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Startup Iceland Our agenda is to build an antifragile entrepreneurial ecosystem in Iceland How do we build sustainable entrepreneurial ecosystems?

We are sure every country, city and town is asking this question given the devastation the financial crisis of 2008 has left on the world economies. History has shown that entrepreneurs are builders and creators of valuable resources for their communities. Small entrepreneurial companies create more jobs than large companies, and jobs are the economic engine of every society. With that background

we asked ourselves, are there best practices, methods and learning strategies that we could apply in our community here in Iceland? Are there examples of entrepreneurs who have solved this challenge, or tried and failed? How can we learn from this experience?

There is an Open Mentoring Session on Financial Models for Startups hosted by the Iceland Ocean Cluster, although it say...
30/08/2024

There is an Open Mentoring Session on Financial Models for Startups hosted by the Iceland Ocean Cluster, although it says Blue Sector all founders are welcome to participate and learn.

Come join us in Brúin for a free mentoring session on financial models in the Blue sectors for startups, entrepreneurs and students.

Major milestone for RetinaRisk, last week the first AI-assisted diabetic eye screening program was inaugurated by the Mi...
30/04/2024

Major milestone for RetinaRisk, last week the first AI-assisted diabetic eye screening program was inaugurated by the Minister of Health in Iceland. This is first collaboration between Icelandic and Indian innovation in healthtech, our partners in this initiative is Remidio an Indian company that has dramatically reduced the cost of fundus camera and the Retina Risk clinically validated solution that decentralizes diabetic eye screening and moves it closer to the patient.

26/03/2024

Here is a great business idea, help fund managers file the required compliance documents with the Central Bank of Iceland. The compliance and requirements needed by the FME and Central Bank of Iceland on small investment companies has become over burden some and if you can automate this process I can assure you there will be people waiting in line to pay you... including yours truly... check out these requirements, it has to be filed in XML format and the XSD file is given. Request for templates or help with the filing has fallen into deft ears in the support system within the Central Bank of Iceland. https://www.fme.is/thjonustugatt/rafraen-skil/aifm/

We talk to Kristinn Ingi Larusson with Carbfix about what is all the jazz about carbon capture, winning the X prize and ...
24/11/2023

We talk to Kristinn Ingi Larusson with Carbfix about what is all the jazz about carbon capture, winning the X prize and solving the climate change

In this episode of the Futurecast, Bala talks to Kristinn Ingi Lárusson, Head of Business Development at Carbfix, an Icelandic company that has developed a t...

In the newest episode of FutureCast, Bala talks to Kristinn Ingi Lárusson, Head of Business Development at Carbfix, who ...
23/11/2023

In the newest episode of FutureCast, Bala talks to Kristinn Ingi Lárusson, Head of Business Development at Carbfix, who is developing a technology to store carbon dioxide underground by turning it into stone.

In this episode of the Futurecast, Bala talks to Kristinn Ingi Lárusson, Head of Business Development at Carbfix, an Icelandic company that has developed a t...

We built our own Startup Iceland GPT - a mentor for founders to provide advice and insight.
10/11/2023

We built our own Startup Iceland GPT - a mentor for founders to provide advice and insight.

Startup Iceland GPT is now available and it encapsulates some of the advice and presentations that I have given over the years. We will be adding the video content soon to the GPT.

"From diapers to date nights" - Bambaló is the babysitting app connects parents in Iceland with babysitters in a simple ...
02/10/2023

"From diapers to date nights" - Bambaló is the babysitting app connects parents in Iceland with babysitters in a simple and secure way.

Bambaló is also our first prize winner of the Startup Iceland Camp this year.
Check out their winning pitch and be sure to give them a like on social media:

🔵 LinkedIn: https://www.linkedin.com/company/bamb...
👍 Facebook: https://www.facebook.com/wearebambalo

"From diapers to date nights" - Bambaló is the babysitting app connects parents in Iceland with babysitters in a simple and secure way.Bambaló is also our fi...

