The NVCA has two categories of member: primary and associate.
Membership of the association is exclusive and carries obligations. A written application to join should be addressed to the board, for the attention of the CEO, and should contain details about the business, capital under management, shareholders, industry focus and location. The board will assess applications and grant or refuse membership at its sole discretion.
Membership of the NVCA is open to independent, professional management companies in which investment in new ventures, company growth or corporate restructuring plays a significant role, which exercise active ownership, which have at least NOK 50 million in capital under management, and which have investment in Norway as a substantial part of their overall business.
Primary members of the NVCA are under an obligation to observe the industry’s code of ethics. They must work to achieve the association’s objects, and observe its statutes as well as decisions taken under these.
Primary members can be suspended and/or excluded for breaches of the ethical code or if they cease in some other way to satisfy the criteria for primary membership of the association.
Associate membership is open to other enterprises, organisations providing services to the venture capital sector, and other businesses interested in the venture capital business who wish to support the association’s work.
Membership fees are set by the annual meeting. Membership of the association becomes valid on and will be calculated from the day the fee is paid.
Please contact the secretariat for further information.