians, both a nation and an ethnic group native to Norway * Demographics of Norway *The Norwegian language, including ...

state enterprise responsible for government investment in incubators,

science park A science park (also called a "university research park", "technology park”, "technopark", “technopole", or a "science and technology park" (STP)) is defined as being a property-based development that accommodates and fosters the growt ...

industrial park An industrial park (also known as industrial estate, trading estate) is an area zoned and planned for the purpose of industrial development. An industrial park can be thought of as a more "heavyweight" version of a business park or office park, ...

s and

real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...

through partial ownership of other companies. The ultimate goal is to stimulate

economic growth Economic growth can be defined as the increase or improvement in the inflation-adjusted market value of the goods and services produced by an economy in a financial year. Statisticians conventionally measure such growth as the percent rate of ...

, through strengthening Norway's capacity related to

innovation Innovation is the practical implementation of ideas that result in the introduction of new goods or services or improvement in offering goods or services. ISO TC 279 in the standard ISO 56000:2020 defines innovation as "a new or changed entity ...

and

creativity Creativity is a phenomenon whereby something new and valuable is formed. The created item may be intangible (such as an idea, a scientific theory, a musical composition, or a joke) or a physical object (such as an invention, a printed literary w ...

.The Industrial Development Corporation of Norway (SIVA)
/ref> SIVA is based in

Trondheim Trondheim ( , , ; sma, Tråante), historically Kaupangen, Nidaros and Trondhjem (), is a city and municipality in Trøndelag county, Norway. As of 2020, it had a population of 205,332, was the third most populous municipality in Norway, and ...

, where it employs almost 40 people.Jonas Skybakmoen (17 April 2013)
Haugane går til toppjobb i staten

Adresseavisen ''Adresseavisen'' (; commonly known as ''Adressa'') is a regional newspaper published daily, except Sundays, in Trondheim, Norway. The paper has been in circulation since 1767 and is one of the oldest newspapers after Norske Intelligenz-Seddeler ...

, retrieved 12 June 2013 Through its investments there are about 8,000 employees in total. Investments include 46 industry and business parks in Norway, one in

Russia Russia (, , ), or the Russian Federation, is a List of transcontinental countries, transcontinental country spanning Eastern Europe and North Asia, Northern Asia. It is the List of countries and dependencies by area, largest country in the ...

, one in

Latvia Latvia ( or ; lv, Latvija ; ltg, Latveja; liv, Leţmō), officially the Republic of Latvia ( lv, Latvijas Republika, links=no, ltg, Latvejas Republika, links=no, liv, Leţmō Vabāmō, links=no), is a country in the Baltic region of ...

and two in

Lithuania Lithuania (; lt, Lietuva ), officially the Republic of Lithuania ( lt, Lietuvos Respublika, links=no ), is a country in the Baltic region of Europe. It is one of three Baltic states and lies on the eastern shore of the Baltic Sea. Lithuania ...

. It also holds partial ownership of 15

science Science is a systematic endeavor that builds and organizes knowledge in the form of testable explanations and predictions about the universe. Science may be as old as the human species, and some of the earliest archeological evidence for ...

- and 10

research Research is "creativity, creative and systematic work undertaken to increase the stock of knowledge". It involves the collection, organization and analysis of evidence to increase understanding of a topic, characterized by a particular att ...

parks, 20 incubators, 45 business gardens, 12 venture capital institutions and 4 research and development companies. SIVA cooperates closely with the

Research Council of Norway The Research Council (also the Research Council of Norway; no, Norges forskningsråd) is a Norwegian government agency that funds research and innovation projects. On behalf of the Government, the Research Council invests NOK 11,9 billion (2021) ...

and Innovation Norway.

References

Government-owned companies of Norway Holding companies of Norway Companies based in Trondheim Organizations established in 1968 Industrial development agencies Norwegian companies established in 1968 Holding companies established in 1968 {{norway-company-stub