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Business Norway: The Digital Business Card of a Green Economy Aiming to Attract Investors

Business Norway: Norway’s Matchmaking and Investment Portal | localmarket.no BUSINESS IN NORWAY
(Foto: Innovation Norway /Brand Norway)

The metaphor is catchy enough to survive countless slide decks: Think of BusinessNorway.com as “Tinder for Business” quips one senior official at Innovation Norway, the state trade-and-investment agency behind the site. Launched in May 2024, the portal sets out to compress the work of embassies and consultants into a few scrolls and clicks: pairing an Asian utility with a floating-wind supplier in Ålesund, steering a US infrastructure fund toward a battery gigafactory in Arctic Narvik, or walking a German cluster through Norway’s subsidy maze.

From oil giant to climate-tech broker


Norway’s timing is deliberate. Decades of hydrocarbon wealth financed an electricity system that is now 91–92 % hydropower, with wind and other renewables pushing the overall renewable share to nearly 100 %. That gives incoming manufacturers a low-carbon, low-price power contract few European rivals can match.

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Governance is another calling card. On Transparency International’s Corruption Perceptions Index 2024, Norway ranks 5th of 180 countries, while the World Bank’s Doing Business 2020 survey placed the country 9th worldwide (4th in Europe) for regulatory ease. Together, clean power and clean politics underpin Oslo’s pitch to investors spooked by geopolitical risk elsewhere.

How the portal works

Open the homepage and you land in a sector carousel that spans offshore wind, green maritime, hydrogen, batteries, digital infrastructure, health & life science, and manufacturing/design. Each vertical offers market data, regulatory primers and case studies. Click deeper and you reach a catalogue with hundreds of vet­ted solutions—each card shows emissions data, certifications and a “Get in Touch” button that triggers an introduction, either directly or via Innovation Norway’s advisers in 28 foreign outposts.

For investors, an Invest in Norwaytab bundles shovel-ready sites—data-centre plots cooled by fjord water, GW-scale hydrogen hubs along the west coast, shipyards pivoting to electric retrofits—complete with projected capex and local incentives. Exporters, meanwhile, can apply for the “Made in Norway” label, a seal of origin that certifies ESG compliance and supply-chain traceability—gold dust for European buyers racing to de-risk Scope 3 emissions.

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The Team Norway machine


BusinessNorway.com is the digital front end of Team Norway, a network that bundles embassies, chambers of commerce and state agencies under a single export banner. “Our consultants open doors and create the conditions for productive collaboration—whether it’s a site visit in Bergen or a term sheet in Singapore”, says Eva Camerer, Innovation Norway’s Director of Trade and Invest.

A recent test case: a French chemicals group hunting green ammonia used the portal to book a video call with Yara Clean Ammonia, downloaded technical specs for the Herøya industrial peninsula, and—within a fortnight—received an embassy invitation for an on-site tour. The entire funnel, from online query to plane ticket, took less than a month.

Race for the transition dollar

Oslo’s strategy faces stiff competition. Scotland markets its own floating-wind cluster; Sweden touts Northvolt as proof of battery dominance. Norway’s counter-offer is radical transparency: fully costed tax regimes, single-window permitting, and public-sector co-investors on every major project. Officials will not quote a headline target, but privately concede they are chasing “Tens of billions of kroner” in foreign direct investment for low-carbon industry by 2030—a bet underwritten by the nation’s €1.7 trillion sovereign wealth fund.

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An exportable model?


Other capitals are already taking notes. France sees the portal as a prototype for its upcoming hydrogen and SMR-nuclear platforms. Germany has sent a delegation to study how the site calculates lifecycle emissions for each listed solution.

Verdict

By concentrating market intelligence, company contacts and live deal-flow in one slick interface, Business Norway turns a dispersed national ecosystem into a single, investable proposition. Whether the concept will resonate beyond the Nordics remains to be seen, but in an era where “green money” is desperate for real-world assets, Norway may have found—with this digital “Climate Tinder”—a compelling way to sell its transition story to the world.

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