Business Accelerators and workshops for entrepreneurs

Klak helps entrepreneurs realise their ideas, increases the number of start-ups based on ingenuity, thereby increasing Iceland's sustainable value creation. We help start-ups grow domestically and abroad by accelerating their development and connecting them with experts, investors and other key players. Klak has long ago established itself as a key player in the support environment of innovation in Iceland and strives to be a leader in the grassroots entrepreneurial community.


Klak is a non-profit company owned by the University of Iceland, Reykjavik University, Origo, The New Business Venture Fund and the Federation of Icelandic Industries. The role of Klak is to expand and support the community of entrepreneurs in Iceland with the aim of increasing the number of start-up companies. 

Klak assists entrepreneurs from the first steps and has maintained Gulleggið, the country's largest entrepreneurial competition since 2008. Gulleggið is an idea-level competition and an ideal platform for entrepreneurs starting their journey. 

Klak Runs annual 3-4 business accelerators with different focus and are designed for teams that are well on their way in product development.

Klak is in active collaboration with the Technology Development Fund and receives Sprota's beneficiaries twice a year for a week-long workshop and Klak connects the beneficiaries with relevant mentors who follow them for 6 months.


International work

Emphasis is placed on assisting in preparing start-ups for international growth and funding. A large part of this involves strengthening cooperation with leading start-up communities abroad in a meaningful way and raising awareness of outstanding Icelandic start-ups for foreign investors and the media.

Klak is in active international collaboration and business accelerators are part of the GAN – Global Accelerator Network. Klak is also part of Nordic Scalers and Nordic Made, and our international representative is a deputy on the Board of Nordic Innovation.



Klak was founded in 2000 and merged with Innovit in 2013. The merged company was named Klak Innovit, later Icelandic Startups and now again Klak – Icelandic Startups. Over the company's long history, hundreds of entrepreneurs have gone through accelerators or participated in the Golden Egg entrepreneurship competition. 


Startup Supernova
Hringiða Logo 2022


Project Manager

Andrés Jakob Guðjónsson  

Andres @klak.is

775 1091

Project Manager

Ása María Þórhallsdóttir  


international representative and Project Manager

Freyr Friðfinnsson  

FREYR @klak.is

867 1942

Project Manager

Kolfinna Kristínardóttir  

coal @klak.is

863 6345


Ásta Sóllilja Guðmundsdóttir

Asta @klak.is

861 3134

Executive director KLAK VMS

Magnus Ingi Óskarsson  


project representative

Magnús Daði Eyjólfsson  


787 1153

Chief Financial Officer and Quality Officer

Sunna Halla Einarsdóttir  

Sunna @klak.is

866 9203


Chairman of the Board KLAK - Icelandic Startups

Soffía Kristín Thordardottir  

Vice Chairman klak - Icelandic Startups

Ólöf Vigdís Ragnarsdóttir  

Head of Innovation at the University of Iceland
control KLAK - Icelandic Startups

Eyjólfur Ingi Ásgeirsson  

Associate Professor at Reykjavik University

control klak - Icelandic Startups

Hrönn Greipsdóttir  

Managing Director of the New Business Venture Fund

control klak - Icelandic Startups

Sigríður Mogensen  

Head of the Industrial and Intellectual Property Division of the Federation of Icelandic Industries

Gróska, Bjargargata 1
102 Reykjavik

Hello @klak.is

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