# Denmark's Business Promotion Board

> Denmark's Business Promotion Board is a VC fund in Silkeborg backing Events and Education. See 5 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Silkeborg, Denmark
- Total investments: 5
- Last investment: Nov 2025
- Lead investor: 80%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/danmarks-erhvervsfremmebestyrelse
- Website: https://erhvervsfremmebestyrelsen.dk

Denmark's Business Promotion Board is a Danish government project to bring together numerous business promotion operations.

## Round sizes

| Stage | Round size |
| --- | --- |
| Grant | $908k–$14M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Events | 1 | 20% |
| Education | 1 | 20% |
| Lifestyle | 1 | 20% |
| Non Profit | 1 | 20% |
| Biotechnology | 1 | 20% |

7 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Grant | 3 | 60% |
| Funding Round | 1 | 20% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Food & Bio Cluster Denmark | Food & Bio Cluster Denmark is a cluster and member organization within the food and bio-resource industry in Denmark. | $7.6M | Grant | Nov 21, 2025 |  |
| Lifestyle & Design Cluster | Lifestyle and Design Cluster supports circularity and sustainable growth in the fashion, furniture, and design industries. It focuses on networking, knowledge sharing, and entrepreneurship for small and medium-sized enterprises and entrepreneurs. The organization promotes innovation and sustainable development through various initiatives andcollaborations. It acts as a catalyst for advancement in the furniture and design sectors. | $14.3M | Grant | Nov 20, 2025 |  |
| TechBBQ | TechBBQ is a non-profit event management organization that hosts startup capital programs. | $933.7K | Grant | Nov 14, 2025 |  |
| TechBBQ | TechBBQ is a non-profit event management organization that hosts startup capital programs. | $907.8K | Grant | May 30, 2025 |  |
| TechBBQ | TechBBQ is a non-profit event management organization that hosts startup capital programs. | $4.6M |  | Aug 22, 2023 |  |

5 of 5 investments shown.

## Co-investors
- [Copenhagen Municipality](https://shizune.co/investors/profile/copenhagen-municipality) — VC Fund, 1 deal together
- [HSBC Innovation Banking](https://shizune.co/investors/profile/hsbc-innovation-banking) — VC Fund, 1 deal together
- [Novo Nordisk Foundation](https://shizune.co/investors/profile/novo-nordisk-foundation) — VC Fund, 1 deal together
- [The Industry Foundation](https://shizune.co/investors/profile/the-industry-foundation) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [Praxis](https://shizune.co/investors/profile/praxis-2) — VC Fund
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### Similar stage
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- [Business Finland](https://shizune.co/investors/profile/tekes) — VC Fund

### Similar country
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## FAQ

### What does Denmark's Business Promotion Board invest in?

Denmark's Business Promotion Board invests primarily in Events, Education and Lifestyle startups, most often at Grant and Funding Round stage. Most of the 5 investments tracked by Shizune back companies in Denmark. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Denmark's Business Promotion Board's check size?

Denmark's Business Promotion Board typically joins rounds of $908k–$14M at Grant. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Denmark's Business Promotion Board participates in.

### When did Denmark's Business Promotion Board last invest?

The most recent investment recorded for Denmark's Business Promotion Board closed in Nov 2025. Shizune tracks 5 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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