Innovation Norway

The objective of Innovation Norway, a state owned company, is to promote private- and socio-economic profitable business development throughout the country, and to release the commercial opportunities of the districts and regions by encouraging innovation, internationalisation and image-building. Our core group of clients are Norwegian companies, predominantly SMEs.

Innovation Norway employs more than 700 people. Innovation Norway has offices in all the Norwegian counties and in more than 30 countries world wide. The head office is located in Oslo.

Innovation Norway has a number of different services related to:

• Skills-based financing
• Consultancy
• Network building

In the context of hydrogen and fuel cells, an example of a relevant service is Industrial Research and Development (IFU) Contracts. An IFU contract is an agreement between two or more companies to cooperate in the development of a new "state-of-the-art" product, a process or service which one or more of the participants need. The IFU scheme is an outline agreement. The parties themselves will define the contents in such a way that they get the maximum benefit from the IFU contract. A condition for the scheme is that at least one of the partners needs the product or service developed, and that it does not already exist on the market in the form required. This party, called the customer, must be a market leader, professionally acknowledged and with a broad market access.

Related to the IFU scheme and generally, Innovation Norway has offices in a number of important internationally markets and has access to relevant network and competence in assisting Norwegian companies in their international involvement and cooperation related to hydrogen and fuel cells.

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