Nordic Industrial Fund
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Nordic Innovation is an organization under the Nordic Council of Ministers. They to aim to make the Nordics a pioneering region for sustainable growth by promoting entrepreneurship, innovation and competitiveness in Nordic businesses. Nordic Innovation works with both private and public stakeholders, and has projects and partners in all the Nordic countries. Nordic Innovation supports the Nordic prime ministers’ vision that the Nordic region will become the most sustainable and integrated region in the world in 2030.


History


Nordic Industrial Fund (1973–2004)

The Nordic Industrial Fund was established in 1973. The fund was to promote research, innovation and education within the industry of the Nordic Countries. It was administered by the
Nordic Council of Ministers The Nordic Council of Ministers is an intergovernmental forum established after the Helsinki Treaty. The purpose of the Nordic Council of Ministers is to complement the Nordic Council and promote Nordic cooperation. Structure The governme ...
. It had two divisions: the Bio & Chemistry division and the Materials Technology and Standardization The Bio and Chemistry Division managed a number of Nordic research/education/innovation projects under the Nordic Council of Ministers, and in collaboration with national, Nordic, and international communities and governmental agencies. BCD also managed 5 programmes: * Nordic Wood (1993–1997): A program for the Nordic
forestry Forestry is the science and craft of creating, managing, planting, using, conserving and repairing forests, woodlands, and associated resources for human and environmental benefits. Forestry is practiced in plantations and natural stands. Th ...
and wood industry. * NordFood (1993–2000): A program for the
food industry The food industry is a complex, global network of diverse businesses that supplies most of the food consumed by the world's population. The food industry today has become highly diversified, with manufacturing ranging from small, traditiona ...
. * NordPap (1993–1996): A program for the
cardboard Cardboard is a generic term for heavy paper-based products. The construction can range from a thick paper known as paperboard to corrugated fiberboard which is made of multiple plies of material. Natural cardboards can range from grey to light b ...
and
pulp Pulp may refer to: * Pulp (fruit), the inner flesh of fruit Engineering * Dissolving pulp, highly purified cellulose used in fibre and film manufacture * Pulp (paper), the fibrous material used to make paper * Molded pulp, a packaging material ...
industry. * NordBio (1989–1993): A program for the
biotechnology Biotechnology is the integration of natural sciences and engineering sciences in order to achieve the application of organisms, cells, parts thereof and molecular analogues for products and services. The term ''biotechnology'' was first used b ...
industry. * NordYeast (1987–1993): A program for the
yeast Yeasts are eukaryotic, single-celled microorganisms classified as members of the fungus kingdom. The first yeast originated hundreds of millions of years ago, and at least 1,500 species are currently recognized. They are estimated to constitut ...
and yeast application industry. Nordtek, the cooperation organization of the 23 Nordic technical universities was a subdivision of BCD. The organisation moved to Oslo in 1986.


Nordic Innovation Centre (2004–2011)

In 2004, the fund was
merged Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect ...
with Nordtest, to become known as the Nordic Innovation Centre. The organisation changed its name to Nordic Innovation in 2011.


Nordic Innovation (2011 - )


2018 - 2021

The Cooperation Program for Innovation and Business 2018-2021
Nordic Innovation supported programs and projects which contributed to fulfilling the goals of cooperation program. Nordic Innovation worked through three programs: * Nordic Smart Mobility and Connectivity * Nordic Sustainable Business Transformation * Health, Demography and Quality of Life


References


External links


Nordic Innovation

The Nordic Council of Ministers
{{Authority control Innovation organizations Nordic countries International trade organizations