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This grant program supports students at Norwegian universities or colleges who have a business idea and ambitions to start a company. The program is designed for students who have investigated whether there is a need or market for their idea and have established a team that wants to work on it. The grant provides funding for the development and commercialization of the solution. Applicants must be students at Norwegian universities or higher education institutions with concrete plans to establish their own business. The program aims to foster student entrepreneurship by providing financial support to help transform innovative ideas into viable commercial enterprises. This is a grant opportunity offered by Innovasjon Norge (Innovation Norway) to encourage and support entrepreneurial activity among Norwegian students.

Bergen bys Utdanningsstiftelse is a Norwegian educational foundation that provides financial support to persons pursuing higher education who are residents of Bergen. The foundation was created in 2009 by merging 18 legacy funds with similar purposes to improve returns and reduce administrative costs. The foundation has its own board that processes applications and awards grants in accordance with its statutes. The amount awarded to qualified applicants depends on the foundation's returns and the number of applicants. Applications can be submitted from September 1st through September 30th each year, and grants are disbursed at the end of November to the account numbers provided in the applications.