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New report by Idar Kreutzer on the Nordic ecosystem for innovation and green growth

  • Published 01/11/2018
The new report by Idar Kreutzer for the Nordic Council of Ministers highlights several points important to further strengthen innovation and competition in the Nordics.

The Nordic countries are integrated in an otherwise fragmented world. In a global context, the Nordic countries are small, and the Nordic region as a whole is economically strong, representing a significant, technologically advanced market.


In the report "An Integrated and Effective Nordic Ecosystem for Innovation and Green Growth", Idar Kreutzer proposes 16 recommendations the Nordic region should do to attract more venture capital.



“The report documents that Nordic companies experience difficulties in accessing capital in the early- and growth stages. The public sector should develop common models and solutions to solve these issues. Nordic Innovation agrees with this analysis and is working towards solving some of the obstacles through the Nordic Scalers programme”, says Svein Berg, Managing Director at Nordic Innovation.



Nordic Innovation initiated the Nordic Scalers programme to help high-growth companies prepare and accelerate their next stages of growth. The program is implemented as a public-private pilot in 2017 - 2019. The touch-points of the programme come in the form of annual scale-up summits, local scale-up sessions and a 10-week intensive coaching program Nordic Scale-Up Lab, targeted at the most exciting and ambitious scale-ups in the Nordic region.



Read more about batch 3 of Nordic Scalers here.