
Hopeful Scandinavian researchers are lining up in the hope of getting financial help from The Novo Nordisk Foundation, and a great number of smaller companies are applying for financing from Novo Seeds. The total number of applications approaches 500 since the beginning of September 2007.
“We receive about 150 applications a year that we consider – some are suitable for pre-seed grants, others form the basis of Seed-investments. Yearly, we invest in 4-6 companies, so it is an extensive filtration process,” says CEO of investment in Novo Seeds, Søren Møller, in an interview with Medwatch.
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