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Funding possibilities throughout Europe


Funding opportunities


Financial support for research projects or studies in the Faroe Islands may be achieved from funds in the Faroe Islands or abroad



faroese funding

Faroese government support

Several funds in the Faroe Islands offer financial support for research projects.

A research programme funded by the Danish government on Marine Research in the North Atlantic Ocean, especially related to climate change, is administered by Research Council Faroe Islands.

The aim of the programme is to generate new knowledge on the marine environment which may contribute to create solutions to challenges like the oceanic heat transport towards the North East Atlantic Ocean and the Arctic, the separation between upper and deeper water masses, growth and recruitment potential for commercially important fish stocks, and acidification of the ocean.

The programme also aims to promote cooperation between the Faroe Islands, Greenland and Denmark on marine research. Only research institutes from these three countries can benefit from the programme. 

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Marine Research in the North Atlantic Ocean 




nordic funding

Nordic cooperation

The organisation of Nordic collaboration in research and innovation rests mainly on two pillars, one for research, NordForsk, and one for innovation, Nordic Innovation.

A number of other funds under the Nordic Council, the Nordic Council of Ministers and other organisations with a focus on Nordic co-operation also provide grants for research in the Faroe Islands.

Nordregio is a leading international Nordic research institute in the broad field of regional studies. Nordregio is engaged in developing and improving knowledge exchange between countries through different programmes.

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european funding

European research programmes

The Faroe Islands have been an associated country in European research programmes since 2010.The cooperation agreement between the Faroe Islands and EU for Horizon 2020 was signed in December 2014.

As an associated country the Faroe Islands have the same rights and obligations as EU member states and other associated countries.

Faroese researchers have been involved in a range of projects in research areas, such as environment, climate change, ecosystems, stock assessment and fisheries management. 

EU’s programme for research and innovation, Horizon 2020, runs from 2014 to 2020 and has a budget of nearly €80 billion.

Horizon 2020 is the financial instrument implementing the Innovation Union, which is an EU initiative aimed at securing Europe's global competitiveness.

Horizon 2020 has three pillars – Excellent Science, Industrial Leadership and Societal Challenges.