top of page

Concluded Projects


Nordic Innovation

High Growth Entrepreneurship Program

Grant: ENT13508


Nordic Crowdfunding Alliance Project


The Nordic Crowdfunding Alliance was a partnership of key players in the Nordic crowdfunding scene dedicated to develop an ever more crowdfunding-friendly Nordic region, while empowering and facilitating entrepreneurial growth in the region.

The alliance was managed centrally by the University of Agder's School of Business and Law during the project period, and was founded in collaboration with five original platforms: Bidra from Norway (originally Foend), Booomerang from Denmark, Karolina Fund from Iceland, Mesenaatti and Invesdor from Finland. Later joined by SparkUp and Sponsor from Norway.

Throughout the project period, the alliance has held multiple outreach events in all member countries, held rotating meetings every six months, and monthly virtual meetings. Meetings were held for pooling knowledge, experience and resources for solving problems and addressing issues that emerge in the market.

Issues addressed including growth strategies, ethical practices and codes, government lobbying, business model development, and traffic generation towards Nordic scale campaigns on member platforms.

In addition, the alliance has been active in research work that continues to result in new publications well after the project was concluded.

In the media:, "Dr. Rotem Shneor, Head of the Nordic Crowdfunding Alliance, Professor at University of Agder’s Centre for Entrepreneurship Aligns Innovators and Interrupters "/ By Erin Hobey. 19.12.2014, "Cross-Border Crowdfunding The Nordic Way" / Trevor Clawson.  21.04.2014

SAS Scandinavian Traveler, "FOLKEFINANSIERING TAR AV" / J. H. Ewing. 20.05.2017

bottom of page