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Innovasjon Norge expects staff reductions after proposed budget cuts

Innovasjon Norge expects to reduce staffing after proposed government budget cuts of around NOK 300 million. CEO Håkon Haugli estimates a reduction of fewer than or around 20 people and hopes to avoid layoffs.

Nordic Startup News desk Based on reporting by Shifter · Single-source report
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Innovasjon Norge expects to reduce its staff after the Norwegian government proposed cutting around NOK 300 million from the agency's programmes. CEO Håkon Haugli told Shifter that the agency is still assessing the proposal's effects. He estimates that staffing may need to fall by fewer than or around 20 people, but hopes to avoid layoffs through natural attrition and targeted measures.

The agency completed an earlier downsizing in June, when more than 100 employees accepted voluntary severance packages. Haugli says reduced funding would also leave entrepreneurs and established businesses with fewer opportunities to carry out projects. The proposal includes ending the environmental technology scheme and offering no new Green Platform call.

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Innovasjon Norge expects staff reductions after proposed budget cuts

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  1. Policy or research context

    Norwegian Government to Cut Entrepreneur Support by NOK 40 million

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    Shifter
    Why linked? View evidence
    Innovasjon Norge expects staff reductions after proposed budget cutsRecorded source excerpt · original wording
    Innovasjon Norge varsler ny nedbemanning etter regjeringens budsjettkutt på rundt 300 millioner kroner. Håkon Haugli håper å unngå oppsigelser, men færre midler gir gründere færre støtteordninger. Det blir en ny runde med nedbemanning for Innovasjon Norge, etter statsbudsjett-fremleggelsen denne uken. Regjeringen ha...
    Shifter ↗
    Norwegian Government to Cut Entrepreneur Support by NOK 40 millionRecorded source excerpt · original wording
    Innovasjon Norges hovedpost for gründere får et realkutt på 40 millioner kroner i 2027. Samtidig vil regjeringen bruke frigjorte Investinor-midler til vekstkapital og nye fond. Innovasjon Norges hovedpost for gründere får et realkutt i 2027. Det går fram av budsjettproposisjonen fra Nærings- og fiskeridepartementet,...
    Shifter ↗
    Innovasjon Norge expects staff reductions after proposed budget cutsPublished article text · original wording
    If adopted, the proposed cuts could reduce both Innovasjon Norge's staffing and the support available to Norwegian entrepreneurs.
    Shifter ↗
    Norwegian Government to Cut Entrepreneur Support by NOK 40 millionPublished article text · original wording
    A NOK 40 million cut to Innovasjon Norge’s entrepreneurship budget is a notable policy shift that may reduce the public support available to early-stage companies. The move signals a strategic reallocation of public resources toward defence and preparedness and a greater emphasis on mobilising private growth capital, which could change how startups access funding and support.
    Shifter ↗
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