Several funds in the Faroe Islands offer financial support for research projects.
The Faroese Research Council administers the government funded Research Foundation, which funds research, and research driven innovation projects connected to the Faroe Islands.
The Research Foundation receives a yearly funding from the Faroese government of approximately DKK 7 million (2014).
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.
Funding through the Research Council is allocated once a year. The application deadline is mid February. It is required that at least one third of the total cost is funded by others than the Faroese Research Council.
The next application deadline will most likely be on 15 February 2016, noon local Faroese time (GMT).
Grants will be given to:
- Faroese researchers and research students
- research and development at or connected to Faroese research institutes and commercial enterprises
- research and development, which have significance in the Faroese context.
Grants will be given to various types of projects:
- post grad. or post doc. projects, which span several years
- smaller projects with shorter time scales
- research project which include industrial R&D
It is an advantage that:
- the project includes cooperation with several researchers
- the project includes cooperation between researchers, research environments and commerce
It is required that:
- at least one third (1/3) of the total cost is funded by others than the Faroese Research Council. Exceptions can be made in exceptional cases.
Applications for less than 80,000 DKK are ineligible.
Applications must be written in Scandinavian or in English on the official application form. Application form, formal requirements, guidelines etc. are available here.
The available funds are 6.3 mio DKK. (Given that this is granted by the Faroese Parliament)
Please note: only applications received by e-mail are accepted.
The deadline is as stated on the Grants page
The application form must be sent to the Council by e-mail to firstname.lastname@example.org one pdf.-file. Please notice that applications sent by surface mail are not accepted.
The application form must be signed by the applicant (director or other relevant person from host institurion) and the project manager. The signed page must be scanned, while the remaining pages must be converted into pdf from e.g. word or excel.
You may want to make use of the free online software pdfmerge.com to collect several different files in one pdf. The submitted file must not exceed 10 MB. If you need to supply material exceeding the 12 MB maximum limit, you can link to this material or otherwise make it available online.
Applications received after the deadline are rejected. Incomplete applications may be rejected.
Evaluation period is approx 3 months.
Download the Application Form
These are the Formal requirements which must me complied.
Read the Guidelines thoroughly before filling in the application form.
You may also download a Budget example for a PhD.-project. Further information: Faroese Research Foundation.
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 of approximately DKK 3.8 million a year (2014).
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.
Further information: Fisheries Research Fund (in Faroese)
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: Business Development Fund (in Faroese).