Do you have ideas for Nordic collaboration within the areas of health tech, life science, sustainable healthcare, assisted living and smart digital health? Then look no further! Nordic Innovation offers two funding opportunities for activities and events that build consortia and synergies between companies in the Nordic region.
Funding opportunity I:
One Nordic consortium will get funding to run a minimum of three eventsin the Nordics or internationally with the aim of showcasing Nordic health related solutions, increase exports and build Nordic value chain collaboration. The maximum amount that can be applied for is NOK 1,5 million.
Application deadline: 20 May 2019
Funding decision: 31 May 2019
Budget: Up to NOK 1,5 million
Funding opportunity II:
One Nordic consortium will get funding to run a minimum of two events in the Nordics or internationally with the aim of showcasing Nordic health related solutions, increase exports and build Nordic value chain collaboration. The maximum amount that can be applied for is NOK 1 million.
Application deadline: 20 May 2019
Funding decision: 31 May 2019
Budget: Up to NOK 1 million
This funding opportunity is part of Nordic Innovation’s Health, Demography and Quality of Life program running from 2018 to 2021. The vision of the program is:
“In 2030 the Nordics will be the most sustainable and integrated health region in the world, providing the best possible personalized health care for all its citizens.”
The main objective for these funding opportunities is to:
- Establish collaboration platforms and arenas for Nordic companies to meet, share information and possible synergies between companies.
- Showcase what Nordic companies can deliver within the health field and setting the scene for Nordic companies and other stakeholders to meet and meet potential international buyers.
- Pave the way for increased export for Nordic companies within and outside the Nordic region.
The activities or events funded under these calls for proposals shall cover as a minimum three conferences and exhibitions (in 2019 and/or 2020) and include one or preferable several of the following themes:
- Health Tech/ Life Science
- Sustainable Healthcare
- Assisted Living
- Smart Digital Health
These themes are highlighted as strongholds in our 2018 analysis of strongholds and qualities of the Nordic health tech ecosystem.
What kind of activities can be funded?
Nordic Innovation offers funding for joint Nordic workshops, seminars, exhibitions, trade fair pavilions or similar, in a physical or digital format.
The funded activities should help create Nordic value chain collaborations and focus on increasing export. The objective and plan for this should be clearly described in the project description.
General eligibility criteria:
To be eligible for funding, the following conditions must be met:
- The project must include partners from at least three Nordic countries with a reasonable balance between the five Nordic countries and the three autonomous regions (Denmark, Finland, Iceland, Norway and Sweden, Faroe Islands, Greenland and the Åland Islands).
- Nordic Innovation can only fund projects submitted by organisations (private or public), that are based and operate in one or more of the Nordic countries.
- No more than 50% of the total budget can be covered by Nordic Innovation. In-kind contribution in the form of working hours counts towards financing.
- The proposed activities must fit within the thematic scope of this funding opportunity.
- The project partners that will receive funding in the project must be eligible for de-minimis state aid under European Commission Regulation (EC) No 1407/2013 of 18 December 2013.
Failure to fulfill these basic eligibility criteria will result in automatic rejection of the funding application and the application will not be evaluated further.
Proposed activities will be rated on a scale from 1-5 (5 being the highest and 1 the lowest) based on the extent to which they:
- Contribute to strengthening the Nordic brand within the strongholds mentioned in the thematic scope section above (25%).
- Strengthen networks between Nordic stakeholders as well as between Nordic and relevant international stakeholders (25%).
- Are expected to boost export of Nordic products and/or services (25%).
- Provide value in relation to cost (cost/benefit) (25%).
Priority will be given to activities that demonstrates ambitions to build a long-term concept for joint Nordic collaboration activities.
The deadline for applications is 20 May 2019 13:00 CET. Please specify whether you are applying for Funding Opportunity I or II.
The application must:
- Clearly indicate which theme(s) is/are being focused on.
- Include a list of committed Nordic partners behind the activity.
- Include a free text project description (maximum 2000 words) containing:
- A project description (please be as precise as possible on what concrete activities you are planning and what the funding will be spent on).
- A description of the target group(s) for the activity.
- Clear and measurable goals for outcome of the activity. Goals should be set in relation to the objective and the evaluation criteria specified in this document.
- A short plan for communication before, during and after the proposed activity (a detailed communication plan will be required prior to funding transfer to the selected consortia).
- A filled out budget sheet (see below) showing the anticipated total costs of the activities, including a specification of the requested funding and own financing/contributions in-kind must be submitted.
Nordic Innovation will evaluate the incoming applications that fulfill the basic eligibility criteria, based on the evaluation criteria. Nordic Innovation will fund the highest rated applications within the allocated budget. Nordic Innovation reserves the right to grant a lesser amount than what is stated in the application.
Communication and reporting:
All funded activities must be in line with the general objective of the Health Demography and Quality of Life program and adhere to the following communication requirements:
- Nordic Innovation’s logo and role in financing the activities or events must be visible in all communication material related to the activity.
- Social media should be used for communicating the activity, including the following handle @nordicinno.
- Provide a brief communication plan describing measurable goals, key messages, target groups and planned activities, if the project is funded (a more detailed plan must be submitted if funding is granted).
- Nordic Innovation must be updated on the progress and results from the funded consortium. A joint milestone plan shall be agreed upon if the project is funded.