InnoBoster

Innovation Fund Denmark (InnovationsFonden) is a government-backed institution that provides grant funding to Danish startups and SMEs developing innovative solutions to social challenges. The InnoBoster program supports early-stage companies with fewer than 250 employees, having invested DKK 2.2 billion in 2,500 companies since 2020. Over 5,000 startups apply annually for this competitive grant funding opportunity.

Innovation Fund Denmark (InnovationsFonden) is a government-backed institution that invests in entrepreneurs and startups that develop innovative ideas to solve important social challenges in Denmark.

Since 2020 the fund invested DKK 2.2BN in 2,500 companies.

Over 5,000 startups apply each year for funding. Small and medium companies (SMEs) as well as new startups can apply for the grant. To be eligible, your company must meet the following requirements;

Less than 250 employees
Less than EUR 50M revenue (or a balance sheet of less than EUR 43M)
Also, your business must:

Have raised at least DKK 100,000 over the last 3 years; or
Have at least DKK 250,000 annual gross profit in the last fiscal year
How much can you get?
Successful applicants can obtain a grant funding anywhere from DKK 50,000 to DKK 5 million.