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Danish Maritime Fund calls for more inventors

More than two out of three projects financed by the Danish Maritime Fund serve non-profit purposes in the Danish maritime cluster. Companies with good inventions are hard to find.

The oval table in the long meeting room with the tall, white wooden panels have by now become familiar to many companies, researchers, and educational institutions in the Danish maritime cluster. This, the Secretariat of the Danish Maritime Cluster, is the place where loose and innovative ideas can either become reality, or be put to death, when the fund performs its initial screening of applicants seeking a share of the fortune, worth millions.

In its relatively short life span, the Danish Maritime Fund has become a significant factor in the maritime cluster, having awarded almost USD 50 million in grants since the Fund’s establishment in 2005. The grants come in various sizes, such as large sums for campaigns, an example is the USD 6 million awarded to the recruitment campaign WorldCarreers.dk, or it could be a matter of a couple of hundred thousand dollars to the development of a system that registers diesel fumes in the engine room, or a program to detect if mariners should eat healthier food. Or it could mean a quick reply to a request from the official Danish trade delegation in China, which needs USD 14,000 to throw a reception for its maritime collaborators.

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