The Danish Startup Ecosystem Guide 2024 - Magazine - Page 39
where you can dream big and where
it’s affordable to apply for funding to give
sub-projects an important push forward.
The public funds can be more of a
challenge to dedicate time and resources
to apply for. So it makes a big difference
that Norlys Vækstpulje steps in with an
affordable application procedure,” says
Frank Kjerstein, founder and CEO of
Reblade, about the support.
Not all soft funding opportunities
make sense for small startups, who
are often already running fast with the
scarce resources at their disposal. That is
why Norlys Vækstpulje is an important
initiative, according to Frank Kjerstein.
“It supports startups directly and helps
them complete important, smaller projects
that can otherwise be dif昀椀cult to 昀椀nd time
for because other public funds often don’t
昀椀t in with a busy entrepreneurial life.”
Present in all parts of the value chain
Since the Norlys Vækstpulje was established in 2016, the group has distributed a
total of DKK 179 million in funding for new,
innovative projects.
And although the group already supports the green transition through own-
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ership of approximately 40 percent of
the Danish electricity grid, which sends
green electricity to Danes every day, the
group would like to reach more parts of
society with Vækstpuljen, Niels Rousing
Vendelboe says.
“As a group, we already invest heavily in
the production of green power, solar cell
parks and wind farms. But it’s important
for us to be present in all parts of this
sustainable energy value chain if we are to
achieve our goals. And we are determined
that we will.”
Norlys Vækstpulje
•
Norlys’ Vækstpulje distributes DKK 50
million each year
•
Applications are open 3 times a year
•
We support innovative projects with
a focus on sustainable business
development
•
Also projects within electri昀椀cation,
green transition and digitalization including research and dissemination
projects
•
Possibility of personal pre-application
counseling
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