Innovation Fund Denmark supports research and innovation projects to help businesses and institutions develop new technologies, including AI. In 2024, it dedicated 100 million DKK to AI projects to boost growth and solve important challenges. This initiative helps create smarter solutions that benefit society and the economy.
Name in original language
Innovationsfonden
Initiative overview
Innovation Fund Denmark was established in 2014 as part of the Danish innovation strategy from 2012 "Denmark - The country of solutions". The establishment of the fund followed a recommendation from an ERAC-peer review of the Danish research and innovation system to simplify the funding system by merging three former funding bodies; the Danish National Advanced Technology Foundation, the Danish Council for Technology and Innovation, and the Danish Council for Strategic Research.The initiative has the following objectives:Technology and Innovation:-InnoBooster is support for innovative R&D projects in SMEs.Strategic Research:-Grand solution projects is large collaboration projects between public and private actors focused on solving societal problems.-Talents is support of industrial PhD and PostDoc projects.Knowledge based entreprenourship:-InnoExplorer is support for proof-of-concept for experienced researchers.-InnoFounder is support for student and reserachers with entreprenurial.Internationalization:-EUROSTARS, ERANET, EUREKA and other bilateral agreements.
Name of responsible organisation (in English)
Danish Agency for Institutions and Educational Grants
