23/06/2020

Innovation Funding: Denmark's Innofounder


The focus EURAXESS China this week is innovation funding. If you would like to learn more join our webinar on 24 June

 

 

 

 

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The Innovation Fund participates in several strategically selected international programs and schemes aimed at promoting Danish engagement in international research and innovation.

It offers different programmes to those looking to apply for an investment to develop an idea including also addressing small enterprises and individual entrepreneurs with sound development plans and talents: undergraduates, recent graduates or postgraduate researchers aiming to become entrepreneurs or to secure a research career in the private sector.

Innofounder

Provides 0.03 - 0.2M € in subsidies for research and development within:

  • Security
  • Energy, environment and climate
  • Material and production technology
  • Information and Communication Technology
  • Food, agriculture and biotechnology
  • Health technology

About Innofounder

Innofounder is a programme under by Innovation Fund Denmark investing in promising start-ups, founded by either newly graduated or experienced academics or by researchers. The programme is built around monthly scholarships and a grant. The aim is to accelerate the development of innovative business ideas from early stage to market- or investor-ready stage

Possibilities with Innofounder

Companies with up to three founders can attain an total investment (grant) between 0.2 and 1.5 million kr.

Requirements under Innofounder

To apply for Innofounder - Graduate you must have completed a higher education within the last 24 months

To apply for Innofounder - Experienced you must have significant research and / or work experience.

 

Innofounder - Graduate

The programme extends over 12 months and provides (per founder applying):

Monthly support of DKK 15,000

Grants of DKK 35,000

Experienced mentor, space in coworking space, monthly workshops, network access with investors other start-ups, designers and large companies.

Innofounder - Experienced

The programme lasts 12 months and offers (per founder applying):

Monthly support of DKK 30,000

Grants of DKK 100,000 for the development of a business idea

Ongoing dialogue about experiences and needs along the way with Innofounder.