Shopping Cart

📞 +45-53853276
✉️ [email protected]

SUPPORT the locals – ShopByLocals is an independent marketplace
for local shops around the world.

  • Danish
  • English

Frequently Asked Questions

Get answers to the most common questions about the Conversion Pool. The changeover pool is open from 30 October to 13 Nov. at 24.00

FAQ(s)

The conversion pool provides grants to companies that need to adapt and restructure the business in the light of the Covid-19 crisis.

There is a special focus on helping companies within tourism and experience economy, such as conference centers, restaurants and hotels.

Grants from the pool must include (could be used for) conversion via competence or education boost, digital and green conversion or conversion to market products and services in new markets.

You can advantageously read the application guide before.

The pool can be applied for from 30 October 2020 at 12:00 until 13 November 2020 at 24.00. The applications are then processed, and you will be able to expect a response within approx. Fourteen (14) days.

Companies can apply for a grant amount of up to DKK 1.5 million per company, depending on e.g. the size and needs of the company. There is a requirement for cash co-financing of a minimum of 25 per cent. of the grant amount.

I have received support from one of the government’s Covid-19 assistance packages or compensation schemes – can I apply for the Adjustment Fund?

Yes, you can, as long as the activities for which support is sought are not covered through other assistance or compensation schemes.

Accounting figures must be entered for both 2018 and 2019 (Possibly parts of 2019 if the company is newly established). There will be a comment box associated with these figures, so you can also explain the background for any. negative operating results or negative equity before Covid-19.
You can expect a response to your application in early December.
The company must finance 25% of the expenses associated with the application, for example for the purchase of equipment or services.
The company must finance 25% of the expenses associated with the application, for example for the purchase of equipment or services.
No, it is only possible to meet the requirement of 25% co-financing through cash co-payment of expenses in the application budget.

Yes, if they have a great need for change. And provided that the applicant is not part of the public administration or receives public subsidies that make up more than half of their operating expenses.

The decrease in revenue of at least 30% is documented by comparing revenue from 1 March 2019 to and including 31 August 2019 with revenue for 1 March 2020 to and including 31 August 2020. If the company is established after 1 April 2019, the reference period is calculated as a starting point from and including 1 December 2019 to and including 29 Feb. 2020.

Industry code is automatically extracted from virk.dk when the company fills in master data. The company has the option of manually adjusting this.

Several companies can apply together, however, with a total maximum amount applied for of DKK 5 million kroner. However, each company must submit an application for its part of the overall project in relation to the finances, but a common project description can be used.

Yes you can. However, we suggest that you enter into a dialogue with a contact person or a business developer from Erhvervshusene before.

By applying, you accept that we can publish the title, master data (eg company name) and decision (received or not received grants from the Conversion Pool). We do not publish business-sensitive information and will therefore always enter into a dialogue with you if, for example, as a result of a request for access to documents, information from other parts of your application should be requested.

All grants must be paid out before the end of 2021. Completion of projects and payment of the remaining grant funds may, however, run into the first half of 2022.

Grants can not be paid for activities that have already been completed, but you can apply for an extension or continuation of an ongoing project if it meets the criteria.
Yes, you are welcome to use foreign suppliers, as long as the offers must still live up to the current rules on arm’s length and live up to the requirements of the Public Administration Act.
The number of full-time employees must be based on the latest figures from www.virk.dk. If the number of man-years on www.virk.dk is not correct, your company must explain this in a comment box. Number of employees in resp. 2018 and 2019 can be entered in the application module when the company’s finances are described.
The entire application is reported through an application module, where no documents or documentation must be uploaded, but only the relevant information is entered. In the event of a commitment for grants, 3 tenders must be obtained, which are also uploaded through the application module, and at the end of the project, an adviser report must be prepared, an invoice / payment documentation must be submitted and a company final report must be prepared.
📨

ShopByLocals Newsletter

Subscribe our newsletter

Apply and GROW YOUR BUSINESS
internationally today.​

Apply and GROW YOUR BUSINESS
internationally
today.​

Apply Now
Social Enterprise Platform

Supporting Locals Globally

Easy 14 days refund
International Warranty

Offered in the country of usage

Safe & Anti-Fraud Setup

Visa  /  MasterCard  /   Stripe  /  Apple Pay  /  PayPal

Protecting Your Data

No selling of your data

ShopByLocals: You're currently offline

Add address