Innoexplorer

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Innoexplorer is the Innovation Fund Denmark´s program that aims to mature entrepreneurship based on knowledge and research results from the public Danish research and education institutions and hospitals.

Innoexplorer is targeted at employees at public research and educational institutions and hospitals, who have achieved research results with commercial potential and who aim to establish a business based on these results.

The programme invests in early-stage entrepreneurship ideas, uncovering the potential hereof and propelling them to a stage where they are ready to be introduced in the market or to attract further public and private investments. For an idea to be at an early stage means that it is still at a pre-commercial stage, but is based on knowledge or research results, which, according to the institution with which the applicant is employed, are promising and sufficiently mature for launching a process towards commercialisation.

Innoexplorer does not invest in further basic research or commercialisation activities such as sales or marketing activities.

The idea may originate from any subject area, and it does not have to be protected by a patent or similar. However, the idea must be innovative, i.e. offer new solutions in the form of new behaviour and/or new products, services, processes or technologies, and once marketed, the expected solution should distinguish itself from other solutions addressing the same need.

Innoexplorer invests between DKK 500,000 and 1.5 million in each project (incl. overhead), and projects may last up to 12 months. The funding can cover payroll costs, fees for external actors and services as well as expenses for material and equipment.

The funding is paid to the institution with which the main applicant is employed, and a precondition for applying for an Innoexplorer project is, as a rule, that the institution has been involved in the application process and has quality assured the entrepreneurship idea.

The program
Who can apply?
Open section, Who can apply?

Innoexplorer is targeted at employees at public research and educational institutions and hospitals (hereafter referred to as institutions), who have achieved research results with commercial potential and who aim to establish a business based on these results.                                    

The idea may originate from any subject area, and it does not have to be protected by a patent or similar. However, the idea must be innovative, i.e. offer new solutions in the form of new behaviour and/or new products, services, processes or technologies, and once marketed, the expected solution should distinguish itself from other solutions addressing the same need.                                 

The main applicant must conduct research as part of their employment. It is a precondition for receiving funding via the Innoexplorer programme that the applicant or members of the team have played a key role in generating the knowledge and the results on which the project is based.                           

It is, as a rule, a precondition for receiving funding that the institution is involved in the application process and has assured the quality of the entrepreneurial idea. This ensures that the knowledge or results on which the project is based are of a high quality, have significant commercial potential and are consistent with the objective of the Innoexplorer programme.  

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

Through the Innoexplorer program, investments are made in early entrepreneurial ideas, so that the potential can be uncovered and matured to a stage where the idea is ready for the market or can attract further public or private investment.                             

For an idea to be at an early stage means that it is still at a pre-commercial stage, but is based on knowledge or research results, which, according to the institution with which the applicant is employed, are promising and sufficiently mature for launching a process towards commercialisation.                                  

Innoexplorer does not invest in further basic research or commercialisation activities such as sales or marketing activities.  

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

Innoexplorer invests between DKK 500,000 and 1.5 million in each project (incl. overhead).  

 

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

The investment can cover:

  • Wages for employees at the institution             
  • Fees for external actors/services                      
  • Expenses for materials and equipment.

 

How long can a project last?
Open section, How long can a project last?

Innoexplorer projects can last up to 12 months from start to finish

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

You must complete and submit your application online via the electronic application system E-grant.

Before you can create an application, the main applicant must register as a system user with a user name and password or using NemID.

You create a new application by finding the right programme under ‘Search options’ and pressing ‘Start application’. Please note that the list of search options is arranged alphabetically, and that the names of all Innovation Fund Denmark programmes begin with ‘IF’.

You may write your application in Danish or English.

You can find a guide to E-grant on the Ministry of Higher Education and Science’s website.

The application must, as a rule, contain a statement of support signed by the person at the main applicant’s institution responsible for Innoexplorer projects. The statement of support (template), a list of persons responsible for the Innoexplorer programme and contact persons are available below

Contact persons and appointed authorised signatories
Open section, Contact persons and appointed authorised signatories

Universities

KU

Sign.:
Karen Laigaard, kala@adm.ku.dk, +45 3532 7054

Contactperson:
Hanne Junker Elmelund, hanne.elmelund@adm.ku.dk, +45 3059 0854 

 

AU

Sign.:
Anette Poulsen Miltoft, apm@au.dk, +45 8715 3238

Contactperson:
Morten Holmager, +45 9350 8718, holmager@au.dk

 

SDU

Sign. and Contactperson:
Thomas Schmidt, thos@sdu.dk, +45 6550 7547

 

RUC

Sign.:
Teamleder Lene Lillebro, lillebro@ruc.dk, +4546742332

Contactperson:
Specialkonsulent Robert Pederson, pederson@ruc.dk, +4546743859

 

