Innovation Norway is a state-owned company started in 2004 that replaced four governmental organisations. These organisations were:
The goal of Innovation Norway is to promote nationwide industrial development with focus on both business economy and Norways national economy. It also has the goal of releasing the potential of the different districts and regions in Norway by contributing to innovation, internationalisation and promotion. Innovation Norway has offices in all the Norwegian counties, with the head office in Oslo. It also has offices in 30 countries around the world. Innovation Norway runs Visitnorway.com which won three Webby Awards[1] in 2009.
The venture capital fund Investinor is a wholly owned subsidiary of Innovation Norway.