This is done in order to create a framework for entrepreneurs, researchers and businesses so they can develop innovative and viable solutions to society’s challenges. For example new climate mitigating solutions, healthier food, a more effective health care, cleaner environment, green transport, start-up journeys – and much more.
It is important that the Danish society benefits as much as possible from the money the fund invests in research and investment. That is why the fund prioritizes responsibility highly. All projects they invest in have requirements of societal engagement, transparency, education and ethics.
Compared to other investors the fund’s results do not necessarily need to be seen in share prices or end of year financial results. Innovation Fund Denmark’s results must also be evaluated on social welfare improvements, increased societal wealth, jobs, reduction of C02 emissions, cleaner environment etc.
The fond is ready to take a chance in a project, even though others may not be able to see the possitibilites in it. The fond was created to invest in projects with high risk – and also high potential. And do this in a easy, simple and transparent way – with as little bureaucracy as possible.
The fund was created to strengthen and foster strategic research and innovation projects in all of Denmark. That is why the Fund has offices spread all over the country in Copenhagen, Aarhus, Odense and Aalborg.