Deadline: 26 September 2019
The Danish Foundation for Entrepreneurship has launched its Micro Grant for giving practical experience after finished education and raises awareness about entrepreneurship.
Micro Grants are meant to have a catalysing effect when they are given after, or along with, the entrepreneurial competences which pupils or students learn during their education and/or in extracurricular activities at their educational institution. The Micro Grant moreover gives the pupils/students the opportunity to gain valuable experiences with entrepreneurship.
What are they looking for?
- Students with the drive to create growth, to take the initiative and to be bold and innovative.
- Ideas on which the micro grant will have a substantial effect and that will get closer to the market.
- Companies with a growth potential.
Funding Information
Two kinds of grant can be sought:
- Micro Grant for pupils or students with an idea at the idea stage - without CVR number. Applicants can apply for max DKK 25,000 to cover the early expenses involved with starting up a business.
- Micro Grant for pupils or students who have just recently registered and received a CVR number. Applicants can apply for max. DKK 50,000 all of which must be spent on reaching a stage of maturity that will allow they to attract other growth capital. This micro grant requires 25% self-financing in addition to the grant.
Eligibility Criteria
- Pupils, students or PhD students enrolled for and following a full time education at an educational institution in Denmark.
- Pupils, students or PhD students who have completed their education or studies within the last 3 months at the time of the application (that is, the date of the deadline)
- Applicants who are 18 years or older
- Team/companies where at least half the members are pupils or students enrolled for a full-time education at an educational institution in Denmark
- Teams with or without a CVR number can apply.
Applies only to applicants with a CVR number:
- Their CVR number MUST be registered for the idea for which they are applying for a grant, and the CVR number must not be older than 12 months
- At least one of the co-founders of the company (registered as founder with the CVR number) must be a student.
- The applicant must ALWAYS be registered as founder/co-founder with the CVR number.
- Their startup must have had a revenue of maximum DKK 50,000.
How to Apply
Applications must be submitted online via given website.
For more information, please visit https://microgrant.ffe-ye.dk/global-goal-micro-grants