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The Minister signed an agreement with Snjallræði

Guðmundur Ingi Guðbrandsson, Minister of Social Affairs and Labour signed an agreement on cooperation with KLAK on the social growth space Snjallræði This is the first time the company has worked with Klak.

"We are really pleased to see the company come into the project with so much power. Innovative companies that engage in social innovation often see the state as their first customer, and it is important to know the challenges and expectations of the Ministry. They come in not only with financial support but the knowledge and experience that matters Snjallræði no less important" – Kristín Sophia, Managing Director of KLAK

Snjallræði aims to highlight, promote and support new technologies and strategies that support the UN's global goals and solve emerging challenges in society.

Snjallræði is a collaboration between Höfði Reykjavík Peace Centre, the City of Reykjavík and the University of Iceland. The supervisor is KLAK – Icelandic Startups, which has years of experience in innovation and development of business ideas. In 2022, 10 companies were selected.

Snjallræði is carried out in collaboration with the American University of MIT and experts from the University come to Iceland and work with participants. In addition, the teams meet experienced entrepreneurs, investors and other professionals from the business community. After 16 weeks, participants should be prepared to present their projects to investors.

Guðmundur Ingi Guðbrandsson, Minister of Social Affairs and Labour:

"We are delighted to be involved in supporting entrepreneurs who are burning for new welfare and social solutions. A wide range of challenges call for a wide range of solutions and it is important that such a platform exists where hopefully good solutions will arise."