Innovation Fund Denmark Innobooster
Funds Danish challenge-driven innovation through Innobooster grants for risk-based projects in small and medium-sized technology firms.
Innobooster is Innovation Fund Denmark's flagship grant for Danish small and medium-sized enterprises and entrepreneurial companies pursuing risky, challenge-driven, knowledge-based development. The Innobooster grant covers 35 percent of project costs (employee hours plus eligible expenses), with the company contributing the remaining 65 percent. Grant size is DKK 200,000 to DKK 5,000,000, and projects can last up to 24 months. The applicant company defines both the grant amount and the project period at application — but the project requirements scale up with the requested amount. Innobooster is open four times per year. The 2026 schedule: - Period 1: 22 January - 12 March 2026 (~DKK 78.9 million budget) - Period 2: 26 March - 13 May 2026 (~DKK 78.9 million budget) - Period 3: 27 May - 6 August 2026 (budget TBD) - Period 4: 20 August - 15 October 2026 (budget TBD) Budget is distributed across four themes in Periods 1 and 2: Green Technology and Innovation (29%), Life Science, Health and Welfare Technology (33%), Critical and Digital Technologies (29%), Defence Technology / Defence Tech Denmark (9%). Eligibility requires the company to meet the EU SME definition (fewer than 250 employees and turnover up to EUR 50 million or balance sheet up to EUR 43 million) and one of two financial criteria: at least DKK 100,000 in risk capital or development grants in the past 3 years, or at least DKK 250,000 in gross profit in at least one of the last 3 years' published annual accounts. Innobooster does not fund projects where the solution is ready for market launch (sales/marketing/testing only), or where the project is primarily optimization of existing products. Normal operational costs (rent, office staff, sales/marketing) are also outside scope. Historical success rates from 2023-2024 periods varied 15-31 percent overall depending on theme and period competitiveness. Funds are paid in arrears based on submitted accounts (every 3 months), with the final 15 percent paid upon approval of the final evaluation, report, and auditor's statement.
Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.