The graph shows the development in the Novo Nordisk Foundation’s grants from 1989 up till now.
The Novo Nordisk Foundation awards grants within three categories:
- As thematic grants
- As open competition grants
- To humanitarian and social causes
Open competition grants
Each year the Novo Nordisk Foundation awards grants in the areas of biomedicine, general practice, nursing research, art research, biotechnology and early stage innovation. Grants are announced via calls for applications in open competition. The Foundation’s committees assess all the applications.
When the Foundation awards thematic grants the Board of the Foundation decides the overall research theme. Projects are assessed by international experts before the decision to award the grants is made.
Humanitarian and social causes
The Novo Nordisk Foundation awards grants to humanitarian and social causes. The funding is allocated to pay the operating costs of research hospitals and to not-for-profit organizations.
Funding already paid
When the Novo Nordisk Foundation awards a grant, the funding is sometimes paid out over several years. Therefore there is a difference between the total amount awarded and the total funding paid in a particular year.
For example, when the Foundation awarded DKK 600 million in 2007 to the Center for Protein Research at the University of Copenhagen, the funding was spread over 10 years. This means that 60 million will be paid out each year and this money is included in the total annual amount paid in each year for the next 10 years.
The Novo Nordisk Foundation awarded DKK 600 million to establish the Novo Nordisk Foundation Center for Protein Research at the University of Copenhagen. The Center for Protein Research is the first of five centres in the Novo Nordisk Foundation Centre Cluster.
The Novo Nordisk Foundation awarded over DKK 2 billion to establish four research centres at universities and research institutions in the Copenhagen Region:
- The Danish National Biobank at Statens Seruminstitut (DKK 118 million)
- The Novo Nordisk Foundation Center for Basic Metabolic Research at the University of Copenhagen (DKK 885 million)
- The Novo Nordisk Foundation Section for Basic Stem Cell Biology, DanStem, at the University of Copenhagen (DKK 350 million)
- Novo Nordisk Foundation Center for Biosustainability at the Technical University of Denmark (DKK 700 million)
Together with the Novo Nordisk Foundation Center for Protein Research they comprise the Novo Nordisk Foundation Centre Cluster.