Hringiða is a business accelerator with a focus on sustainability and aims to highlight, promote and support innovative projects at an early stage.
Hringiða's focal point consists of organized workshops and meetings with experts from the group of mentors from KLAK VMS. The progress of the participants under the guidance of the mentors results in a greatly increased probability that the wands will succeed, to the benefit of Icelandic society.
Hringiða's mission is to promote the establishment of powerful companies in Iceland that are based on the concept of the circular economy, create valuable and interesting jobs and deliver results in environmental and climate matters in Iceland.
This is a process where up to ten start-up projects in the early stages are given access to a wide network of mentors from the business world and targeted training.
Hringiða is managed by KLAK - Icelandic Startups, which for many years has provided assistance in the development of business ideas and brought together a group of stakeholders with value creation as a guiding principle.
Sponsors are the City of Reykjavík, the Ministry of the Environment, Energy and Climate, Orkuveitan, Faxaflóhafnir, Terra, Ölgerðin and the Confederation of Industry. Hringiða's partners are Rannís, Breið vejðurfélag, Evris, Sjávarklassinn, Grænvangur, Hugverkastofa, F6S and Hringrásarklasinn.
The application deadline in Hringiða ended on February 25, 2024.
Entrepreneurs
Nine early-stage start-ups are participating in Hringiða 2024.
Arctic Fibers
Arctic Fibers is transforming lupine in Iceland into accessible materials for the construction industry, textiles and more. By establishing a small plant fiber factory, we put agricultural raw materials back to work in a sustainable way. Our goals are to promote renewable agricultural practices, support the restoration of biological diversity and promote a circular economy here in Iceland.
Circula
Recoma Ísland recycles composite cardboard packaging such as Tetra Pak and uses it to produce green building boards with 80-90% less carbon footprint than other building boards. 100% recycling of waste streams in Iceland, where the product is a green building material that meets the construction industry's goals of 55% less carbon footprint by 2030 and better.
Our goal is to offer our eco-friendly Ekko towing shutters that save an average of 7.5% of oil per hunt, which quickly saves the value of the shutters. In addition, the Ekkó tow shutters float over the bottom and protect the bottom living environment.
Flaff - textile processing
Flöff plans to establish the first textile recycling center in Iceland, where unusable textiles are broken down and new value is created from them. Textile waste is a huge problem in the world and with this activity Flöff forms an important link in Iceland's circular economy.
In the deep
Today, much of horse manure in Iceland is disposed of, at great expense to the horse owners, without any use for it.
Calm
RÓ researches and designs sensible utility items with an emphasis on well-being and serenity, based on locally sourced materials. We hereby present the RÓSEMI Recliner, the Flóra Meditation cushion and the RÓ Wool mattress, made of wool, wood and Herbal colors.
SeaGrowth
SeaGrowth plans to produce bio-cultured fish pulp from fish cells for food production. The process is such that an initial sample is taken from a wild, healthy fish, the cells are isolated and grown in specially designed culture tanks. The resulting mass of fish will be sold to food processing companies that process the raw product into fish dishes ready for consumers.
CHOOSE
Velja is a software solution that offers clothing rental in the form of 'capsule' wardrobes that meet the diverse clothing needs of individuals in a sustainable way. Velja gets used clothes directly from individuals and from recycling centers, thus contributing to an improved circular economy. Velja aims for growth through franchises, where entrepreneurs can take advantage of Velja's software solution, processes and market image in their own operations.
Visttorg
Visttorg collects sustainability information for building products and puts it in an accessible digital format to simplify designers' understanding of how the choice of building materials affects the building's sustainability.
Agenda
Hringiða started on March 11, 2024 and will last for 6 weeks, and it is a process where nine start-up projects in the early stages have been given access to a wide network of mentors from the business world and targeted training.
Hringiða's focal point consists of organized workshops and meetings with experts from the group of mentors from KLAK VMS. The progress of the participants under the guidance of the mentors results in a greatly increased probability that the wands will succeed, to the benefit of Icelandic society.
Agenda
Hringiða begins on March 11, 2024 and lasts for eight weeks and is a holiday over the Easter holiday. The program for Hringiða will be published soon.
