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Funding opportunities
Financial support for research projects or studies in the Faroe Islands may be achieved from funds in the Faroe Islands or abroad.
Several funds in the Faroe Islands offer financial support for research projects.
- Research Council Faroe Islands
Research Council Faroe Islands funds research and research driven innovation projects connected to the Faroe Islands.
Funding is allocated once a year. The application deadline is mid February.
Read more: Research Council Faroe Islands
- Marine Research in the North Atlantic Ocean
The Marine Research programme for the North Atlantic Ocean funds research which generates new knowledge on the impact of climate change on the marine environment in the North Atlantic Ocean.
The programme is funded by the Danish government and administered by Research Council Faroe Islands.
Read more: Marine Research in the North Atlantic Ocean
- Fisheries Research Fund of the Faroe Islands
The Fisheries Research fund funds scientific and industrial research and development projects in order to develop the Faroese fishing industry, harvesting, processing and trade.
Funding is allocated once or twice a year.
Read more: Fisheries Research Fund of the Faroe Islands
- Business Development Fund
The Business Development Fund supports initiatives which diversify commercial enterprise and increase the use of knowledge.
Applications are considered every month.
Read more: Business Development Fund (in Faroese)
The Nordic countries have joint calls for research proposals that are open to researchers working in the Nordic countries.
- NordForsk
NordForsk is an organisation under the Nordic Council of Ministry which provides funding for Nordic research cooperation within all fields of research.
Read more: NordForsk
- Nordic Innovation
Nordic Innovation is an organisation under the auspices of the Nordic Council of Ministry which funds Nordic projects that boost innovation and competitiveness in the Nordic business sector and lead to commercial and sustainable development
Read more: Nordic Innovation
- Nordregio
Nordregio is a leading international Nordic research institute in the broad field of regional studies engaged in develping and improving knowledge exchange between countries through different programmes.
Read more: Nordregio
- NORA
NORA (Nordic Atlantic Cooperation) is an intergovernmental organisation under the Nordic Council of Ministers providing financil grants in support of collaborative projects involving partners from at least two of the four NORA countries (Faroe Islands, Greenland, Iceland and Coastal Norway).
Read more: NORA
The Faroe Islands have been an associated country in European research programmes since 2010. As an associated country the Faroe Islands have the same rights and obligations as EU member states and other associated countries.
- Horizon Europe
Horizon Europe is the EU’s key funding programme for research and innovation with a budget of EUR 95.5 billion.
The programme facilitates collaboration and strengthens the impact of research and innovation in developing, supporting and implementing EU policies while tackling global challenges.
Faroese researchers, innovators and research entities can participate in the programme on equal terms with entities from the EU Member States.
Research Council Faroe Islands hosts the National Contact Point service (NCPs) in the Faroe Islands which provides applicants with advice and personal service.
Read more: Horizon Europe
- Interreg Northern Periphery and Arctic
The Interreg Northern Periphery and Arctic programme is funded by the European Regional Development Fund (ERDF) and non EU partner countries.
The programme addresses special challenges facing peripheral and remote communities in the Arctic and North Atlantic region.
Read more: Northern Periphery and Arctic Programme
- Research Council Faroe Islands
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