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Gazelles for growth

The number of Nordic start-ups may be high but the companies themselves fare poorly in comparisons with the USA, etc., as the high number fails to reflect in any corresponding boost to economic growth.

Oct 25, 2010

With this in mind, the Nordic trade ministers have agreed on a major initiative to boost growth in Nordic start-ups in relation to their global competition.

Photographer
Johannes Jansson/norden.org

With this in mind, the Nordic trade ministers have agreed on a major initiative to boost growth in Nordic start-ups in relation to their global competition.

Meeting in Copenhagen on 25 October 2010, the ministers decided to set up a Nordic knowledge centre to co-ordinate and improve entrepreneurship initiatives. Two of the centre’s main priorities will be entrepreneurship programmes and initiatives designed to improve growth prospects for rapidly growing "gazelle" companies.

The Danish Minister of Economic and Business Affairs, Brian Mikkelsen, on sustainable construction.

The knowledge centre is one of several lighthouse projects in a new three-year strategy – 'The Nordic Co-operation Programme for Innovation- and Business Policy 2011-2013' – approved by the ministers.

The strategy also includes a Nordic innovation forum, a Nordic strategy for corporate social responsibility, a joint marketing campaign by innovative companies, the creative industries and innovation in public-sector procurement and regulation, particularly in the health sector.

It also includes a comprehensive Nordic programme for climate-friendly construction.

The ministers aim to reduce energy consumption in buildings while improving the export prospects for Nordic energy solutions. The long-term ambition is to reduce CO2 emissions. Buildings account for approximately 40% of total energy consumption at the moment in the industrialised world.

The reduction will be achieved by a multi-year commitment to new ideas for:

  • more efficient energy use
  • better building materials
  • renovation of systems

Nordic Entrepreneurship Monitor is available here on norden.org

Read more about climate friendly construction on norden.org

Health innovation in the Nordic countries is available at norden.org

Read more about KreaNord

Contacts

Helena Wallin
Phone +45 3396 0351
Email hw@norden.org

Anne Sofie Bender
Phone +45 3396 0274
Email asb@norden.org

Pouline Terpager Rasmussen
Phone +45 33 96 02 93
Email ptr@norden.org