Factsheet for case NO-2020-16/799 – Updated – measures in Norway
|Country||Norway , applies nationwide|
|Time period||Open ended, started on 17 April 2020|
|Type||Legislations or other statutory regulations|
Supporting businesses to stay afloat
– Direct subsidies (full or partial)
|Author||Aasmund Arup Seip, FAFO and Eurofound|
|Case created||27 April 2020 (updated 06 August 2020)|
In order to limit the damage caused by Covid-19 for companies linked to agriculture, Innovation Norway will expand the framework for support for investment, business development and growth. The implemented measures are particularly aimed at companies that have seen shrinking market and revenue as a result of the Covid-19 pandemic, and companies with investment projects that have experienced significant cost increases as a result of the fall in the Norwegian currency exchange rate.
Many companies selling local food, agriculture-related tourism, and companies in the reindeer industry are now experiencing a shrinking market and loss of income as a result of the Covid-19 pandemic. For this group, two new grant schemes are now being introduced. One scheme gives companies opportunity to apply for funding of pre-projects to clarify, for example, new market opportunities. Such pre-projects can be supported with up to 100 per cent of approved costs, limited up to NOK 150,000. The second scheme allows companies to apply for grants to carry out developing projects. Such projects can be supported with up to 75 per cent for development costs and up to 50 per cent for physical investments needed to complete the project.
No information to date.
|Applies to all workers||
Sector specific set of companies
|Does not apply to citizens|
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Form||Any other form of consultation, institutionalised (as stable working groups or committees) or informal||Any other form of consultation, institutionalised (as stable working groups or committees) or informal|
Social partners' role in the implementation, monitoring and assessment phase:
Organisations at industry level were invited to give comments on the measures before it was applied.
Social partners have been consulted regularly during design and implementation of the measure.
|Economic area||Sector (NACE level 2)|
|A - Agriculture, Forestry And Fishing||A1 Crop and animal production, hunting and related service activities|
This case is not occupation-specific.
Eurofound (2020), Support for agriculture and agricultural industries, case NO-2020-16/799 (measures in Norway), COVID-19 EU PolicyWatch, Dublin, http://eurofound.link/covid19eupolicywatch
Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process. All information is preliminary and subject to change.