Week 1
14.-15. March - European grants and teamwork
During the first week of the accelerator, the participants get to know each other and form relationships with each other. Lectures on European grants and Iceland's participation in the LIFE program. A workshop in effective teamwork.
Week 2
21.-22. March- Needs analysis and investors
Workshop in needs analysis with Magnús Inga Óskarsson. Preparation for a conversation with investors. Visit to Grundartanga.
Marketing workshop.
The first mentoring sessions take place.
Week 3
28.-29. march
Call Noon - Event
Week 4
3.-7. April
Holiday week
Week 5
11.-13. April
Workshop in needs analysis. The teams present their projects to the shark tank and receive feedback. Conduct course with María Ellingsen to prepare participants for an event. Mentoring sessions.
Week 6
18 - 19 April Action plan and attack on foreign markets
18-month action plan. Workshop in intellectual property law. A workshop in an attack on foreign markets.
Week 7
25.-26. April - Inspiralia
Inspiralia comes to the country and holds a workshop and meets the teams in consulting meetings.
Week 8
2.-4. May - Action plan and investor presentations
Ranni's workshop on European grants and presentation training for Hringida's investor day.
Mentors
KLAK VMS is part of Hringida's program. Mentoring service KLAK – Icelandic Startups is one important link in Hringiða's support system.
Hringiða's mentoring arrangement is based on the philosophy of the MIT Venture Mentoring Service, which has been developing arrangements for over two decades. Participants in Hringiða will meet with two to five different mentors at a time during the business accelerator.
Mentors
KLAK VMS – Mentoring service KLAK is one of the most important elements in the support system of the start-up community and is therefore part of Hringiða.
Hringiða's mentoring arrangement is based on the philosophy of the MIT Venture Mentoring Service, which has been developing arrangements for over two decades. Participants in Hringiða will meet with two to five different mentors at a time during the business accelerator.
Ministry of Education and Children
Arnór Guðmundsson
be
Ágúst Freyr Takács Ingason
stratagem
Ása Karin Hólm
black peaks
Bárður Örn Gunnarsson
e4
Daddi Guðbergsson
Dagný Halldórsdóttir
Míla
Erik Figueras Torras
founder of the congregation
Georg Lúðvíksson
Reykjavik Harbour
Gunnar Tryggvason
Lagerinn iceland
Halldór Sigurjónsson
the university of bifrost
Haraldur Daði Ragnarsson
Kirstín Flygenring
University of Iceland
Kristin Vala Ragnarsdóttir
instrument
Kristján Schram
dynamic unit control
Peter Richter
the energy cluster
Rósbjörg Jónsdóttir
Controlant
Sævar Garðarsson
University of Iceland
Sandra Mjöll Jónsdóttir-Buch
national hospital
Sigurður Þórarinsson
Bravoearth
Vilborg Einarsdóttir
Steering committee
Sponsors' representatives form the project's steering committee. The project's steering group is involved, among other things, in the review of applications and the selection of the business ideas that are offered for participation in the accelerator.
City of Reykjavík
Hulda Hallgrímsdóttir
City of Reykjavík
Óli Örn Eiríksson
Federation of icelandic industries
Nanna Elísa Jakobsdóttir
ICETEC
Guðbjörg Óskarsdóttir
Energy supplier Reykjavík
Arna Pálsdóttir
REYKJAVÍK ENERGY SUPPLY
Birna Bragadóttir
MINISTRY OF ENVIRONMENT, ENERGY AND CLIMATE
Kjartan Ingvarsson
Wide
Valdís Fjölnisdóttir
The beer
Málfríður Guðný Kolbeinsdóttir
Terra
Gróa Björg Baldvinsdóttir
THE CYCLE CLUSTER
Thorbjörg Sandra Bakke
Reykjavik Harbour
Gunnar Tryggvason
Evris
Anna Margrét Guðjónsdóttir
Greenvang
Thorberg's night
Rannís
Gyda Einarsdóttir
The energy cluster
Rósbjörg Jónsdóttir
the marine cluster
Thor Sigfússon
Sponsors
Partners
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