Growth Entrepreneurship - Denmark


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Growth Entrepreneurship - Denmark

  1. 1. Tendencies in Danish growth entrepreneurship policy Nordic Growth Entrepreneurship Helsinki 13 September 2012
  2. 2. Taking the big leap to start up a new firm? Or falling into the abyss of desperation?
  3. 3. ”The Governmentwill pursue an activeentrepreneurship policy”(Government work program, 2012)
  4. 4. Danish business- and growth policy rests on three principlesPromote good framework conditions in generalFor all entrepreneurs and SME’s.Remove barriers to growthSupport reallocation of ressources from less productive tomore productive business activities.A focused effort for key sectorsEnhance the opportunities for firms to develop and spreadnew technologies and solutions. Not least in key sectorswhere Denmark has particular potential to be top performing.
  5. 5. International opportunities  ”… an open country that takes advantage of the opportunities of globalization”. (Government whitepaper, 2011)  ”Highly skilled foreigners may possess specific expertice and can thus help to increase Danish companies’ value creation and presence in export markets”. (Government work program, 2012)
  6. 6. Pilot program: Talented international growth entrepreneurs to Denmark Invite talented entrepreneurs with a proven growth potential to Denmark – and make them stay! Increase awareness of the opportunity to obtain residence- and work permit in Denmark to operate as a self-employer. Acquire knowledge about what kind of program – which elements – provides the best possible results.
  7. 7. Facts about the EU tender The maximum contract with one team is 5 million DKK. The maximum contract value of the tender is 10 million DKK The call is at 15 October 2012 Program period is 18 months – the entrepeneurs are granted residence- and work permit for 12 months Cooperation with the Danish Agency for Labour Retention and International Recruitment and a panel of specialists
  8. 8. What will be the specific elements of the program? We’ll have to wait and see Success of the program from A-Z Good conditions for the entrepreneurs from the day they become participants in the program until they leave it Promoting Denmark as a cool and attractive entrepreneurial nation Minimum 15 individuals (solo or in teams) obtain a permit to stay and work for one year.
  9. 9. What will happen after the program? We don’t know yet, but… The entrepreneurs can apply for extension of the residence- and work permit but they will no longer be supported by the program The tale about Denmark as an entrepreneurial nation has been told all over the world and more growth entrepreneurs will in the future consider Denmark an opportunity There is a proven concept of a program which has been found effective in order to develop the growth potential of international entrepreneurs in Denmark
  10. 10. Thank you for your attention. Dorte Heegaard Johansen