Home  /  FAQ  /  How does DIANA provide funding to its innovators?

How does DIANA provide funding to its innovators?

The funding of EUR 100,000 provided to the selected companies is payment towards their participation in the DIANA Accelerator Programme enabling them to continue iteration of their proposed solution through an ongoing transparent and competitive process, covering the first six months. 

Following a competitive down-selection, participants may receive up to EUR 300,000 for an additional six months. The base currency is Euros. DIANA can accommodate payments in any NATO national currency but any foreign exchange risk remains with the participants. Funding may also be obtained to support testing activities.

The funding is for the company, not an individual, and is paid in full prior to the start of the DIANA Accelerator Programme.

While companies participating in the challenge programmes are not exempt from regular taxation, the DIANA funding is tax-exempt.

 Innovators are generally responsible for their own travel arrangements.