Companies in North and South Jutland will receive 226 million DKK to develop and scale up green technology within, among other things, PtX, brown biorefining such as pyrolysis and CO2 capture, use and storage. The money will go to 16 projects that will strengthen the business community and contribute to new jobs. This was announced by the Danish Business Authority in a press release.
The funds come from the Fund for Just Transition and will particularly help small and medium-sized enterprises, where the green transition often requires large investments in new technology, certifications and skills. The projects have been selected with a focus on technologies that are in the development and start-up phase, and where access to venture capital can be crucial.
- SMEs have a crucial role in the green transition, so if Denmark is to achieve its climate goals and maintain its position, it requires targeted investments in SMEs in particular. Many green technologies are in phases where support is needed to move the projects forward, says Peter Hansen, chairman of the Recommendation Committee for the Just Transition Fund.
One of the supported projects is BioKon, which has activities in both North and South Jutland. The project receives over DKK 23 million and is a collaboration between several companies, Aalborg University and Plast Center Denmark. The support will be used, among other things, to develop and test systems for treating and drying biomass.
The Just Transition Fund is investing a total of DKK 636 million in activities in North and South Jutland until 2027 with the aim of mitigating the consequences of the transition to a climate-neutral economy and strengthening the development of key green technologies.
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