Industrial Development Corporation of Norway

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.^[2]

SIVA SF

Type	State Enterprise
Founded	1968
Headquarters	Trondheim, Norway
Area served	Norway
Key people	Erik Haugane^[1] (CEO) Åslaug Haga (chair) Peter Arbo (vice chair)
Revenue	NOK 60 million (2005)
Number of employees	32 (2007)
Parent	Norwegian Ministry of Trade and Industry
Website	www.siva.no

SIVA is based in Trondheim, where it employs almost 40 people.^[1] 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 edit

^ ^a ^b Jonas Skybakmoen (17 April 2013): Haugane går til toppjobb i staten (in Norwegian) Adresseavisen, retrieved 12 June 2013
^ The Industrial Development Corporation of Norway (SIVA)

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