Regional Development Fund Explained

Regional Development Fund
Type:Government agency
Foundation:1961
Defunct:1993
Location:Oslo, Norway
Key People:Reidar Carlsen, Leif Aune, Terje Stubberud
Industry:Banking

The Regional Development Fund (Norwegian: Distriktenes utbyggingsfond, DU) was a national development bank[1] in Norway tasked with promoting regional development by counselling, loans and subsidies. The fund was established in 1961 and existed until 1993, when it was merged with the Industry Bank and the Industry Fund to form the Norwegian Industrial and Regional Development Fund. In 2004, the Norwegian Industrial and Regional Development Fund was merged with other agencies to form Innovation Norway.[2]

The Regional Development Fund was headquartered in Oslo.

Directors of the Regional Development Fund

References

  1. http://www.regjeringen.no/upload/KRD/Vedlegg/REGA/Forskning,%20utredninger%20og%20evalueringer%20fom%2008/OECD%20Reviews%20of%20Innovation%20Policy%20-%20Norway_2008.pdf OECD Reviews of Innovation Policy: Norway
  2. Book: 1986 . Regional utvikling mot år 2000 . 8202108969 . [Oslo] . Cappelen .