Loans and equity

Scaling up Nordic green solutions on global markets.

How is Nefco facilitating green investments?

Nefco provides loans or equity-type funding to Nordic companies for green investments in support of growth on global markets.

Our objective is to facilitate investments in green solutions and technologies with global scaling potential. We support the demonstration of Nordic green solutions on international markets identified as having high potential for market growth, international expansion, and with a high probability of realisation.

Financing is primarily aimed at Nordic small and medium-sized enterprises (SMEs) for investments for international growth, such as machinery, equipment, technology or internal resources needed for production, sales, business development and scale-up of operations. The financing provided should contribute to one or more objectives in the EU Taxonomy.

Who can apply for Nefco funding?

Nordic SMEs and mid-cap companies that provide environmentally sustainable products or services, have at least three years of operational history and are planning an international investment can apply for funding.

The investments to be financed shall normally be located outside Nefco’s owner countries (Denmark, Finland, Iceland, Norway and Sweden) or directly aim at international scale-up. Investments within the Nordic region can be considered for investments with high demonstration value and international scale-up potential.

Nefco requires borrowers to meet reasonable financial criteria, but the primary focus is on the positive environmental impacts of the investment. In addition to the environmental aspects, we always examine the technical feasibility and financial profitability of all financed investments.

Read more about our investment criteria and cycle

What is the maximum financing available?

The maximum financing from Nefco can be up to EUR 5 million and the average financing amount is EUR 2 million. The funding is provided as loans on market terms, and equity-type investments can also be considered.

What sectors are included within the scope of investments?

Typical investments may be related to the following sectors:

  • circular economy
  • energy and energy efficiency
  • food, agriculture and forest
  • manufacturing and materials
  • transportation and e-mobility
  • water, seas and oceans

How to apply for funding from Nefco?

1. Contact us

Contact our investment experts for further details. Please see the contact information below or use the contact form.

2. Tell us more about your project

You can fill in the financing proposal form and send it to us for an initial assessment (see Related documents below).

3. Our investment criteria and investment cycle

Take a look at how we assess and work with investments.

4. Other financing options

We also offer fast-track loans and financial support for feasibility studies in order to facilitate the internationalisation of Nordic SMEs.

Contact our investment experts

If you would like to get more information before applying, submit the contact form and we will get back to you soon. You can also contact our investment experts directly.

More information about financing for SMEs

Please fill in the form and we will be in touch soon.

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Contact us

Vivi Avikainen Investment Manager
Swedish, Finnish, English
Victor Degerlund Senior Investment Officer
Swedish, Finnish, English
Anne Mette Guerrero Investment Adviser
Norwegian, English
Fredrik Larsson Senior Investment Adviser, Sweden
Swedish, English
Helena Lähteenmäki Investment Director
Finnish, Russian, English, Swedish
Bo Eske Nyhus, Nefco
Bo Nyhus Investment Director
Danish, English, Russian
Søren Berg Rasmussen Investment Manager
Danish, English, Swedish, Finnish
Mikael Reims Vice President, Origination
Swedish, Finnish, Norwegian, English
Vanessa Salmela Investment Officer
Swedish, English, Finnish
Joakim Svahn Investment Officer
Swedish, English
Thor Thorsteinsson Vice President, Green Transition Nordic SMEs
Icelandic, Swedish, English

Want to know more?

Send us a contact request and we will be in touch.

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