The Energy Cluster has joined the circle of partners, a business accelerator that aims to create a dynamic environment for start-ups that put all the weight on the circular economy. The partners of Hringiðu are Evris, Rannís, Grænvangur, Breið development company, Sjávarklasinn and now Orkuklasinn. Their role is to share their knowledge through organised workshops, present their activities to participants and take an active part in shaping the accelerator.
Managing Director of the Energy Cluster, Rósbjörg Jónsdóttir
"We are delighted to be part of the circle of strong colleagues. It is important to look at energy-related challenges and developments when looking at the structure of the circular economy. We look forward to working together and seeing new and improved solutions that will help us all turn a linear economy into a dynamic and effective cycle."
The Energy Cluster represents the energy sector in Iceland and is a collaborative forum for a number of parties working in the field of energy industry and related industries.
Hringiða is based on an international model and offers an ambitious platform and good preparation for applications for European grants. The focal point of the accelerator consists of organised meetings of participants with experienced entrepreneurs, investors and other experts. This is a proven process where start-up projects are given access to a broad network of mentors from the world of work and targeted training.
Management of the accelerator is in the hands KLAK who has for many years provided assistance in the development of business ideas and brought together a group of stakeholders with value creation as a guiding principle. The sponsors are the City of Reykjavík, the Ministry of Environment, Energy and Climate, Reykjavik Energy, Faxaflóahafnir, Terra, Ölgerðin and the Federation of Icelandic Industries. The partners of Hringiða are Rannís, Breið development company, Evris, Sjávarklasinn and Grænvangur.
Hringiða will be run for the third time this year, with the startups that have gone through the accelerator being Snerpa Power, e1, Sidewind, the former of which was awarded the UT startup in 2022. The application deadline for Vortex 2023 is February 19. Applications are accepted here.