stiftelsesstøtte

Stiftelsesstøtte is a Norwegian term that translates to "foundation support" or "establishment grant." It refers to financial assistance provided to individuals or organizations during their initial phase of establishment or founding. This type of support is typically aimed at helping new ventures, whether they are businesses, non-profit organizations, or cultural projects, to cover essential start-up costs and gain a solid footing.

The purpose of stiftelsesstøtte is to reduce the financial risk associated with starting something new and to encourage innovation and entrepreneurship. It can be used for a variety of expenses, including but not limited to, securing premises, purchasing equipment, initial marketing efforts, legal fees, and hiring key personnel. The source of stiftelsesstøtte can vary, often coming from government agencies, private foundations, or sometimes even municipalities.

Eligibility criteria for receiving stiftelsesstøtte usually depend on the specific grant or program. Generally, applicants need to present a well-developed business plan or project proposal that demonstrates viability and potential for success. The support is often disbursed in installments, contingent on the achievement of certain milestones. While the term is most commonly associated with Norway, similar concepts of start-up funding exist in many countries under different names.