CEO Anne-Grete Ellingsen at the Annual Meeting 2018.

Program for start-ups and younger companies extended by GCE NODE’s Annual Meeting.

In the wake of the downturn in the oil and gas industry, GCE NODE arranged for start-ups to join the cluster at no cost, but with an obligation to contribute with at least 25 hours in-kind.

Originally designed as a two-year program, the development in the industry called for an extension of the program, which was approved by GCE NODE’a Annual Meeting Thursday.

The meeting also decided to reduce the fee for larger GCE NODE participants from a maximum of NOK 250,000 to NOK 175,000 per year.