Nopef (the Nordic Project Fund) was established by the Nordic countries in 1982 with the aim of strengthening the competitiveness of Nordic companies by providing support for feasibility studies and preparatory activities for internationalisation. Today, Nopef finances projects that contribute to the green transition, with a particular focus on the internationalisation of Nordic SMEs providing environmental and climate solutions with demonstration value and potential for scale-up and growth on global markets. Nopef is managed by Nefco and funded by the Nordic Council of Ministers.