The Regional Development Fund ( no, Distriktenes utbyggingsfond, DU) was a
national development bank A national development bank is a development bank created by a country's government that provides financing for the purposes of economic development of the country.
List of development banks Americas
* Business Development Bank of Canada
* Brazil ...
in
Norway
Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and t ...
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 The Norwegian Industrial Bank ( no, Den Norske Industribank), also known as the Industry Bank, was a Norwegian bank.
It had a nationwide mandate as an industrial development bank. It was created in 1936, amid the interwar economic crisis, to supply ...
and the
Industry Fund
Industry may refer to:
Economics
* Industry (economics), a generally categorized branch of economic activity
* Industry (manufacturing), a specific branch of economic activity, typically in factories with machinery
* The wider industrial sector ...
to form the
Norwegian Industrial and Regional Development Fund
Norwegian, Norwayan, or Norsk may refer to:
*Something of, from, or related to Norway, a country in northwestern Europe
*Norwegians, both a nation and an ethnic group native to Norway
* Demographics of Norway
*The Norwegian language, including th ...
. In 2004, the Norwegian Industrial and Regional Development Fund was merged with other agencies to form
Innovation Norway Innovation Norway is a state-owned company and a national development bank.
The company's programs and services are intended to stimulate entrepreneurship in Norway. Its head office is in Oslo, and an office in each of the Norwegian counties. It al ...
.
[{{ cite book , year = 1986 , title = Regional utvikling mot år 2000 , isbn = 8202108969 , location = slo, publisher = Cappelen , url = http://urn.nb.no/URN:NBN:no-nb_digibok_2007080300070 ]
The Regional Development Fund was headquartered in
Oslo
Oslo ( , , or ; sma, Oslove) is the capital and most populous city of Norway. It constitutes both a county and a municipality. The municipality of Oslo had a population of in 2022, while the city's greater urban area had a population of ...
.
Directors of the Regional Development Fund
*
Reidar Carlsen
Reidar Carlsen (1 July 1908 – 2 May 1987) was a Norwegian politician for the Labour Party.
Reidar Carlsen was born in Bodin in Nordland county, Norway. He studied at the National School of Forestry (''Skogskolen'') in the community of Steinkje ...
(1961–78)
*
Leif Aune
Leif is a male given name of Scandinavian origin. It is derived from the Old Norse name ''Leifr'' (nominative case), meaning "heir", "descendant".
Use in the Nordic countries Spelling and prevalence
Across the Nordic countries, the most co ...
(1978–90)
*
Terje Stubberud (1991–92)
References
Defunct government agencies of Norway
Defunct banks of Norway
Government agencies established in 1961
Banks established in 1961
1961 establishments in Norway
Government agencies disestablished in 1993
Banks disestablished in 1993
1993 disestablishments in Norway
Organisations based in Oslo