Nordic Innovation

They to aim to make the Nordics a pioneering region for sustainable growth by promoting entrepreneurship, innovation and competitiveness in Nordic businesses.

The fund was to promote research, innovation and education within the industry of the Nordic Countries.

[1] It had two divisions: the Bio & Chemistry division and the Materials Technology and Standardization The Bio and Chemistry Division managed a number of Nordic research/education/innovation projects under the Nordic Council of Ministers, and in collaboration with national, Nordic, and international communities and governmental agencies.

BCD also managed 5 programmes: Nordtek, the cooperation organization of the 23 Nordic technical universities was a subdivision of BCD.

In 2004, the fund was merged with Nordtest, to become known as the Nordic Innovation Centre.