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The Lundbeck Foundation wants to close the gap

Austerity has widened the gap between the scientist with a bright idea and the venture capital needed to see it through, according to the CEO of The Lundbeck Foundation. The company’s latest initiative will help close that gap, he says.

Money is tight in the Danish venture capital funds, and by now it is well-established that moving innovation along requires investor willingness.

“We feel like the initiative is incredibly timely, considering the work we do in the foundation, and what society basically needs. We need to get more capital circulating in order to create innovation and new jobs.”

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