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5 Successful Accelerators and Incubators in Iceland

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Accelerators and incubators are essential for helping new startups take flight.

New entrepreneurs looking to transform their great business idea into a successful and sustainable business sometimes don’t have the experience or connections to make that happen on their own.

The staff of an accelerator or incubator can help by providing support, space, mentorship, connections and more.

To help you out, we've compiled a list of 5 accelerators and incubators from Iceland.


5 Accelerators and Incubators in Iceland

1) Startup Reykjavik

1) Startup Reykjavik

StartupReykjavik is a seed-stage investment initiative based on mentorship.

Details of the startup:

  • City: Reykjavík
  • Started in: 2012
  • Industries: Finance
  • Number of investments: 1
  • Accelerator Duration (in weeks): 10

You can find their website here.

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2) Icelandic Startups

2) Icelandic Startups

Icelandic Startups accelerates the growth of startups both within and outside of Iceland.

Details of the startup:

  • City: Reykjavík
  • Started in: 1999
  • Industries: Business Development, Energy, Management Consulting
  • Number of investments: 1

You can find their website here.

3) Firestarter

3) Firestarter

Firestarter is a music business idea and innovation accelerator.

Details of the startup:

  • City: Reykjavík
  • Industries: Finance, Financial Services

You can find their website here.

4) Startup Energy Reykjavik

4) Startup Energy Reykjavik

Startup Energy Reykjavik is a seed stage funding program that focuses on energy-related business concepts and is mentorship-driven.

Details of the startup:

  • City: Reykjavík
  • Started in: 2013

You can find their website here.

5) To the sea and countryside

5) To the sea and countryside

A business accelerator for new agricultural, maritime, and retail solutions.

Details of the startup:

  • City: Reykjavík
  • Accelerator Duration (in weeks): 10

You can find their website here.

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