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Tendencies in Danish growth
  entrepreneurship policy


   Nordic Growth Entrepreneurship
              Helsinki
         13 September 2012
Taking the big leap to start up a new firm?

 Or falling into the abyss of desperation?
”The Government
will pursue an active
entrepreneurship policy”
(Government work program, 2012)
Danish business- and growth policy
           rests on three principles

Promote good framework conditions in general
For all entrepreneurs and SME’s.

Remove barriers to growth
Support reallocation of ressources from less productive to
more productive business activities.

A focused effort for key sectors
Enhance the opportunities for firms to develop and spread
new technologies and solutions. Not least in key sectors
where Denmark has particular potential to be top performing.
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)
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.
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
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.
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
Thank you for your attention.


   Dorte Heegaard Johansen
        dohejo@erst.dk

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Growth Entrepreneurship - Denmark

  • 1. Tendencies in Danish growth entrepreneurship policy Nordic Growth Entrepreneurship Helsinki 13 September 2012
  • 2. Taking the big leap to start up a new firm? Or falling into the abyss of desperation?
  • 3. ”The Government will pursue an active entrepreneurship policy” (Government work program, 2012)
  • 4. Danish business- and growth policy rests on three principles Promote good framework conditions in general For all entrepreneurs and SME’s. Remove barriers to growth Support reallocation of ressources from less productive to more productive business activities. A focused effort for key sectors Enhance the opportunities for firms to develop and spread new technologies and solutions. Not least in key sectors where Denmark has particular potential to be top performing.
  • 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. 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. 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. 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. 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. Thank you for your attention. Dorte Heegaard Johansen dohejo@erst.dk