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NOVI Scholarship

Got an idea in your backpack? We’ve got the scholarship for you! The NOVI scholarship is awarded twice a year to talented students from UCN and AAU with entrepreneurial dreams and strong business ideas.

Access the application documents here (for UCN students)
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Turn your idea into reality – with support from NOVI

The NOVI Scholarship is awarded twice a year. In spring, students from AAU (Aalborg University) can apply, and in autumn it’s time for UCN (University College of Northern Denmark) students to present their project or business concept.

Who can apply?

The scholarship is open to current students and first-year graduates who can present a business idea with sustainable and scalable potential – an idea that can be developed into a company based at NOVI in Aalborg.

When is the scholarship awarded?

Spring: At AAU’s Annual Celebration
Autumn: At UCN’s “Next Step” Graduation Event

What does the scholarship include?

💰 DKK 250,000 in direct financial support
🏢 Office space at NOVI for 12 months at half price
📊 50 hours of expert guidance
– including accounting support and legal advice from NOVI’s specialists

➡️ Total value: approx. DKK 300,000

📣 Apply now for the UCN Scholarship

Are you a UCN student with a great idea and strong potential?
Now is the time to apply and take your first step toward becoming an entrepreneur.

📄 Link to latest application guidelines and terms for UCN

 

Advice from former winners
AAU: Apply if you are 9.-10. sem. student(s) or 1. year graduate(s) UCN: Apply if you are 5.-6. or 7. sem. student(s) or 1. year graduate(s).
The NOVI Scholarship has helped take our business to new heights with assistance in areas such as bookkeeping, legal counsel, and office space. Frederik Nørgaard Jensen Director, AR-Simply - NOVI Scolarship winner 2023
Frederik Nørgaard Jensen, AR-Simply - NOVI Scolarship winner 2023.

Meet the judges, AAU Scholarship

There are three judges associated with the NOVI Scholarship. Each of them brings unique experiences, and they work together to find the best scholarship winner.
On the left:

Henrik Lundum, CEO of NOVI Science Park

Henrik is the founder of the scholarship. He created it because, as a young man, he lacked support and funds to launch his business idea successfully. Henrik has founded several companies, including his own healthcare business. In addition to being an entrepreneur, Henrik also serves as an investor in the Investo Capital fund. Thus, he has comprehensive experience throughout the startup ecosystem.

In the middle:

Mads Peter Veiby, Serial Entrepreneur

Mads is a well-known serial entrepreneur from North Jutland, who, among other things, founded the mobile network company M1 and the gaming platform spilnu.dk. Mads also engages in charity work for the Children's Cancer Foundation through Sportscarevent.

On the right:

Mads Bang, Director of Innovation, AAU

Mads Bang is a civil engineer, holds a Business PhD, and an MBA from AAU. His research, particularly in fuel cells, has led to successful spin-out companies, including SerEnergy, which, with more than 100 employees, was sold in 2018. Since then, he has helped establish the company Blue World Technologies.

The judges Henrik Lundum, Mads Peter Veiby and Mads Bang.

Meet the judges, UCN Scholarship

In 2023, NOVI and UCN entered into an agreement to create a dedicated NOVI scholarship for UCN students, awarded annually. The NOVI Scholarship has three associated judges, each with their individual experiences, who work together to select the most promising scholarship recipient.
On the left:

Henrik Lundum, CEO of NOVI Science Park

Henrik established the scholarship based on his own challenges as a young person when he lacked support and financial resources to realize his business ideas. He has founded several companies, including one in the healthcare sector. In addition to his entrepreneurial experience, Henrik also serves as an investor in the Investo Capital fund, giving him comprehensive experience across the entire ecosystem.

In the middle:

Thomas Kastrup Larsen, Director, UCN Business

Thomas works daily to educate skilled students for the North Jutland and Danish business sectors, creating the best conditions for students to learn how to tackle the challenges and opportunities resulting from technological and societal changes. As a former mayor of Aalborg, Thomas has a deep understanding of what the business world needs and how the entire startup ecosystem is structured.

On the right:

Thomas Helt, Serial Entrepreneur and Investor

Thomas Helt has extensive experience in entrepreneurship. He trained as a physiotherapist and, in 2018, founded WeCare by purchasing medical clinics from Falck across the country. The operation and sale of his entrepreneurial businesses led Thomas to the role of investor, where he has developed a keen understanding of what it takes to make a business successful.

The judges for the NOVI scholarship UCN.