Missionbooster

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Missionbooster is a special program in the fall of 2022 with a focus on supporting the contribution of small and medium-sized companies (SMEs) to future solutions to the green transition.

 

The Missonsbooster program specifically aims to support the creation of companies' innovative knowledge base for future solutions in the four mission areas:

  • Capture and storage or use of CO2

  • Green fuels for transportation and industry (Power-to-X, etc.)

  • Climate- and environment-friendly agriculture and food production

  • Circular economy focusing on plastics and textiles

 

A Missionsbooster project will contribute in an innovative way to developing the innovative foundation for your SME's future green solutions. In this connection, there may be a need to add the latest knowledge to your company through a collaboration with a Danish university or GTS institute and perhaps also further involvement of other relevant knowledge institutions or private knowledge companies. It may also be that you need to hire a new employee with special competencies or want a collaboration with a relevant cluster organization to realize the project

A co-financing from Missionsbooster must, regardless of the type of solution, help to reduce the company's extraordinary risk in the innovation project. At the same time, the solution must be able to contribute to solving community-related challenges within one of the four mission areas mentioned above.

The mission booster aims to provide support for early innovation efforts. We therefore invest in the company developing its future innovation platform, on which new solutions can subsequently be established.

The mission booster is awarded under the definition "industrial research", and there is also a requirement that a Danish university or GTS institute be involved in the project.

The programme
Who can apply?
Open section, Who can apply?
  • Small and medium-sized enterprises 
  • New, promising start-up companies

It is a prerequisite for applying for the Missionsbooster program, that the applicant company has a Danish CVR number at the time of application.

The company must meet EU SME requirements, which means your company has:

  • less than 250 employees
  • an annual turnover of no more than 50 million. EUR, or an annual total balance of max. 43 mio. EUR.

The company must also meet at least one of the following two economic criteria:

  • Have obtained a documented deposit of external venture capital of at least 100.000 DKK  within the last 3 years.
  • Have achieved a documented gross profit of at least 250.000 DKK in the most recently published financial statements.

External venture capital is:

  • Cash deposit or unsecured convertible loan in the company from another legal entity (including founders personal or affiliated company) within the last three years.
  • Grants from other public or private programs where these funds are invested in specific development activities of the company. Funds from Innofounder for the applicant company or funds from Innoexplorer for the development of the basic idea for the application are considered external risk capital.

Venture capital is NOT :

  • Loans from banks, loan capital intermediary institutions or loans from owners where there is a requirement for priority and agreed and initiated business / repayment.
  • In-kind hours used by founders or other non-monetary deposits.

Innovation Fund Denmark can NOT grant grants to companies that:

  • is under compulsory dissolution, bankruptcy, voluntary liquidation or suspension of payments.
  • is owned by more than 50% of state, regions or municipalities.
  • receives operating grants from public institutions for more than half of the turnover.

No exemption is granted for the mentioned economic criteria.

Innovation Fund Denmark wants to promote diversity in all its aspects. Therefore, it is included as an element in the overall assessment that there is an appropriate professional diversity in the team that is to take on the task, in relation to the project's content and goals. In other words, emphasis is placed on you as the applicant being able to describe how the employees in the company and the knowledge providers together represent a sufficient diversity in relation to eg technology knowledge, market knowledge, customer and user understanding as well as management, so that the project is ensured the best conditions for success.

In addition, we encourage all interested companies to promote diversity in team composition through an inclusive focus on, for example, ethnicity, religion, gender identity, disability status, neurodiversity, age and / or nationality.

What can I apply for investment in?
Open section, What can I apply for investment in?

You can apply for co-financing for innovative projects that, combined with industrial research and collaboration with knowledge institutions, create the basis for growth, employment and value for the company as well as society.

The purpose of the Missionbooster is to enable SMEs to develop their future foundation for innovation. Here, emphasis is placed on you as an applicant incorporating the latest knowledge. At the same time, it is a prerequisite for the high support percentage that the projects live up to the requirements for "industrial research". In order to ensure the necessary level of knowledge, a requirement is made that a Danish university or GTS institute be included as a knowledge supplier in the project. The university or GTS institute must contribute relevant and significant knowledge to the project, and the involvement must be essential for the project's implementation and success.

