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Appendix to
Guidelines for
Grand Solutions 2017
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:
13. June
Deadline for
application
MidAugust
Applicant is notified if
application is selected
for peer review
MidSeptember
Consultation process
for Peer reviews
Early
October
Decision by Board of
Directors and notification
to applicant
Early
November
Early
January 2018
Deadline for submission of
final investment agreement
to IFD
Project start
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
Innovation Fund Denmark, Østergade 26 A, 4., 1100 Copenhagen K, Tel: 6190 5000