Nordic Innovation is an institution under the Nordic Council of Ministers that facilitates sustainable economic growth in the Nordic region through international cooperation. It has 25 employees and an annual budget of approximately 80 million NOK. Nordic Innovation seeks to add value through mapping initiatives, identifying best practices, finding synergies, and leading joint Nordic projects. Some current projects include the Nordic to Global Initiative to connect Nordic investors with foreign partners and measuring innovation strategies in Nordic companies. The organization also focuses on entrepreneurship through forums, education projects, and publishing the Nordic Growth Entrepreneurship Review.