About Oslo Business Region

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Published by Oslo Business Region, 16 September 2021

We aim to create more new jobs and a sustainable economy in our region by supporting the startup and tech ecosystem in Oslo. Oslo Business Region AS is owned and funded by the City of Oslo.

We initiate, lead and support activities and projects helping startups and scaleups attract investment, attract and retain international talent, and build bridges between the ecosystem and the City of Oslo. We provide insight and we collaborate to build the Oslo brand internationally.

Oslo Business Region AS is owned and funded by the City of Oslo – Business Development and Public Ownership (NOE). Oslo Business Region was established 1 January 2014 and is a limited company.

New jobs, value creation and a sustainable economy for Oslo

In 2021, startups and growth companies employed 15,400 people. In the last 10 years, 1 in 10 jobs has been created in tech startups and growth companies. The growth companies also employ more people than before. Since 2019, there has been an increase of 32% - 2,600 new jobs have been created in growth companies in the Oslo region.

2% of the total value creation in the Oslo region comes from startups and growth companies. Value creation in startups and growth companies has almost doubled since 2010. In the Oslo region, startups and scaleups account for NOK 13.2 billion in value creation (Menon).

"For the municipality of Oslo, it is important to follow the development of the total value creation over time. The majority of these jobs have been created in the last decade, illustrating how important these companies are in creating new jobs. Startups alone employ 22 percent more people now than in 2016", says Victoria Marie Evensen (Ap), Vice Mayor for Business Development and Public Ownership in the City of Oslo, the owner of Oslo Business Region.

Our six strategic goals

  • More growth companies in Oslo
  • More talent to Oslo
  • More investments to Oslo
  • More business development between the City of Oslo and scaleups
  • More insight that contributes to improving the competitive advantage for business and innovation in the Oslo region
  • Improve Oslo’s reputation connected to entrepreneurship and sustainable business

How we work

Oslo Business Region promotes opportunities in the the startup and scaleup ecosystem in Oslo, connects Norwegian scaleups to investors and talent, provides data and insight and builds the Oslo brand. We initiate, lead and support several projects and services throughout a year.

Our vision and values

Vision
Building a world-class startup ecosystem in Oslo.

Mission
We connect people, companies, industries and cities to create opportunities for sustainable business growth in Oslo.

Position
Oslo Business Region is your go-to partner for startups, growth companies and the Startup Ecosystem in Oslo

Our values

  • Insightful - We have the insight you need to strengthen your competitive advantage.
  • Collaborative – We strengthen Oslo’s innovation eco-system through collaborations across sectors and borders
  • Empowering – We provide you with access to the network and partners you need to succeed, in Norway and abroad.

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