Press Release

 

 

Port-Safety secures funding from

The Market Development Fund

 

Copenhagen, Denmark, 14 August 2017

 

With solid competition from more than 200 companies Port-Safety has come out on top, and secured funding for the unique LifeLadder product, a non-corrosive and 24/7 visible safety ladder for ports and quay walls, a game changer for the safety ladder industry.

 

The founders of Port-Safety are proud to be selected by The Market Development Fund, and are very pleased about the confidence this reflects in the LifeLadder solution, the value it can deliver for communities, and the business potential it represents. The funding is an important step towards improving safety and the chances of saving lives.

 

The aim for The Market Development Fund is to promote growth, employment, and export by supporting innovative new businesses getting faster to market. The funding will support the final testing of LifeLadder in user environments to confirm the robustness of the construction, the increased lifetime, and the improved visibility/safety.

The announcement of the selected companies was supported by encouraging comments from Denmark’s Minister of Industry, Business, and Financial Affairs Mr. Brian Mikkelsen and from the Chairman of The Market Development Fund Mr. Carsten With Thygesen (in Danish):

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