An innovation hub launched in New York this week aims to pave the way for Nordic startups to more easily scale their businesses in America.

Nordic Innovation House – New York, an initiative backed by Denmark, Finland, Iceland, Norway and Sweden, will be a home from home for promising young companies from these countries. Financed by the innovation division of the Nordic Council of Ministers, Nordic Innovation, the new centre is the second Nordic Innovation House (NIH) established in America, the other is in Silicon Valley; locations listed as one and two in the 2017 Global Startup Ecosystem Ranking.

“Nordic Innovation House is the US headquarters for the Nordic Startup Community. Our concept allows members to have a presence in Silicon Valley and New York, providing our members with a “soft landing space” and a community of peers, partners, investors and service providers,” the NIH website states.

The opening of the New York arm of NIH was welcomed by the city’s Commissioner for International Affairs, Penny Abeywardena.

“New York City is thrilled for the launch of the Nordic Innovation House. NYC has always been a place for people from around the world to come grow their businesses, and we welcome them today as much as ever. We look forward to becoming a home for even more innovators from Denmark, Finland, Iceland, Norway, and Sweden—countries that have produced wonderful companies and shown the world that business growth and equitable societies can go hand in hand. We know the entrepreneurs from these five countries will find in our five boroughs the talent, innovation and creativity that matches the spirit of their home nations,” she said.