Q&A: Bringing forward Innobooster's closing date in 2024

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Below you will find questions and answers regarding the advanced closing date for Innobooster and what it may mean for potential applicants.

 

Questions and answers
Does it matter which of Innobooster's three themes I search within?
Open section, Does it matter which of Innobooster's three themes I search within?

It is possible for one theme to run out of funds before the others. Innovation Fund Denmark will aim to finance the applications that meet the criteria in the order in which they are received, regardless of the theme under which they are applied.

 

Am I guaranteed a grant if my application is good enough and I manage to submit before 3 September at 12?
Open section, Am I guaranteed a grant if my application is good enough and I manage to submit before 3 September at 12?

No. We are now giving four weeks' notice that Innobooster is closing, as our forecasts based on application volume and success rate indicate that we will September 5 has enough applications to use the entire budget. If more or better applications than expected are received, there will be no budget for the last received applications.

 

Why is Innobooster already running out of funds now?
Open section, Why is Innobooster already running out of funds now?

Early in the year, we have received more applications that meet Innobooster's criteria than usual. Therefore, Innobooster's budget is not sufficient to stay open until December.  

 

I can't manage to send an application for the next four weeks: do I have other options than waiting until the program opens again in January 2025?
Open section, I can't manage to send an application for the next four weeks: do I have other options than waiting until the program opens again in January 2025?

It is not expected that funds will be provided to open Innobooster again in 2024. Should this happen anyway, it will be stated on the Innovation Foundation's website.