 

See the guidelines for further description of the requirement for involvement of a Danish university or GTS institute.

We support projects that fall into the four mission areas:

  • Capture and storage or use of CO2 (see roadmap1 and roadmap2 )
  • Green fuels for transport and industry (see roadmap1 and roadmap2 )
  • Climate- and environment-friendly agriculture and food production (see roadmap 3 )
  • Circular economy with a focus on plastics and textiles (see roadmap 4 )

Missionbooster invests in innovation projects that fall within one of the four green mission areas mentioned above. In connection with the development of the missions, roadmaps have been prepared for each mission area, which you should consider in the application. You must hereby clarify which part of the specific roadmap your project contributes to, or explain why your project chooses a different effort than the one described in the relevant roadmap.

Read more about the four mission areas in the guidelines 

How much money can I apply for?
Open section, How much money can I apply for?

You can apply between 1.5 million. DKK and 5 mill. DKK pr. project.

Innovation Fund Denmark can co-invest a maximum of 70% of the company's relevant expenses for the project.

 

Please note that Missionsbooster is subject to EU state aid rules. The scheme is distributed under the "Block Exemption Ordinance - Industrial Research". This is a prerequisite for the projects to be supported with up to 70% of the total cost.

See the guidelines for a further description of state aid rules for companies.

What can the money finance
Open section, What can the money finance

A Missionbooster investment can co-finance:

 

  • Hours , which new and existing employees in the company apply to specific activities in the innovation project. Hours can be included from both employees employed in the company and the company owners when these owners receive salary from the company. The calculation principle is based on the individual employee's actual salary. See calculation principles in section 1.5 of the guidelines.
     
  • Expenditure on public and private knowledge providers (eg universities, GTS institutes, contract research institutes, private knowledge companies and specialist companies) approved in connection with the application is co-financed on the basis of paid invoices and calculated in the budget and the accounts without VAT. Note that it is a requirement that at least one Danish university or GTS institute is included in the project.
     
  • Expenditure on materials, equipment rental and depreciation costs on new equipment to the extent and for the period used in the project. When purchasing new equipment, only the depreciation costs can be included in the budget. Depreciation costs on the company's existing equipment are not accepted as part of the project budget. Invoices of less than DKK 10,000 for equipment and materials may not be included in the Missionsbooster budget or included in the financial statements. Only invoices issued by an external supplier are accepted.

 

Please note that expenses that are not specifically justified in the application cannot be included in the Mission Booster budget or included in the financial statements

See the guidelines for a further description of what a Missionsbooster investment can finance.

How long does the project have to take?
Open section, How long does the project have to take?

A Missionsbooster project can last between 6 months and 24 months.

You need to define and search for a project period that is realistic for your project. It is important that there is a clearly defined start and end date.

 

In determining the start date, you should take into account the assessment time that will be for your application. You should therefore calculate a sufficient time between the date you submit the application and your expected start time. It is recommended that the start time of the project is min. 3 months after the submission date.

If our assessment takes longer than expected, the project start date can subsequently be postponed accordingly.

Application
How do I apply?
Open section, How do I apply?

Your application must be created and submitted via the electronic application system e-grant .

You must register as a user of the system with either a username and password or with NemID before you can create an application.

 

You create a new application by finding the correct call under "Search options" and pressing "Start your application".

Note that the list of apply options is sorted alphabetically and that the names of all calls from Innovation Fund Denmark start with "IF".

The investment amount described is based on the investment you would like to apply to Innovation Fund Denmark for - not the total cost of the project.

If you apply for the wrong scheme (eg the regular Innobooster), your application will be rejected administratively and you will have to start all over again with a new application. We can not move the application administratively.

You must write your application in either Danish or English.

Application form, the template "Professional description-Mission Booster" and the guidelines are only available in Danish for this special program.

You can find a guide to e-grant on the website of the Ministry of Education and Research

Only persons employed by the company can be the contact person and submitter of the application. The person submitting the application must be able to sign and commit the company in relation to the information and obligations provided.

What must the application contain?
Open section, What must the application contain?

1) An administrative part that is filled in directly in e-grant. Here are given ia various information and declarations and a budget is created for the project.

