Retningslinjer for Grand Solutions Fase 2-Ansøgninger 2016

Appendix to

Guidelines for

Grand Solutions2017

Open call

This appendix to Guidelines for Grand Solutions 2017 deals exclusively with matters relating to the open call.In addition to the changes mentioned here, the Guidelines for Grand Solutions 2017, published on January 19, 2017, apply. Changes to the current guidelines are shown in italics and any remaining text to the numbered topics also applies. Furthermore, a few text corrections have been made in Addendum 1 (part of the Guidelines for Grand Solutions 2017). The Addendum can be found on the website of Innovation Fund Denmark (IFD).

2.4 Application deadline and other important deadlines

Applications must reach IFD, i.e. be submitted via the e-Grant application system, no later than 15:00 CET on Tuesday, June 7, 2017. It will not be technically possible to submit applications after the deadline.

The application process for the open call:

Project interviews with selected applicants will take place from mid-August to mid-September.

Please note that an approved project can start as soon as the investment agreement has been finalised and signed by all parties.

For applications submitted to open call it is expected that,by early October,the IFD Board will have reached a decision on which applications to invite for investment agreement negotiations.

2.5 Assessment process

Early June the IFD Board is expected to decide which applications for thematic calls are invited to negotiate an investment agreement, and in early October the IFD Board is expected to decide which applications for the open call are invited to negotiate an investment agreement.

5.1 Investment and collaboration agreements

To receive funding from IFD the project participants and IFD must sign an investment agreement for the project no later than 60 days after the written invitation to the investment agreement negotiations. The investment period and upstart of the project applied for under the thematic calls can commence approximately on September 1, 2017 or earlier, provided the investment agreement between the participants and IFD has been finalised and signed. The investment period and upstart of the project applied for under the open call can commence approximately early January, 2018, or earlier provided the investment agreement between the participants and IFD has been finalised and signed.

The project must start no later than 60 days after approval is given. The investment period and upstart of a project applied for under the open call can commence approximately early January, 2018 and no later than 60 days after approval is given. IFD can demand reimbursement of part of the investment if the agreed conditions are not complied with.

Appendix to Guidelines for Grand Solutions 2017 Open call published May 10th, 2017