The Grand Solutions program, overseen by Innovation Fund Denmark, targets high-risk projects with a focus on impact, that creates new knowledge, processes, products, or solutions tackling societal challenges. Participants, in or outside of Denmark, receive funding and must demonstrate societal or economic value creation in Denmark, engaging key stakeholders such as end-users and investors. Projects vary widely in participant composition and can receive investments ranging from DKK 5-40 million, with project duration spanning 1 to 5 years.