How - the way we do it
Internal fundingThe participating SMEs all contribute with 1% of their company wages plus a fair amount of time and energy spend at DevLab research. So, a larger SME contributes more compared to a smaller one, but in return the larger company has more potential to benefit from the spin-off from the research programs, because it will be able to involve more people into the projects. The return on the "investment" comprises the use of gained knowledge, licenses 'free of charge' and all not patentable knowledge and skills which emerge from workshops and training sessions which take place in the research programs.
DevLab is living according to the knowledge/technology push principle, which means that the participating companies determine the roadmap of research programs. The strength of SMEs is their knowledge and skills in the field of currently available and applicable technology. The strength of universities is in the field of future technologies and the strength of technological colleges is in the field of applied science. Working together in the concept of DevLab all partners are co-operating in a huge network with a vast amount of available knowledge and science.
External fundingDevLab has been started with investments of the participating companies. As the research programs started to grow, external funding has become available from a number of supporters.