In two of the biggest unions in Iceland, around 64 thousand members are not using their union grants and leaving over 8 ...
01/10/2023

In two of the biggest unions in Iceland, around 64 thousand members are not using their union grants and leaving over 8 billion ISK on the table.
My Union is going to change that with their app that will make sure union members can see and use their well-earned benefits.

My Union is also our 2nd prize winner of the Startup Iceland Camp this year.

UUS Embassy Reykjavik Iceland

In two of the biggest unions in Iceland, around 64 thousand members are not using their union grants and leaving over 8 billion ISK on the table.My Union is ...

Tengdu is an app that seeks to match up migrants and locals and build new friendships.Tengdu is also our 3rd prize winne...
29/09/2023

Tengdu is an app that seeks to match up migrants and locals and build new friendships.

Tengdu is also our 3rd prize winner of the Startup Iceland Camp this year.
Check out their winning pitch

US Embassy Reykjavik Iceland

Tengdu is an app that seeks to match up migrants and locals and build new friendships.Tengdu is also our 2nd prize winner of the Startup Iceland Camp this ye...

A good pitch deck is essential for any business that wants to raise money, attract new customers or partners, or simply ...
22/09/2023

A good pitch deck is essential for any business that wants to raise money, attract new customers or partners, or simply get the word out about what they're doing. In his lecture at the Startup Iceland Camp, Bala goes over the nuts and bolts of doing that and more.

A good pitch deck is essential for any business that wants to raise money, attract new customers or partners, or simply get the word out about what they're d...

This morning Guðmundur Fentram gave a talk at the Iceland Ocean Cluster about the journey of Kerecsis and their $1.3 bil...
22/09/2023

This morning Guðmundur Fentram gave a talk at the Iceland Ocean Cluster about the journey of Kerecsis and their $1.3 billion acquisition. Read more about it at our Startup Iceland blog.

In the world of medical technology and innovation, few companies have captured the essence of nature, tradition, and cutting-edge science quite like Kerecis Iceland. This remarkable journey, led by…

Ever wondered how to come up with a good idea for a startup? Watch Bala's opening talk at Startup Iceland Camp about ide...
21/09/2023

Ever wondered how to come up with a good idea for a startup? Watch Bala's opening talk at Startup Iceland Camp about ideation and how to build the future!

In his opening speech at the Startup Iceland Camp in Reykjavík University, Bala tells a group of innovators his basic philosophy of how to ideate, innovate a...

Congratulation to Rebekka and Aníta on winning the Startup Iceland Camp Hackathon with their Idea Bambaló! an app that c...
18/09/2023

Congratulation to Rebekka and Aníta on winning the Startup Iceland Camp Hackathon with their Idea Bambaló! an app that connects parents with babysitters.

Also special thanks to the US Embassy in Iceland, Stokkur and the University of Reykjavík for making this event happen!

Thanks for a great pre-hackathon warm up yesterday! We are looking forward to this coming Friday! You can still sign up ...
12/09/2023

Thanks for a great pre-hackathon warm up yesterday!

We are looking forward to this coming Friday! You can still sign up at startupicelandcamp.com !

Photos by Ólafur Björn Tómasson

We are super stoked to announce our next hackathon weekend, Startup Iceland Camp, taking place on September 15th to 17th...
04/09/2023

We are super stoked to announce our next hackathon weekend, Startup Iceland Camp, taking place on September 15th to 17th.

Get the chance of winning up to 250.000kr, and a three months of workspace at Hafnar.Haus!

Registration on open to everybody on startupicelandcamp.com

Join us for an exciting and immersive weekend of innovation, collaboration, and entrepreneurial spirit in Reykjavík. Taking place from September 15th to Sept...

Top 20 movies and TV series about startups, business and venture capital! And don't forget to attend Startup Iceland Cam...
19/07/2023

Top 20 movies and TV series about startups, business and venture capital!
And don't forget to attend Startup Iceland Camp to further ignite your entrepreneurial ambitions and become the director or superstar of your startup.

