Photo: Johannes Jansson
Completed projects in 2023
International scale-up and investments
33
projects
resulted in the establishment
of an international business
or a completed international investment
The objective of the feasibility studies supported by Nopef is ultimately to help Nordic SMEs to establish business operations, demonstrate their solutions and invest on international growth markets. The results of completed projects are evaluated annually through a targeted customer survey.
During the year, 33 feasibility studies (target 23) resulted in the establishment of an international business or a completed investment in the project country. This corresponds to a success rate of 57% (target 50%) for projects completed in 2023.
The completed projects represented all five Nordic countries and are spread across 24 target countries, including six projects in the US, three in India and two in Canada and Kenya respectively.
