Innovation Norway – Industrial Research and Development Program (IRD Program)
Innovation Norway’s Industrial Research and Development Program (IRD Program) offers grants to Norwegian small and medium sized companies (SMEs) that are developing new products or services in collaboration with foreign companies. IRD Program may cover up to 45% of the development costs incurred by the Norwegian companies.
The support is based upon a contractual cooperation (IRDcontract) where the foreign company act as a pilot customer to the Norwegian company. The foreign company must have a need for the new product or service and the Norwegian company must meet the requirements set forth by the foreign pilot customer. The product or service to be developed should have a high level of innovation and represent a novelty in the market.
To learn more about the IRD Program and how you can apply for it, please click here.