2) A professional section that includes a description of:

 

  • The company
  • The idea / Innovative platform to be developed
  • Mission Booster Project
  • The specific contribution from the Danish universities and / or GTS institutes involved as well as any involvement of the relevant cluster organization
  • Activity Plan
  • The Market
  • The business objective and subsequent development towards a commercial gain
  • The team, including a description of the team's diversity
  • Possible results from previous grants from Innovation Fund Denmark.

The template for the academic description - Mission Booster can be downloaded here: Template for professional description .

In the academic description, an image or link to a short video / video pitch can be inserted that elaborates or supports the application (max. 2 min.).

Please note that an application can only be submitted when the budget is ready and the tasks for knowledge providers / subcontractors have been clarified. Any new employees do not have to be named at the time of application, but their competency profile must be clearly described.

See the guidelines for a further description of what the application must contain.

Evaluation
How does the assessment process take place?
Open section, How does the assessment process take place?

The first assessment step is an assessment of whether your application meets the formal requirements described in these guidelines. If your application is rejected at this stage, you will receive an administrative refusal.

If your application meets the formal requirements, the actual assessment will be made. If your application is considered to be sufficiently qualified, you are invited to pitch your project for Innoboosters Paneludvalg .

Vurderingsprocessen for Missionsbooster

Mission Booster Review Process

See the guidelines for a further description of the assessment process.

 

Who judges the application?
Open section, Who judges the application?

Administrative Check

Innovation Fund Denmark's employees first assess whether your application meets the formal requirements.

1. and 2nd rating
All applications that meet the formal requirements are then assessed by both a 1st reader and a 2nd reader.

  • 1. readers are recruited either from the Innovation Fund's professional staff or members of the  The Professional Assessment Committee  for Innobooster with relevant professional competencies.
     
  • 2. the reader is always an employee of the Innobooster program team and thus a specialist in the Innobooster program.

Pitch for panel
All applicants who are rated positively by 1st and 2nd readers are invited to pitch in front of Innobooster's Panel Committee. The panel consists of people with expertise and extensive experience in, among other things. innovation, entrepreneurship, business development and various subject-specific areas.

Overview of members of Innoboosters Paneludvalg .

For the specific panel day, a panel is set up with members who have professional insight into the mission area that the application represents. The panel then submits their assessment to the Innovation Fund's management, which makes the final decision on the application.

How is the application assessed?
Open section, How is the application assessed?

Your application will be assessed on the basis of the following three equivalent decision criteria, which are:

  • Quality of Idea
  • Impact
  • Quality in Execution

 

In connection with the three decision criteria, emphasis is placed on the following:

Quality of idea:

  • That it is clear what the basis of the idea is and what is new and innovative in the idea, as well as how the idea can develop to support the company's innovation platform.
  • That it is clear which concrete and difficult challenges must be overcome in the project before the solution is at the minimum level of proof of concept.
  • That the company is sufficiently supplied with new knowledge in connection with the project, and that a significant part of this knowledge is supplied from a Danish university or GTS institute.
  • That it is clear that the Missionsbooster project is carrying out industrial research in the company.
  • That it is clear which specific market and knowledge risks the development project addresses and how these are addressed.
  • That the results of the project differ sufficiently from the solutions already on the market.
  • That it is clear what results the project is expected to end up in and how these results support future concrete development projects towards commercialization.

Impact:

  • That it is probable that there is an expected significant need, potential users / paying customers and an expected market of relevant size internationally.
  • That the company will achieve a significant competitive and knowledge advantage based on the project results.
  • That it is indicated how the project's results will support the company's concrete business model, as well as how the further activities from the end of the project to commercial sales are expected to be concretized and implemented.
  • That the business gain of the project will ultimately significantly result in economic growth, exports and / or employment in Denmark.
  • That there is a connection between our investment in relation to the company's risk with a focus on the knowledge structure and subsequent expected implementation and implementation towards commercial solutions.
  • That the project is within the stated mission area and has the potential to contribute to the achievement of goals within this mission area, including that the possible impact on society is adequately described.

