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Faroese Research and Development funding

Funds in the Faroe Islands offer financial support for research projects and development.
 

Faroese Research Foundation

Research Council Faroe Islands has two main working areas:

- to administer the Research Foundation which funds research, development and innovation

- to advise the government and industry on matters of research policy 

In addition, the Research Council hosts the Faroese National Contact Point service for Horizon 2020 and is the Bridgehead Organisation of the Faroese EURAXESS services.

For further information visit the funds web site here (in English).
 

The Fisheries  Research Fund

The Fisheries Research Fund administers a government fund for fisheries research and development projects. The intention of the Research Fund is to stimulate scientific and industrial R&D projects in order to develop the Faroese fishing industry, harvesting, processing and trade, with regards to the biologically, economically and socially sustainable use of marine resources.

The Fisheries Research Fund receives a yearly funding from the Faroese government.

Grants are given to Faroese researchers or research students and foreign researchers cooperating with Faroese researchers or research institutes.

Funding trough the Fisheries Research Fund is allocated once a year. The application deadline is mid November.  

For further information visit the funds web site here (in Faroese).
 

Business Development Fund

The Business Development Fund supports initiatives which diversify commercial enterprise and increase the use of knowledge. The fund provides grants for e.g. development of goods and services, innovative projects and research and study projects.
 
The Business Development Fund can grant up to DKK 500,000 to a concern a year. Applications are considered every month.
 
Grants are given to Faroese concerns only. Foreign researchers cooperating with a Faroese concern can apply for grants from the Business Development Fund.
  
Further information visit the funds web site here (in Faroese).

Contact

Jónas Broncksgøta 40
FO - 110 Tórshavn
Tlf. +298 599299
les@les.fo

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About Us

Studyinfaroeislands.fo is a resource on studying in the Faroe Islands for prospective and current international students. Here you can find information about the educational system, finding and applying for a program, scholarships, living as an international student in the Faroe Islands and learning faroese.

Studyinfaroeislands.fo is built and maintained by the Faroese Youth Council (FUR) in cooperation with the Ministry of Culture.

 

 

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