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Funding programmes

Faroese Research Foundation  

The Faroese Research Foundation funds research and research driven innovation projects connected to the Faroe Islands.

The Research Foundation receives a yearly funding from the Faroese government.

Grants are given to Faroese researchers and research students, research and development at or associated with Faroese research institutes and commercial enterprises, and research and development which has significance in the Faroese context.

It is required that at least one third of the total cost is funded by others than the Faroese Research Council.

Funding through the Research Council is allocated once a year. The application deadline is mid February.

Health Insurance Fund

The Faroese Research Council administers the Health Insurance Fund which funds research and development in the medical field.

Researchers can in association with research institutes in the Faroe Islands apply for funding for projects which can develop the medical field in the Faroe Islands. All funding must be used in the Faroe Islands, except expenses for travelling and conferences.

Funding for publications

The Faroese Research Foundation administers funding for publication of Faroese scientific work.

Funding is primarily given to publication of peer reviewed scientific projects promoting Faroese scientific work.

Funding for Horizon 2020 applications 

The Faroese Research Foundation grants up to DKK 35,000 for expenses arising from preparing applications from the Horizon 2020 funding scheme.

Research institutes and private companies can apply for funding. Funding is only given when several parties participate in the application.  

Funding for industrial research

The Faroese Research Foundation will shortly offer funds for industrial research. Funds will be given to projects which have a general benefit for Faroese industry.