Innovation Norway Alta, September 28 th 2011 Lead Partner Seminar Northern Periphery Programme Photo: Kai Lund

Innovation Norway State owned company: District development Business development Representing Norway abroad (35 representations world wide) International relations ”We give local ideas global opportunities” 2

3 Innovation Norway: Objectives & Services ”Innovation Norway’s objective is to promote private- and socio-economic profitable business development throughout Norway and to release the commercial opportunities of the districts and regions by encouraging innovation, internationalisation and profile-building.” Photo: Kai Lund

4 Seamless service, based on customer needs Innovation Internationalisation Profile building Skills-based financing Consultancy Putting together networks Network building Our customer have their needs – together we will find solutions to those needs Focus Initiatives

5 The challenge making business ideas commercial When is a good business idea a good business idea? Product orientation versus market orientation Market research Where to produce? Depending on the type of product. Networking DARRA – bridging the digital divide ENE – Economuseés Northern Europe MicrE – Micro Waste to Energy Business North Charr – Aquaculture Arctic Charr NPPHunt – Sustainable hunting tourism

The business plan What is a business plan? The Business idea Personal informations Products/Services The Market Marketing and Sales Activities Finances - calculations Manufacturing entreprise Service production Sales budgets Operating budgets Capital requirements and Finances/financing plan Management Action plan 6

7 Visit our website at: innovationnorway.no