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 may be 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 from the Faroese Research Foundation is allocated once a year. The application deadline is mid February.
Marine Research in the North Atlantic Ocean
Research Council Faroe Islands has been assigned to administer a research programme funded by the Danish government on marine research in the North Atlantic Ocean, especially related to climate change.
The aim of the programme is to generate new knowledge on the marine environment which may contribute to create solutions to challenges like the oceanic heat transport towards the North East Atlantic Ocean and the Arctic, the separation between upper and deeper water masses, growth and recruitment potential for commercially important fish stocks, and acidification of the ocean.
The programme also aims to promote cooperation between the Faroe Islands, Greenland and Denmark on marine research. Only research institutes from these three countries can benefit from the programme.
The application deadline for the first Call for applications is September 21st, 2020.
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 Open Access publication of peer reviewed scientific projects promoting Faroese scientific work.
Funding for Horizon 2020 applications
The Faroese Research Foundation may grant 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 in 2018 offered funds for industrial research. Funds could be given to projects which have a general benefit for Faroese industry. There are no funds available for this programme at the moment.