Industrial Development Corporation of Norway

Industrial Development Corporation Of Norway

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Industrial Development Corporation of Norway

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The Industrial Development Corporation of Norway or SIVA () is a Norwegian state enterprise responsible for government investment in incubators, science parks, industrial parks and real estate through partial ownership of 150 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 32 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 garden, 12 venture capital institution and 4 research and development companies. SIVA cooperates closely with the Research Council of Norway and Innovation Norway.






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