In recent years, the world of startups and entrepreneurship has become a popular subject for filmmakers and TV creators. From inspiring success stories to gripping tales of challenges and failures,…

It takes an average of 52 Google searches to book a trip, which can be time-consuming and doesn't always guarantee quali...
17/07/2023

It takes an average of 52 Google searches to book a trip, which can be time-consuming and doesn't always guarantee quality. Travelshift is meeting this challenge by utilizing AI with their already stellar platform so that users can book their entire trip in just 7 clicks.

It takes an average of 52 Google searches to book a trip, which can be time-consuming and doesn't always guarantee quality. Travelshift is meeting this chall...

See our newest blog post, a comprehensive guide to the terminology and jargon commonly used in the exciting world of sta...
11/07/2023

See our newest blog post, a comprehensive guide to the terminology and jargon commonly used in the exciting world of startups. Whether you are an aspiring entrepreneur or just curious about the startup ecosystem, this dictionary will help you understand the terminology and navigate this innovative space.

We will be hosting our Startup Iceland Camp Hackathon on 1-3 September. Find out more at startupicelandcamp.com

Welcome to The Startup Dictionary for Beginners, a comprehensive guide to the terminology and jargon commonly used in the exciting world of startups. Whether you are  an aspiring entrepreneur …

Watch Valentina from Surova do the 90 second pitch at Startup Iceland about the future of farming.
30/06/2023

Watch Valentina from Surova do the 90 second pitch at Startup Iceland about the future of farming.

In the fast-paced world of startups, you often only have a brief window to captivate potential investors, partners, or customers. A well-crafted 90-second pi...

Have you ever wondered how our workshops are? See this short video on how we trained our startups to do their 90 second ...
28/06/2023

Have you ever wondered how our workshops are? See this short video on how we trained our startups to do their 90 second pitch at Startup Iceland 2023.

The day before Startup Iceland 2023, Bala Kamallakharan lead a pitch workshop for up and coming startups showcasing at this year's conference. He talked abou...

See Isaac Kato's talk at Startup Iceland 2023, he takes us through the journey of Verne Global, highlighting the challen...
27/06/2023

See Isaac Kato's talk at Startup Iceland 2023, he takes us through the journey of Verne Global, highlighting the challenges they faced and the importance of tenacity, grit, and determination in overcoming adversity.

Isaac Kato, CEO of Verne Global, shared 'The Saga of Verne Global' at Startup Iceland 2023. In this engaging talk, Kato takes us through the journey of Verne...

In this article, we explore the concept of startups, their unique characteristics, and the stages they typically undergo...
27/06/2023

In this article, we explore the concept of startups, their unique characteristics, and the stages they typically undergo. Do you have a good idea for a startup? join us at Startup Iceland Camp!

Article by Iryna Aniri Startups have become a defining force in the modern business landscape, driving innovation, economic growth, and technological advancements. In this article, we will explore …

Miri Berger, Co-Founder & CEO of 6Degrees, delivered an insightful address at Startup Iceland 2023. In her talk, Berger ...
19/06/2023

Miri Berger, Co-Founder & CEO of 6Degrees, delivered an insightful address at Startup Iceland 2023. In her talk, Berger explored the concept of inclusive design and its crucial role in product development.

https://www.youtube.com/watch?v=UsiUq5W_yxU

Miri Berger, Co-Founder & CEO of 6Degrees, delivered an insightful address at Startup Iceland 2023. In her talk, Berger explored the concept of inclusive des...

In his engaging presentation at Startup Iceland 2023, Tryggvi Davíðsson, the COO and Co-Founder of Indó, takes us on a j...
16/06/2023

In his engaging presentation at Startup Iceland 2023, Tryggvi Davíðsson, the COO and Co-Founder of Indó, takes us on a journey through his startup's perilous trek through "The Valley of Death" and where it is today.

In his engaging presentation at Startup Iceland 2023, Tryggvi Davíðsson, the COO and Co-Founder of Indó, takes us on a journey through his startup's perilous...

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