What is a GTS institute?
FORCE Technology is one of the 7 Danish government-approved Research and Technology Organisations that constitute the so-called GTS network. The GTS institutes are commercial businesses with non-profit goals.
The goal of the 7 GTS institutes is to build and pass on technological skills and capabilities to the Danish business world and industry. They are approved by the Danish Ministry of Education and Research. To be approved, candidates must be non-profit businesses that:
- are involved in an area that is highly significant to the Danish business world
- display a high level of professionalism
- are independent of political and economic interests
- have a satisfactory economic and organisational foundation.
Approvals are valid for three years, and do not entail any form of public ownership. While the organisations are neutral, independent businesses, the GTS institutes are subject to governmental requirements regarding professional evaluations and ongoing financial and legal oversight. Excess earnings are used exclusively for new research, development and innovation.
In 2017, the total turnover of the GTS network was 3.6 billion DKK. There was an increase in foreign commercial turnover of 3.6%, and an increase in performance contracts of 13%, compared to the previous year.
Performance contracts for R&D projects
The GTS institutes are entitled to apply for public project funds known as "performance contracts" that can be used for research and development activities to address the needs of the market. The purpose is to build and develop new technological capacities and services that are expected to be highly significant to Danish businesses.
The Institutional and Educational Support Administration enters into these result contracts and oversees the GTS institutes. The result contracts help to finance agreed-upon, well-defined activities of the applying institutes. The purpose is to build and develop new technological capacities and services that address the needs of the market, and which are expected to be highly significant to Danish businesses.
In 2017, the GTS network had 19,139 unique Danish customers. Approximately 9 out of 10 of these customers were small- and medium-sized businesses.
Learn more about the performance of the GTS-network by downloading the recent performance statement by the Danish GTS institutes.