Trisha Shetty (Editor)

Industrial Development Corporation of Norway

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Type
  
State Enterprise

Revenue
  
NOK 60 million (2005)

Headquarters
  
Trondheim, Norway

Number of employees
  
32 (2007)

Area served
  
Norway

Website
  
www.siva.no

Founded
  
1968

Key people
  
Erik Haugane (CEO) Åslaug Haga (chair) Peter Arbo (vice chair)

CEO
  
Espen Susegg (1 Jan 2015–)

Parent organizations
  
Ministry of Local Government and Regional Development, Ministry of Trade and Industry

The Industrial Development Corporation of Norway or SIVA (Norwegian: Selskapet for industrivekst) is a Norwegian state enterprise responsible for government investment in incubators, science parks, industrial parks and real estate through partial ownership of other companies. The ultimate goal is to stimulate economic growth, through strengthening Norway's capacity related to innovation and creativity.

SIVA is based in Trondheim, where it employs almost 40 people. Through its investments there are about 8,000 employees in total. Investments include 46 industry and business parks in Norway, one in Russia, one in Latvia and two in Lithuania. It also holds partial ownership of 15 science- and 10 research parks, 20 incubators, 45 business gardens, 12 venture capital institutions and 4 research and development companies. SIVA cooperates closely with the Research Council of Norway and Innovation Norway.

References

Industrial Development Corporation of Norway Wikipedia