NEFCO Green Recovery Loan Programme

Enriched Nordic · Found: 2026-03-11 10:48

NEFCO provides fast-track loan and equity financing for Nordic SMEs offering innovative and sustainable solutions to environmental challenges. Active portfolio of 324 projects exceeding EUR 560 million. In 2022, 17% of portfolio and 40% of new grant financing supported circular solutions.

Source: https://nefco.int/news/nefco-finances-griffin-refineries

Funding Details

Contact

Auli Nikkilä, Investment Officer: auli.nikkila@nefco.int, +358 40 736 5871. General: info@nefco.int, Tel: +358 10 618 003. Address: Fabianinkatu 34, P.O. Box 241, FI-00171 Helsinki, Finland.

Last Checked

2026-04-20 10:25

Application Checklist

Eligibility

• Applicant must be a Nordic SME (small or medium-sized enterprise) — non-profits and NGOs are not the target group
• Company must offer innovative and sustainable solutions to environmental challenges

Project Scope

• Financing must support investments or business activities for international growth outside the Nordic countries
• Eligible focus areas include circular economy, waste management, plastic recycling, organic waste treatment, and clean energy solutions

Required Documents

• Consider prior engagement with NOPEF (Nordic Project Fund) for early-stage market entry support before applying

Constraints

• This is a loan/equity instrument — repayment is required; not a grant programme
• No fixed deadline; applications evaluated on a rolling basis

Historical Context

The article is from May 2022 and describes Griffin Refineries as a financing case. The 2025 annual report confirms an active portfolio of 324 projects exceeding EUR 560 million, indicating the programme is ongoing as of early 2026.

Why it was added

Nordic CE/plastic program for OPF

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