Danish exports are now getting another backlash from Export Package II with EKF’s new green advisory pool scheme. Here, Danish representations around the world can apply for money for technical experts with insight into, among other things, supply, which can help Danish companies set aside more of their green solutions.
The Danish representations in the individual countries know their market and know exactly what challenges Danish companies face in the places in question. Therefore, the new system is also so screwed together that it is the representations that can bring in Danish technical experts for a short or longer period of time, which can then help companies pry open the lock for the promised export market.
“By drawing on the expertise of the representations and getting them to bring in the technical experts who are most obvious to their market, we make it easier for Danish companies to get their foot inside”
A total of DKK 30 million has been allocated over three years for the deployment of the experts, who are expected to come primarily from the supply area.
“Danish companies are experts in high-tech, climate-friendly solutions, and the government is very concerned about giving them as good conditions as possible to sell their goods internationally. By drawing on the expertise of the representations and getting them to bring in the technical experts who are most obvious to their market, we make it easier for the Danish companies to get their foot inside. This is good for the individual company, Danish jobs and Denmark,” says Minister for Business Simon Kollerup.
The representations must select the experts themselves, but first the project to be associated with the expert must be approved by EKF. In the application process, emphasis will be placed on the fact that the projects are both green and have significant export potential, just as the experts must be anchored in Danish companies.
“Green exports are one of the main priorities of our foreign policy. Therefore, I am very pleased with this new initiative at EKF, which will be a strong instrument for Danish exports in light of COVID-19. By combining the Danish representations’ knowledge of foreign markets with the direct technical sparring and knowledge sharing that EKF Green Advisory Pool supports, we now have the opportunity to open even more doors for danish companies and contribute to the global green transition,” says Foreign Minister Jeppe Kofod.
EKF is responsible for the application rounds, the disbursement of the funds and the ongoing evaluation and reporting on the project. The first round of applications starts now and runs until September.
“EKF has almost 100 years of experience in supporting Danish exports, and we are now pleased to be able to launch another initiative to promote the sale of green Danish solutions around the world. We very much hope that the Danish representations will welcome the scheme, and as always we are ready with help and expertise if the need should arise,” says Jørn Fredsgaard, Head of Country, Banking and Risk Analysis at EKF.