NEFCO Nopef — Nordic Feasibility Grants for Green Technology

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Enriched government · Found: 2026-03-14 20:33

Nordic DFI feasibility grants. Up to EUR 50K for Nordic SMEs scouting green tech deployment in developing countries. Rolling application. Requires company structure, not NGO.

Source: https://www.nefco.int/financing/companies/nopef/

Funding Details

Funder: NEFCO (Nordic Environment Finance Corporation)
Funding Goal: Support Nordic companies' feasibility studies for green technology in developing countries
Funding Amount: Up to EUR 50,000 per feasibility study (covers max 50% of costs)
Deadline: Rolling application — contact NEFCO to initiate (Rolling)
How to Apply: Contact NEFCO directly: info@nefco.int or +358 10 618 003. Application process is advisory-first. NGOs as lead applicants not eligible; requires a company structure. 50% co-financing required.
Target Region: Developing countries globally — company must be Nordic origin
Contact: info@nefco.int
Last Checked: 2026-03-14 20:35

Application Checklist

Eligibility

Nordic country origin (Denmark qualifies)
Must be an SME (fewer than 250 employees) with proven green solution
Must be seeking to establish operations in a developing country

Project Scope

Demonstrated environmental / climate impact

Constraints

NGOs as lead applicants not eligible; requires a company structure
Maximum EUR 50,000 — limited to feasibility/preparatory phase only
50% co-financing required

Summary

NEFCO Nopef is a small but useful instrument for Danish companies scouting new developing country markets for green technology deployment. For the organisation, the pathway is indirect: either establish a Danish commercial entity (social enterprise) that applies for Nopef, or partner with a Danish SME working on plastic recycling technology that uses Nopef to fund a feasibility study in one of the organisation's operating countries. The EUR 50,000 maximum makes this a tool for market entry studies rather than operational grants, but it can generate the evidence base needed to unlock larger investment from IFU, NEFCO's own loan facility, or other impact investors. NEFCO also offers larger loans for green investments by Nordic companies internationally — this could be relevant if the organisation's Danish commercial operations need scaling finance.

Historical Context

NEFCO was founded in 1990 and has traditionally focused on environmental projects in Eastern Europe and Russia. Under its 2026-2030 strategy, it has pivoted to become the Nordic Green Bank with a broader mandate covering developing countries globally. The Nopef instrument has existed since the 1970s and is one of the longest-running Nordic feasibility grant mechanisms.

Why it was added

grant-scan-2026-03-14-government

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