AAU

Sign.:
Peter Rasmussen, pra@adm.aau.dk, +45 9940 9335

Contactperson:
Jens Frede Rasmussen, jfr@adm.aau.dk, +45 9940 7189

 

DTU

Sign:
Jakob Svagin, jsva@dtu.dk, +45 2872 0488

Contactperson:
Michael Persson, miper@dtu.dk, +45 6054 4031

 

CBS

Sign.:
Jane Finnerup Johnsen, jfj.research@cbs.dk , +45 2893 6924

Contactperson:
Anne Bjerring Jensen, abj.research@cbs.dk,  +45 3815 2058

 

ITU

Sign.:
Jens Christian Godskesen, jcg@itu.dk, +45 7218 5276

Contactperson:
Lene Dahl Prahm, lepr@itu.dk, +45 7218 5159

 

SSI

Sign.:
Henrik Ullum: heul@ssi.dk, +45 32 68 37 33

Contactperson:
Michael Andersson, mcan@ssi.dk, +45 3268 8399 

 

VIVE

Sign.:
Afventer afklaring

Contactperson:
Afventer afklaring

 

NFA

Sign.:
Afventer afklaring

Contactperson:
Afventer afklaring

 

Professionshøjskoler

UCSYD

Sign.:
Lene Mosegaard Søberg, lmso@ucsyd.dk, 7266 5228

Contactperson:
Jesper von Seelen, jvse@ucsyd.dk, +45 7266 5257

 

UCN

Sign.:
David Mayntz, dvm@ucn.dk, +457269 0327

Contactperson:
Lone Varn Johannsen, loj@ucn.dk, +45 7269 0794

 

Absalon

Sign.:
Kathrine Krageskov Eriksen, kke@pha.dk, +45 7248 2646

Contactperson:
Signe Bodil Nipper Nielsen, sinn@pha.dk, +45 7248 2633

UCL

Sign.:
Poul Skov Dahl, psda@ucl.dk

Contactperson:
Conny Wang Hansen, cwha@ucl.dk

VIA

Sign.:
Andreas Rasch-Christensen, ar@via.dk, +45 8755 1712

Contactperson:
Erik Løvgren Brejner, elb@via.dk, +45 8755 4411

 

KP

Sign.:
Tobias Lindeberg, thli@kp.dk, +45 45 5163 2570

Contactperson:
Karina Skov Lisberg, kskl@kp.dk, +45 5138 0547

 

Hospitaler

Region Hovedstaden

Sign.:
Mads Monrad Hansen, mail: mads.monrad.hansen@regionh.dk, telefon: 2762 2195

Contactperson:
Nina Heede Ulrich, mail: nina.ulrich@regionh.dk, telefon: 2162 2479

Region Sjælland

Sign.:
Mahad Mussa Huniche, mahu@regionsjaelland.dk, +45 5787 5283

Contactperson:
Bo Borg Mikkelsen, bobm@regionsjaelland.dk, +45 9357 7617

Lotte Sivertsen, lsie@regionsjaelland.dk, +45 2927 1918

Region Syddanmark

Sign.:
Afdelingsleder

Contactperson:
Thomas Schmidt, thos@sdu.dk, +45 6550 7547

Region Midtjylland

Sign.:
Jesper Bredmose Simonsen, jessio@rm.dk, +45 4012 1194

Contactperson:
Jørgen Schøler Kristensen, joerkris@rm.dk, +45 2016 3201

Region Nordjylland

Sign.:
Gitte Wimmer, gw@rn.dk, 24 52 09 13

Contactperson:
Jane Bjerregaard Rasmussen, jane.bjerregaard@rn.dk, 22 47 41 04

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

The application form asks you to provide a short summary of the project and various information, e.g. personal data on the main applicant and, where relevant, the team members and the CVR and P-numbers of the institution with which the main applicant is employed.                                      

When completing the application form, you will be asked to related to Innoexplorer’s assessment criteria:

  • Quality of the idea                   
  • Impact                    
  • Quality in execution                                             

The application must also include a budget and, as a rule, a statement of support from the institution. It is also possible to attach an illustration of the entrepreneurial idea or a list of relevant publications.

Documents
Assessment of application
How does the assessment process take place?
Open section, How does the assessment process take place?

If the application meets the formal requirements, Innovation Fund Denmark invites the applicant to present the project to the Innoexplorer Panel Committee. The Panel Committee’s assessment is based on the 3 assessment criteria and whether the project falls within the group of project types funded by the programme.

Panel meetings are held on one of a series of fixed dates announced for each call on this website. The Innovation Fund Denmark expects to inform all applicants of whether they have been invited to present their project at a panel meeting, and on which date, no later than two weeks before the meeting. The time of the panel meeting cannot be changed.

