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Since the decision to phase out the Innovation Incubators, SIU has worked on a specific model to handle all the portfolio companies, which are currently held by the Innovation Incubators. In April 2019, SIU released an EU tender, in which interested entrants could bid for the task as Manager of the State's investments during the period 2020-22 with the aim of divesting the companies during the same timeframe.
During May 2019, Borean Innovation A/S was selected as one of the future Exit Operators, thus contributing to settling loans and ownership interests in Borean’s current approx. 60 portfolio companies. In parallel, Borean Innovation A/S continues to develop the existing portfolios and, not least, assisting the companies in the process of attracting external capital.
