NOK 100M Grants — Open To All Countries
Norway's Norad enterprise development grants are one of the few Ukraine instruments open to companies from any country — not just Norwegian. Up to 60% of project costs funded, minimum NOK 5M grant. Focus on sustainable energy, food security, and infrastructure.
What Makes This Unique?
Norway's Norad Enterprise Development for Ukraine stands out as one of the few reconstruction instruments open to companies from any country. With up to 60% grant funding, the ability to fund capital expenditures, and a rolling application process, it's accessible to a wide range of companies investing in Ukraine's energy, agriculture, and infrastructure sectors.
What Gets Funded
- Sustainable energy production
- Wind and hydropower
- Food security and agriculture
- Critical infrastructure
- Ancillary infrastructure (80% rate)
- Capital expenditures (up to 50%)
Can You Apply?
You Qualify If
- You are a legal commercial company from ANY country
- Your annual turnover is at least NOK 25M (or market cap NOK 50M)
- You can provide audited accounts for the last 2 years
- You can co-finance at least 40% of project costs
- Your project is in sustainable energy, food security, or infrastructure
Not For You If
- You are an investment company, consulting firm, or equipment supplier (as primary applicant)
- Your project involves weapons or military material
- You cannot provide 40% co-financing
- Your grant would exceed 20% of your annual turnover
Frequently Asked
Is this really open to non-Norwegian companies?
Yes — 'Applicants from all countries, including Ukrainian, international and Norwegian companies, are welcome to apply.' Joint Ukrainian-Norwegian applications are given preference, but any commercial company can apply.
How do I apply?
Two-stage process: (1) Submit a 4-page Concept Note via Norad's Grants Portal (grants.mfa.no). (2) If invited, submit a full application with complete business case. Applications reviewed on a rolling basis until funds exhausted.
What are the recent funded projects?
March 2026 round (NOK 93M): DTEK Renewables — 650 MW wind power (NOK 5.5M); Malthe Winje — six small hydropower upgrades (NOK 24M); Fenix Repower — 0.52 TWh wind plant (NOK 57M); Farmasoft — pharma supply chain (NOK 6.5M).
Is there a fixed deadline?
No fixed deadline — applications accepted on rolling basis. Closure announced 1 week before on the Norad website. Submit in English.
What about equity ownership?
Minimum 25% equity ownership in the main project is preferred.
Can capital expenditures be funded?
Yes — up to 50% of the grant can fund capex. This is unusual for a development grant and makes it very attractive for manufacturing/energy projects.
Check Your Eligibility
Describe your Ukraine investment project and we'll assess your Norad eligibility.
Any Country,
Ukraine Project?
One of the few instruments open to all. Let's check your fit.