At the panel meeting, you must give a short presentation of your entrepreneurship idea. You can choose to hold your presentation in Danish or English. The presentation will be followed by a short Q&A session, where the panel will ask questions to determine to which extent the application meets the assessment criteria.                                

You are welcome to invite the contact person at your institution or other resource persons to the presentation.                                                                                                       

Each project is subjected to an individual assessment. Based on the Panel Committee’s pre-assessment and the panel meeting, the Committee will after the panel meeting recommend the application for approval or rejection.                                                                                          

The Panel Committes´s recommedations are submitted to Innovation Fund Denmark’s secretariat, which makes the final decision.                                                                    

Please note that the assessment process is the same for all submitted applications. Reapplications or sequential applications are therefore treated as new applications.

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

A panel will be appointed for each individual panel meeting comprising a chairperson or deputy chairperson and three-four members. All members of the Committee are subject to confidentiality obligations and requirements regarding legal capacity. An overview of the Innoexplorer Panel Committee is available on this website.

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

Your application is assessed on the basis of the following three assessment criteria:   

  • Quality of the idea                        
  • Impact                
  • Quality of execution                                               

A final assessment is made on the basis of the three assessment criteria, which are weighed equally in the assessment.                      

You can read more about the individual assessment criteria in the Innoexplorer guidelines.

How do I get a response to my application?
Open section, How do I get a response to my application?

Once all the submitted applications have been evaluated and a final decision has been made, all applicants will receive an answer to their application in writing through E-grant. When a decision is available in E-grant, the main applicant will be informed via email.                                   

If your application has been rejected, you are welcome to ask for a short feedback conversation. Here, an Innovation Fund Denmark employee will offer to clarify the Panel Committee’s assessment of your application. You are welcome to invite your contact person in the institution to the conversion.  

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

Innovation Fund Denmark aims to answer applications as fast as possible. However, the number of applications varies significantly from call to call, and the Fund is therefore unable to establish a timeframe for its evaluation of your application. You can read more about the expected processing time of the application round in question at this website

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

If your application is granted, the main applicant will receive a grant letter in E-grant. The letter must be signed and accepted within four weeks.                                                                  

Once you have done so, the main applicant will be a grant holder and able to access the Innoexplorer investment via E-grant under ‘Grant’

When can the project start?
Open section, When can the project start?

The project cannot begin until the approval has been accepted electronically via E-grant. The project must begin on the project start date provided in the application and no later than four months after you have received the grant letter.

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

The Innoexplorer investment will be disbursed to the institution by which the main applicant is employed. 85 % of the grant will be disbursed as one payment at the start of the project period, while the remaining 15 % will be disbursed after the project end date and Innovation Fund Denmark has approved the accounts and final report

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

No. You are only required to submit accounts and a final report at the end of the Innoexplorer project period.  

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

The applicant and institution are obliged to pass all significant information onto Innovation Fund Denmark.                        

You must immediately inform the Fund  if there is changes to the basis for the investment or if the project does not progress as planned,in order to get the Fund’s approval of the continued process. This includes significant changes to the project period or project partners, the topic, activities, objectives and milestones etc. and any interruption of the project.                                                 

Following a concrete assessment, Innovation Fund Denmark and the applicant may agree on adjustments to the ongoing project, e.g. activities, project partners, budget distribution, or if you wish to terminate the project before the end date, e.g. because you wish to start a business or have received funding from another source.    

Requests for changes must be approved by Innovation Fund Denmark prior to their implementation. Approval of changes presupposes that the changes have been substantiated.                                           

If you wish to make changes to the project that affect the budget, you must submit a request via E-grant. In the request, you must substantiate the change and provide a revised budget. The revised budget must be completed in the Excel template available at this website

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

The project ends automatically at the stated project end date. You will receive notification via E-grant when it is time to submit the final material.  At the end of the project, you must complete an evaluation of the process, produce a short final report and submit the final accounts. These documents must be submitted no later than one month after the end of the project period. In addition, Innovation Fund Denmark may choose to invite you to an evaluation meeting to learn more about the project.                                                              

Once the Fund has approved this material, it will disburse the last 15 % of the investment.

 

Contact
Contact Innovation Fund Denmark
Open section, Contact Innovation Fund Denmark

Mail: innoexplorer@innofond.dk

Annemarie Etzerodt, Entrepreneur officer
Tlf: +45 6190 5015

Anne Sofie Bramsen Dahlmann, Relation Officer
Tlf: +45 6190 5016

e-grant technical issues

Guidelines
Innoexplorer Innoexplorer 1188
Innoexplorer Innoexplorer i-e 1188
Innoexplorer Innoexplorer i-e 1188