Execution quality:

  • That a clear activity plan has been drawn up with clear and quantifiable milestones and success criteria.
  • That the project is realistic and can be implemented in practice.
  • That the company has the necessary financial resources to complete the project.
  • That the company has a team with relevant competencies and experience to carry out the project, and that the selected partners and / or new hires are relevant. The overall team must reflect the necessary and relevant professional diversity.
  • That it is clear with what, how and with what relevance the Danish university or GTS institute involved is included as a knowledge provider in the project.
  • That the project is budgeted reasonably and realistically in relation to the activities set up.
  • That the application appears clear, distinct and concrete in relation to the overall content and the individual sub-elements.

As there is a difference in the requirements for projects of DKK 1.5 million and DKK 5 million, you should consider, whether there is the right balance between the size of the investment and the project's effect - including the innovative potential and the project's developmental risk.

When will I receive a response to my application?
Open section, When will I receive a response to my application?

We want to respond to your application as soon as possible - however, the amount of applications received varies considerably, and therefore no fixed framework can be specified for the time it takes us to assess your application. As a starting point, however, it must be expected that the total case processing time incl. panel participation will last 10 to 15 weeks from submission.

 

From approval to start-up of project
What happens after my application is approved?
Open section, What happens after my application is approved?

You will receive a letter of commitment in e-grant, in which you will also be asked to accept the grant conditions electronically within four months. Acceptance of the grant conditions is a prerequisite for the grant to be valid and for us to approve your first accounts, etc.

If there are conditions attached to the commitment, these are created as tasks on your commitment. The tasks must be completed before your project can start.

 

The project can start at the earliest from the date on which the grant is issued. The start date is described in the grant letter.

Rejection of your application
If you need to elaborate on the reasons for the refusal, you are welcome to request a short feedback interview.

If you would like a feedback interview, please write to innobooster@innofond.dk no later than four weeks after you receive the rejection.

During the project
How is the investment paid out?
Open section, How is the investment paid out?

Innovation Fund Denmark has 30 days to process your accounts. If we approve the accounts, it can take up to 10 days from here before the payment is transferred to your company's NEM account.

All funds in an Innobooster project are paid back and on the basis of the specific expenses incurred, which are documented through the submitted accounts. Prepayment is not possible.

 

Do I have to submit accounts or report during the project?
Open section, Do I have to submit accounts or report during the project?

Accounting

Every three months you have to submit accounts. The accounting assignment opens in e-grant exactly three months after the start date of the grant and thereafter every three months until the project is completed. It is not possible to report at shorter intervals.

The accounts are presented by downloading the Excel sheet in e-grant, filling in this and submitting it via e-grant. Only one accounting form can be submitted at a time.

Auditor's Statement
All projects that receive a grant from Innovation Fund Denmark must submit a statement of auditors, in which the auditor declares that the accounts are correct and that our investment has been used as intended, as well as the requirements set out in the grant letter and the guidelines for the Mission Booster. > An auditor's statement can cover up to 15 months, so if the project runs for a period of up to 15 months, the auditor's statement must not be submitted until the end of the project period.

The mission booster must submit accounts, progress presentation, final reporting and auditor's statement in accordance with the same guidelines and formats as Innobooster, which is why “auditor instructions for Innobooster” must be used in relation to the auditor's statement.

See 'Auditor's instructions for Innobooster' for requirements for the auditor's statement.

Progress presentation
All applicants who receive a grant from Innovation Fund Denmark will, in the middle of the project period, be asked to submit a progress presentation, in which you explain in a structured and concise form the project's status, the remaining activities and the changes or renewed perspectives in relation to the project goal. , which is currently available.

The progress presentation is prepared as a power point presentation, which is sent via e-grant. Along with the assignment, you will receive a description of the requirements for the content and form of the presentation.

If there are matters in the presentation that we need to shed further light on, we reserve the opportunity to convene you for a virtual or physical meeting.

See 'Auditor Instructions for Innobooster' for requirements for the auditor's statement.

What happens if I can not keep the plan?
Open section, What happens if I can not keep the plan?

We are aware that innovation projects may not always follow the original plans, and we are therefore happy to enter into a dialogue with you about any changes you see as necessary to realize the project's potential. It is therefore possible to agree on adjustments in the project during the process, eg in the form of new milestones, partners, end times or distributions of the budget.

Requests for adjustments must, however, always be approved by Innovation Fund Denmark prior to implementation, and the approval presupposes that the changes are reasonably justified.

