The Foundation awards grants for the below purposes:

Use the Otto Mønsted Foundation online application system – link to the system at the bottom of the page.

The following sums up the requirements, information and documents requested by the Foundation for the individual purposes.

There are different deadlines for the individual purposes, which is stated under the specific purpose.

Study abroad or internship

Credit qualifying study or internship abroad for at least 3 months (one or two semesters) for engineering students enrolled at DTU and AAU as well as  bachelor/master´s students enrolled in an MSc Economics and Business Administraton programme (Cand.merc) at CBS.

Requirements:
– Only stays which are expected to be completed after 1 May 2019, are eligible for the current application periode.
– Grade point average of minimum 8.
– The Fund supports a maximum of DKK 10,000.

The application must be submitted no later than 1 March 2019.

Documentation requirements when submitting the application:
– Updated transcript of  academic records.
– Advance credit/credit documentation – possible to upload after 1 March 2019.
– Admission document/invitation – possible to upload after 1 March 2019..
– For AAU applicants: An enrollment confirmation from AAU, documenting admission to engineering programmes.
– Attachments such as motivated application, CV, recommendation letters etc., are not a requirement, but appreciated.

Application period: 10 January – 1 March.

Conference participation abroad

Conference participation abroad for PhD students, post docs, assistant professors, research assistants and master’s/ bachelor’s students from DTU, AAU (engineering programmes) and CBS.

Permanent employees such as associate professors, professors, as well as scientific staff, guest-ph.d., guest-postdoc., visiting professors, external associate professors and professors, are not eligible for grants.

Requirements:
– Applicant must have a Danish CPR-number.
– A maximum of one conference participation is granted per calendar year.
– Conferences without a specific commercial or technical focus, are not eligible for funding.
– The applicant must be actively participating in the congress, for example by oral/poster presentation.
– A maximum of two participants and grants per oral contribution.
– Participation must lead to an publication.
– It is a prerequisite for support that your institution contributes financially to the conference participation.
– The Fund will maximum grant equal to the institutions support, and only in exceptional circumstances will the grant exceed DKK 7,500.

The application and required documents must be submitted no later than 31 days before departure.

Documentation requirements when submitting the application:
– Scientific article/abstract (if uploading a short abstract, please compliment with some extra scientific data, such as a work report/preliminary article etc).
– Invitation to conference.
– Signed support letter from institution, confirming their support and the extent of it.
– Documentation for publication – is possible to upload after the conference (for example, with the specific publication, proceedings, or confirmation of publication from the conference).

Application period: Ongoing

Research stay abroad

Research stays abroad of at least three months and only in special occasions more than 1 year, for employed lecturers, PhD students, and post docs, as well as scientific staff from DTU, AAU (engineering programmes) and CBS.

Exchange students and external associate professors and lectures, as well as guest-ph.d., guest-postdoc. and visiting professors, are not eligible for grants.

Requirements:
– Applicant must have a Danish CPR-number.
– A maximum of one research stay is granted per calendar year.
– The terms of employment must be unchanged during the stay abroad, i.e. that wages etc. must be the same before, during and after the stay abroad.
– It is a prerequisite for support that your institution contributes financially to the research stay – in addition to the salary.
– The Fund will maximum grant equal to the institutions support, and only in exceptional circumstances will the grant exceed DKK 5,000 a month.
– The Fund does not award grants for experiments etc. during the research stay.
– The Fund only supports expenses associated with the stay, ie. additional expenses.
– There is usually no support to traveling family, as well as return trips during the stay.
– Living costs must be the expected actual costs, and not per diem rates.
– If subletting in Denmark is not possible, please elaborate in your application.

The application and required documents must be submitted no later than 2 months before departure.

Documentation requirements when submitting the application:
– Signed support letter from institution, confirming their support (in addition to salary) and the extent of it.
– Recommendation letter from the institution or suporvisor.
– Invitation from the host institution.

Application period: Ongoing

Foreign visiting professorships

Foreign visiting professorships at DTU and CBS.

The institution is responsible for recommending the departments’ applications for foreign visiting professorships to the Foundation.

The application must be submitted no later than 5 June 2019.

Lookup in Danish
Lookup in English

Notices of visiting professorships will be sent to the institutions in December/January.

Application period: medio February – primo June.

Special purpose

Special purposes that may promote Danish trade and industry or otherwise benefit Denmark.

Practice through the last years:

  • OMF supports international congresses held on or in association with DTU, AAU (engineering programmes) or CBS. The support will often be a balancing subsidy.
  • OMF supports projects aimed at increasing students to technical and scientific educations.
  • OMF supports cultural initiatives in which Denmark’s honor is taken into consideration, provided it strengthens Denmark’s trade and industry.

OMF does not support:

  • Equipment procurement for research and teaching purposes.
  • Product development.
  • Research projects.

The application and required documents must be submitted no later than 4 months before the start of the conference/event/project etc.

The same project/event/conference will generally not be supported more than 3 times (often with decreasing support).

A balancing subsidy covers a maximum of 6 months after the conference/event has been held.

In the annual reports HERE, you can find listings of the Special Purposes that have received support.

Documentation requirements when submitting the application:
– Project description.
– Budget for the project/activity.
– Documentation of bank details.
– Appendix such as annual report, recommendations etc. are not a requirement, but appreciated.

Application period: Ongoing

New Purpose – The Bright Idea

The Bright Idea is awarded again in 2020, more information about this later in 2019.

Otto Mønsted’s scientific innovation award “The Bright Idea” is awarded once a year (next time in May 2020). At this event, The Otto Mønsted Foundation recognize young researchers and their bright ideas and contributions to the development of Denmark’s trade and industry. In total, 350,000 DKK will be awarded to three bright ideas that demonstrate notable business potentials.

Proposals are received from bachelor/master´s students, PhD and post.doc. It is possible to submit both ndividually or on behalf of a group.

The proposal must be submitted no later than mid-March

Requirements:
– Applicant must have a Danish CPR-number.
– A bright idea with a notable business potential.
– Motivation to take the next step in the development of one’s idea/project.

Documentation requirements when submitting the proposal:
– Recommendation from your affiliated institution/supervisor.
– Resumé
– Dissemination text (3-5 pages), where following 5 descriptions must be completed in the online application system.

  • General argumentation for the proposal.
  • Research field and research results.
  • “The Bright Idea”.
  • The interaction with and value for Danish business
  • The importance and use of possible funds.

Application period: mid-January to mid-March

The jury (read more), chaired by – Bo Stærmose, selects 3 winners of “The Bright Idea”. The awards will in particular be based on the dissemination text, from the following assessment criteria:

  • Excellency in thought, analysis and documentation.
  • The degree of originality in research and/or product, process etc.
  • Likelihood of “The Bright Idea” being implemented.
  • The expected industrial or societal potential of the implementation of the research.
  • The degree of cooperation with business, industry, research partners etc.
  • The degree of business vision and understanding shown in the research work.

All candidates will receive reply on their proposal no later than early May.

The winners of The Bright Idea were announced at MADE´s Annual Summit on 22nd May 2019 in the House of Industry, where The Otto Mønsted Foundation´s MADE Award also were awarded. Read more about the award ceremony HERE.

Awards:
1. Prize is DKK 200,000 for further research work.
2. Prize is DKK 100,000 for further research work.
3. Prize is DKK 50,000 for further research work.

Read lookup

 

The Foundation does NOT grant funds for:

Pension
General support
Rewards to individuals
Group travel for students

Master programmes
MBA/ e-MBA programmes
PhD programmes
Research projects

Online application system