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25 May 2020

SBT Instruments receives DKK 2.5 million from the Danish Market Development Fund

SBT Instruments Receives DKK 2.50 Million from the Danish Market Development Fund

The Danish Market Development Fund (Markedsmodningsfonden) has granted SBT Instruments DKK 2.5 million.

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The grant finances the project "Real-time bacteria sensor for hygiene and cleaning validation" in which SBT Instruments will adapt the bacteria detection sensor to work for several new applications.

The aim of the Market Development Fund is to:

...promote growth, employment and export, particularly for small and medium-sized enterprises in areas where Denmark has particular strengths and potential.

Out of hundreds of applications (413 applications in 2015), only thirteen companies made the cut. SBT Instruments is honored to be selected among the thirteen. We would like to thank the Market Development Fund for its generous contribution to the project.

SBT Instruments has received project grants in the past. In October 2014 The Foundation for Development of Technology in the Danish Water Sector granted SBT Instruments DKK 1.50 million and later in November 2014 SBT Instruments received 1.88 million from Danish Eco-innovation Program.

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