 

Requests for changes must be submitted as an 'Change Request' via E-grant.

You can apply for a project extension during the project period, but exceedances beyond the 24 months are only exceptionally accepted.

Changes to the project end time can only be made if this request is received no later than 14 days before the project end time. Requests for project extensions received later than 14 days before the expiry date or after the expiration date of the project will generally not be granted.

If there are significant changes with significance for the overall Missionbooster process, it must be notified to Innovation Fund Denmark as soon as possible via eg innobooster@innofond.dk or e-grant.

Sometimes it turns out that projects no longer have the expected potential or can not be technically successful. If this is the case, we will have a dialogue on how we can best shut down the project. Significant changes can be, for example, bankruptcy and suspension of payments, sale of the company or the like.

 

What should I do when completing the project?
Open section, What should I do when completing the project?

At the end of the project, you must - in addition to the final accounts - complete an evaluation of the course and prepare a short completion report.

 

These documents must be submitted no later than one month after the end of your project period and, together with the last accounts and auditor's statement, constitute the end of the project.

 

Once approved, we will pay the last 15% of your total grant. We always withhold 15% of your grant for this phase regardless of your expense level until the last accounting period. This means that you must continue to apply for a subsidy, even if your consumption exceeds 85%.

You will be reminded of the final accounts, auditor's statement, final presentation and final evaluation via E-grant.

See the guidelines for further description of completion of the project.

State aid rules
The Block Exemption Regulation - Industrial Research
Open section, The Block Exemption Regulation - Industrial Research

Industrial Research:

“Industrial research is planned research or critical research with a view to acquiring new knowledge and new skills with the aim of developing new products, production methods or services, or, with a view to significantly improving existing products, developing new production methods or services. This involves the creation of components for complex systems and may involve the construction of prototypes in a laboratory environment or in an environment with simulated interfaces to existing systems or pilot lines where necessary for industrial research and in particular for the validation of generic technology. ”

The Innovation Fund's investments in the Mission Booster are granted in the framework of the General Block Exemption Regulation (Commission Regulation (EU) No 651/2014 of 17 June 2014 on certain categories of aid and their compatibility with the internal market in accordance with Article of the Treaty). 107 and 108) Chapter 1 (Articles 1-12) and Chapter 3 (Articles 25 and 30). The support to the companies must contribute to them initiating additional research and development activities (incentive effect) through, for example, increased total expenses for research in the company or the employment of more employees who are engaged in research activities in the company.

See the guidelines for a further description of state aid rules for companies.

Contact
Innobooster
Open section, Innobooster

Contact

 

T: +45 61 90 50 00

 

Tuesday and Thursday 9.00-12.00

Email: Innobooster@innofond.dk

 

e-grant technical questions?

Contact e-grant support

T: +45 33 92 91 90
Email: Support.e-grant@ufm.dk

Weekdays: 9.00-12.00

If you have submitted an application or have a grant from the Fund, please contact us via your case in e-grant.

 

Questions about the application

If you have any questions, it is possible to contact your local Business Hub (Erhvervshus), which also knows the Innovation Fund's programs. Please note, however, that Erhvervshuset cannot help with administrative issues regarding ongoing projects.

Please note, however, that Erhvervshuset cannot help with administrative issues regarding ongoing projects.

Business Hub Nordjylland
Only for companies in the North Jutland region
Contact info Business Hub Nordjylland;

Business Hub Midtjylland
Only for companies in the Central Jutland region
Phone Hours 8 -16:  Phone 7015 1619

Business Hub Sydjylland
Only for companies in South Jutland
Allan Clausen, Mail: acl@ehsyd.dk , Tel. 4188 6641

Business Hub Fyn
Only for companies on Funen
Mail: innobooster@ehfyn.dk

Business Hub Sjælland
Only for companies in Region Zealand
Kristian Lund, Mail: DKK@ehsj.dk , Tel. 6188 4625

Erhvervshus Hovedstaden; Copenhagen Business Hub 
Only for companies in the Capital Region
Find contact info here

Guidelines
Guidelines for the Mission Booster Program
Open section, Guidelines for the Mission Booster Program

The Guideline document is legally valid. In the event of deviations from the text on the website are the guideline document that applies.

 

Documents
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