Denmark’s $195 Millions Plant-Based Fund Receives Overwhelming Number Of Applicants

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Denmark’s $195 Millions Plant-Based Fund Receives Overwhelming Number Of Applicants
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Over one hundred applicants among industry and research centers applied to tap into the Danish funds to foster plant-based protein production in the country.

For this first round $ 8,35 million should be distributed, but according to the Ministry of Food, Agriculture and Fishery the total amount requested to satisfy all applicants would equal $29,7 million, and therefore not everyone will be receiving part of that grant.

The Plant Foundation board has now the lengthy task to read the hundred applications and select best ideas. The main criteria of selection for this first round will focus on demand promotion in public and private food services such as canteenes, supply promotion and increase exports of these foods. By the end of November this year's pool of applicants will know whether their project has been selected to access the grant.

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