Nordic Atlantic Cooperation (NORA) - Project Funding
Enriched Nordic · Found: 2026-03-10 14:05
NORA is an intergovernmental organization under the Nordic Council of Ministers fostering collaboration across Greenland, Iceland, Faroe Islands, and coastal Norway. Supports early-stage commercially oriented projects in bioeconomy, sustainable tourism, circular economy, transport, energy, and local communities. Marine focus includes renewable marine resources and innovative value chains. Projects must involve partners from at least 2 NORA regions, be 50% self-financed, with funding caps of DKK 500,000/year or DKK 1,500,000 over 3 years.
Source: https://nora.fo/what-is-nora?_l=en
Funding Details
- Funder
- Nordic Atlantic Cooperation (NORA)
- Funding Goal
- Support of cross-border cooperation projects in the North Atlantic region (Greenland, Iceland, Faroe Islands, and coastal Norway) contributing to strong and sustainable economies. Priority areas include bioeconomy, circular economy, sustainable tourism, transport, energy, and local community development. Marine focus covers renewable marine resources and innovative value chains. Projects should address UN Sustainable Development Goals.
- Funding Amount
- Maximum DKK 500,000 per year, up to DKK 1,500,000 over 3 years (approx. EUR 67,000/year or EUR 200,000 total). Projects must be 50% self-financed. (up to 167.000 €)
- Deadline
- Periodic, typically March and October each year (periodic)
- How to Apply
- Two annual funding rounds. Round 1: announced mid-January, deadline early March, decision in June. Round 2: announced mid-August, deadline early October, decision November/December. Digital application form available at https://nora.fo/398. Apply for one year at a time even if project spans multiple years.
- Target Region
- North Atlantic: Greenland, Iceland, Faroe Islands, and coastal Norway. Canada and Scotland may be partners but are not eligible for direct funding.
- Contact
- NORA Secretariat: nora@nora.fo, Tel: (+298) 30 69 90, Bryggjubakki 12, P.O. Box 259, 110 Torshavn, Faroe Islands
- Official Page
- https://nora.fo/project-funding
- Last Checked
- 2026-05-07 07:42
Application Checklist
Eligibility
Project Scope
Required Documents
Constraints
Summary
Nordic Atlantic Cooperation (NORA) is an intergovernmental organisation under the Nordic Council of Ministers that brings together Greenland, Iceland, Faroe Islands, and coastal Norway. NORA offers project funding to cross-border cooperation initiatives involving partners from at least two of these four constituents, with a focus on strengthening regional collaboration and building sustainable economies. Thematic priorities are defined by NORA's Strategic Programme 2025-2028 and include bioeconomy, sustainable tourism, circular economy, transport, energy, and local community development. Marine themes include renewable marine resources and innovative value chains around ocean-based industries. Projects must align with UN Sustainable Development Goals and be commercially oriented rather than purely academic or cultural in nature. Eligible activities include collaboration projects between companies, public institutions, professional associations, and private individuals from at least two NORA constituents. Projects can be one to three years in duration and span early-stage commercially oriented work. Sub-projects for improving the basis of a project idea or expanding the partner circle are also eligible. NORA does not fund pure research or cultural projects. Geographic scope is restricted to the North Atlantic: Greenland, Iceland, Faroe Islands, and coastal Norway. Partners from Canada and Scotland may be included but cannot receive direct NORA funding. Nordic entities outside the NORA region may participate if they bring specific relevant expertise. Eligible applicants are companies, public institutions, professional associations, NGOs, private persons, and other organisations based primarily in the NORA region. Projects must be 50% self-financed. Maximum support is DKK 500,000 per year (approximately EUR 67,000) or DKK 1,500,000 over three years. Applications must be submitted per year for projects spanning multiple years. Two annual funding rounds operate: Round 1 with a deadline around March, and Round 2 with a deadline around October (exact dates announced on the website). Next deadline: 4 October 2026 (midnight Greenlandic time).
Historical Context
NORA was established in 1981 as a Nordic cooperation under the Nordic Council of Ministers. Coastal Norway joined in 1996. NORA has funded projects in bioeconomy, tourism, digital innovation, and marine value chains over many years with two annual rounds.
Why it was added
Key North Atlantic intergovernmental funding body supporting marine bioeconomy and cross-regional collaboration projects
Sources
- https://nora.fo/what-is-nora?_l=en
- https://nora.fo/introduction
- https://nora.fo/we-are-considering-to-apply
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