Nordic Environment Finance Corporation (NEFCO)

3 programs

Program	Source	Relevance	Funding
Nordic Environment Finance Corporation (NEFCO) For Startups Multilateral Blended Finance Grant Loan / Concessional Finance Africa Baltic Sea Nordic / Denmark Blue Economy Circular Economy Climate Marine Conservation	Nordic	–	Loans typically EUR 2–5 million for Nordic SMEs; feasibility study support up to EUR 50,000 (convertible grant); grant amounts through trust funds vary by programme
Nordic Environment Finance Corporation (NEFCO) For NGOs For Startups Multilateral Blended Finance Grant Loan / Concessional Finance Africa Baltic Sea Nordic / Denmark Blue Economy Circular Economy Climate Pollution	Nordic	–	Loans typically EUR 2-5 million for Nordic SMEs (larger amounts possible). Nopef feasibility studies up to EUR 50,000 (conditional loan convertible to grant). Baltic Sea Action Plan Fund: €1.3 million total across 8 projects in 2025 round (~€160,000 per project average).
Nordic Environment Finance Corporation (NEFCO) For Startups Multilateral Blended Finance Grant Loan / Concessional Finance Africa Baltic Sea Nordic / Denmark Biodiversity Blue Economy Circular Economy Climate Marine Conservation Pollution	Nordic	–	Loans typically EUR 2-5 million for Nordic SMEs; Nopef feasibility study support up to EUR 50,000 (conditional loan convertible to grant); larger sums available for financially strong companies.