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Innovation Fund Denmark

Also known as Danish Innovation Fund, Danmarks Innovationsfond, Innovationsfonden

Grant program Copenhagen, Denmark Since 2014 danmarksinnovationsfond.dk

InvestmentEquity-freeno equity taken
Credits and perksNone statedMaximum across tiers
Program length52 weeks
Companies supported—

Overview

Danish public fund that finances research and innovation projects linking research with business, with about DKK 8bn in active investments in 2025. Its startup schemes include InnoFounder for new founders, Innobooster for knowledge-based development projects at SMEs and startups, and Innoexplorer for maturing research results.

What startups get

InnoFounder pays DKK 27,500 per founder per month for a 12-month full-time programme, or a development grant of up to DKK 100,000. Innobooster co-finances projects with grants from DKK 200,000 to DKK 5 million.

Details

Type
Grant program
Headquarters
Copenhagen, Denmark
Runs in
Copenhagen, Aarhus
Format
Grant schemes with application calls
Who can apply
Danish-registered startups and SMEs; InnoFounder needs founders with higher education who own at least 12.5%
Standard terms
Equity-free
Stages
Pre-seed, Seed, Early stage
Sectors
deep tech, climate, AI, biotech
Started
2014
Status
Active
Website
danmarksinnovationsfond.dk

About this data

Compiled from the program’s website, announcements, and press reports as of October 9, 2026. Terms, credits, and eligibility change between cohorts; confirm them with the program before applying. Alumni are examples, not a complete list.

  1. danmarksinnovationsfond.dk/en
  2. danmarksinnovationsfond.dk/en/programmes/innofounder
  3. danmarksinnovationsfond.dk/en/about-innovation-fund-denmark
  4. innovationsfonden.dk/sites/default/files/2025-08/Innoboos…
  5. oecd.ai/en/dashboards/policy-initiatives/innovation-fund…