Explore business opportunities with leading experts on our market visit to Denmark and Sweden on 22-25 May. Register today.
Date: 22 May 2017- 25 May 2017
Duration: 4 days
Admission Fee: This market visit is free for eligible Scottish companies to attend. You'll be responsible for your own travel and accommodation costs, however we can provide a travel grant for eligible companies.
Eligibility: Open to all Scottish companies with desire and capacity to extend their exports in Scandinavian markets.
On this market visit you'll be introduced to local partners who can help you enter the Scandinavian market and have a chance to network with like-minded Scottish businesses and local contacts.
We can offer support in the form of free market research for your product in the local market, with help to find distributors, advice on how to sell your product, the rules that apply when doing business in Scandinavia, seller introductions and practical advice on setting up there.
Recent years have seen Scandinavia raise its international profile, and the region is now considered to be an increasingly attractive business location. Denmark, Norway, Sweden all figure in the top 10 Ease of Doing Business Index (The World Bank). With its physical proximity, Scandinavia boasts a number of other links to Scotland - including air and freight routes as well as cultural history. It's a great starter export market for Scottish companies.
Denmark’s market economy features a high-tech agricultural sector, advanced industry with world-leading firms in pharmaceuticals, maritime shipping and renewable energy.
Danes enjoy a high standard of living and the Danish economy is characterised by extensive government welfare measures and an equitable distribution of income which ensures social stability. Denmark is regarded as one of the least corrupt countries in the world.
The Norwegian economy is a prosperous mixed economy, with a vibrant private sector, a large state sector, and an extensive social safety net. Norwegians enjoy the second-highest GDP per-capita among European countries (after Luxembourg), and the fourth-highest GDP (PPP) per-capita in the world.
Today, Norway ranks as the second-wealthiest country in the world in monetary value, with the largest capital reserve per capita of any nation. The standard of living in Norway is among the highest in the world. Foreign Policy Magazine ranks Norway to be the world's most well-functioning and stable country.
Sweden is the seventh-richest country in the world in terms of GDP (gross domestic product) per capita and it maintains a Nordic social welfare system that provides universal healthcare and tertiary education for its citizens. Sweden ranks highly in numerous metrics of national performance, including quality of life, health, education, protection of civil liberties, economic competitiveness, gender equality, prosperity and human development.
This market visit is open to companies from all sectors, however there are strong opportunities in the following sectors:
Key sectors in Scandinavia differ from country to country. Denmark generally displays a strong interest in green tech – namely the production and development of wind turbines – while Norway’s current focus is on renewable energy, with all of the country’s electricity produced by hydropower. Tidal energy is significant in Sweden, as is life sciences – the Ursun ‘medical valley’ region between Copenhagen and South Sweden is home to around 1000 life sciences companies, including world-leader in diabetes drugs development, Novo Nordisk.
Another industry Scandinavia holds in high regard is Scottish food and drink produce – particularly whisky and salmon. Scottish culture is of great interest to the Scandinavians, and there’s a growing market there for craft beer, gin and even rum.
You'll be responsible for covering the costs of your flights, accommodation and subsistence.
You may be eligible for funding up to £200 to assist with these costs.
Full programme details will be available shortly.
When you register we'll send you an application form and full details of support available for your company to join this market visit.