CHI is financed by basic funding from the six partners and by project grants.
The total basic funding received from the partners is DKK 9.6 million over a four-year period (2016-2019).
In addition, CHI has received large project grants:
DKK 17.6 million from the Capital Region of Denmark’s Strategy for Regional Growth and Development (ReVUS), including co-funding from the partners.
Through ReVUS the Capital Region of Denmark aims to ensure that ‘the Capital Region of Denmark will be among the five most attractive places in the world for the development of health and welfare solutions to the global market’, and that ‘citizens in the region live healthier and longer lives’.
ReVUS therefore funds several Copenhagen Health Innovation projects, which support the above goals.
Read more about the projects here:
- International Surgical Summer School
- Quality Assurance of Colonoscopy
- Health Dialogue in the Social Media
In addition, the grant has supported the establishment of CHI Management.
The grant runs from 1 January 2016 to 31 December 2018.
DKK 16.9 million from the European Social Fund, Regionale Erhvervsudviklingsmidler and co-funding from the CHI partners.
Through the Growth via Education, Training and Entrepreneurship programme the European Social Fund aims to create growth and jobs throughout Denmark. Regionale Erhvervsudviklingsmidler (REM) further supports this goal through Healthy Growth. Among other things, this will be done by strengthening and improving teaching in health innovation and entrepreneurship, thereby creating a base for growth and development.
The grant is funding the following CHI projects:
- Introducing Health Challenges into Teaching (includes the activities Upskilling of Educators and Introducing Health Challenges into Teaching)
- Talent Development Programme
The grant runs from 1 September 2016 to 31 August 2019.
Funding of CHI (DKK 40 million in total)
Copenhagen Health Innovation is part of a larger eco system in Greater Copenhagen covering the entire value chain within health innovation. Therefore, CHI collaborates with other local networks and actors, in particular the other two cross-sectorial initiatives Copenhagen Healthtech Cluster (CHC) and Copenhagen Center for Health Technology (CACHET).
CHI, CHC and CACHET all strive to create health innovation, but each initiative has its unique perspective on the topic. CHI focusses on education, CHC on commercialisation and CACHET on research.
Together with CHC and CACHET, CHI is a part of Greater Copenhagen – an industrial policy platform for promoting growth and creating jobs and ensuring that Greater Copenhagen is among the most successful cities in Europe.
The majority of CHI’s partners are part of EIT Health. EIT Health is a European network, which through education and innovation initiatives, among other things, aims to promote entrepreneurship and facilitate innovation within healthy lifestyle and active aging in order to improve quality of life in Europe.
Health Axis Europe
Strategic alliance between the biomedical clusters Cambridge (UK), Leuven (Belgium), Maastricht (Netherlands), Heidelberg (Germany) and Copenhagen (Denmark) aimed at promoting health innovation across Europe. The effort in Copenhagen is coordinated by the University of Copenhagen.