INNOVATION NORWAY

Svein-Egil Nielsen

Director, Innovation Norway, San Francisco

Stanford School of EngineeringEuropean Entrepreneurship & Innovation ProgramMarch 8 2010

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Norway is a small country rich in natural resources

Population 4.9 M

Size : 324,220 sq km, (California:411,048 sq km)

Employment: 72 %Unemployment: 3.3%

Gross domestic product per capita, (PPP USD), 2009: 53.300

In 2007, Norway had an export surplus of NOK 363 billion. This made up 16 % of GDP.

There is a Sovereign wealth fund that was worth ~ 440B USD by the end of December, 2009

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Famous for spectacular natureArtic Norway is the kingdom of light

Northern lights over Ersfjord at Kvaløya in Tromsø, Norway

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Famous for spectacular natureThe world famous fjords of Western Norway

Geiranger, Norway

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Spectacular structures by man –Troll A 1990 Technology

The Troll A platform

has an overall height

of 472 meters and

weighs 656,000 tons

and has the

distinction of being

the tallest structure

ever moved by

mankind

Source: StatoilHydro

Spectacular structures by man –Ormen Lange Field2000 Technology - Norway’s largest Gas field

Spectacular structures by man –Ormen Lange Field2000 Technology - Norway’s largest Gas field

http://www.ormenlangeworld.com/

Ormen Lange is the largest natural gas field in development on the Norwegian continental shelf.The Ormen Lange field is developed without using conventional offshore platforms.

Source: Shell

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Successful startups (I)Piranema

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Successful startups (II)

We give local ideas global opportunities

From Bodø to Beijing

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Innovation Norway ….

shall support Norwegian

companies with growth

ambitions to succeed in

international competition –

whether they face

competition at home or

abroad -

with the aid of:expertise, advisory services, networks, financing andexposure

Tromsø

Bodø

Steinkjer

TrondheimÅlesund

Hermansverk

Bergen

Stavanger

Kristiansand Arendal

TønsbergSarpsborgSkien

Drammen Oslo og Akershus

Molde

Hamar

Vadsø

Lillehammer

Tynset

Tinn

Førde

• Regional

knowledge of

business and the

community

• Regional

differentiation of

Innovation

Norway’s products

and services

An organisation close to its customers

District Offices

Local Offices

Alta

An organisation close to its markets

Brazil

Bulgaria

Canada

China

Czech Rep.

Denmark

Estonia

Finland

France

Germany

HungaryIndia

Italy

Japan

KoreaMalaysia

Poland

Portugal

Romania

Russia

Singapore

South Africa Spain

Sweden

Thailand

The Netherlands

Turkey

United Arab Emirates

United Kingdom

USA

Vietnam

In Americas offices in Toronto, Rio, Boston, New York, Washington DC, Houston and San Francisco

Innovation Norway San Francisco

Located downtown San Francisco with the Norwegian Consulate General

Cover: Western United States and have special responsibility for INs North American ICT initiatives

Focus Areas• Innovation• Entrepreneurship• ICT• Life Science• Renewable Energy/Cleantech

Four Employees + consultants

Seamless service, based on customer needs

• Innovation• Entreprenuership• Internationalisation• Profile building

• Advisory services• Competence services• Networking services• Promotional services• Financing services

As a customer you have your needs – together we will find a solution to those needs

Focus Services