The Danish Maritime Fund is a commercial fund supporting the growth of the Danish shipping and shipbuilding industry. It funds innovation projects that help shape and develop tomorrow’s shipping and maritime industries.
Objective(s) and scope
The Danish Maritime Fund is a commercial fund supporting the growth of the Danish shipping and shipbuilding industry. It funds innovation projects that help shape and develop tomorrow’s shipping and maritime industries.
Focus is given on high-risk, forward-looking initiatives aiming to shape the future of the Danish maritime sector. The fund also contributes to non-profit projects with the purpose of developing the Danish maritime sector and thereby creating jobs. Efforts involve fostering collaboration between companies, educational institutions, and universities in the maritime sector. Focus areas are digitization, automation, green transition, entrepreneurship, research, and development of maritime education.
The fund was established in 2005 and its primary financing for grants and loans derives from a 10% ownership of Danish Ship Finance.
Eligibility criteria (if available)
In order to be considered, applications must be from a company, an institution or a person with significant activities in Denmark and/or an attachment to or a strong interest in the Danish maritime industry.
Applications are assessed on the basis of the following criteria:
- Is the project innovative and future-oriented?
- How mature is the project? Is it idea development or prototype?
- Has interest been expressed from already defined customers?
- Is there potential for creating more jobs in Denmark?
- Is there a need for residual or co-financing?
- Does a high-quality business plan exist?
- Does the team possess the necessary competencies?
- Is it likely that the refund claim can be met?
