September 25, 2017

Nordic innovations land in New York

The opening event was attended by high-level representation from all five Nordic countries.
The opening event was attended by high-level representation from all five Nordic countries.
Business Wire

The Nordic countries have launched Nordic Innovation House – New York (NIH-NY), an alliance of Finland. Denmark, Finland, Iceland, Norway and Sweden.

The official launch of NIH-NY took place on 20 September. The aim of the initiative is to boost the potential of Nordic innovators as well as create a strong Nordic startup community in New York.

The majority of funding for NIH-NY comes from Nordic Innovation, the Nordic Council of Ministers’ innovation arm.

“The Nordics have a lot of promising and talented startups and entrepreneurs, but one of our largest challenges is how to help more of them scale their business,” says managing director of Nordic Innovation Svein Berg. “The Nordic Innovation House in New York can be a part of that solution, and can provide our talents with the support they need to go global.”

New York has become the second largest startup ecosystem in the world, and the city has made significant investments in infrastructure supporting innovations and technology. At the launch, New York City’s commissioner for international affairs Penny Abeywardena presented a warm welcome to the Nordic Innovation House.

“NYC has always been a place for people from around the world to come grow their businesses, and we welcome them today as much as ever. We look forward to becoming a home for even more innovators from Denmark, Finland, Iceland, Norway, and Sweden—countries that have produced wonderful companies and shown the world that business growth and equitable societies can go hand in hand.”

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