{"id":619,"date":"2022-01-08T21:16:38","date_gmt":"2022-01-08T21:16:38","guid":{"rendered":"https:\/\/klak.is\/?page_id=619"},"modified":"2026-02-24T14:56:39","modified_gmt":"2026-02-24T14:56:39","slug":"tip","status":"publish","type":"page","link":"https:\/\/klak.is\/en\/tips\/","title":{"rendered":"Tips"},"content":{"rendered":"
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There are many paths to starting a business.\nWe have mapped one out to highlight the strength of Iceland\u2019s innovation support ecosystem. By following the startup journey, entrepreneurs can easily identify and access the appropriate grants and resources available at each stage of development.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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The collaboration between KLAK and the Technical Development Fund, which began in 2021, aims to increase knowledge and support for Icelandic entrepreneurs. This partnership focuses on streamlining the start-up process, from concept to execution, to enhance the success of new ventures and foster a supportive environment for innovation.<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The start-up process<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Hackathon<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Hackathons are idea competitions for entrepreneurs who intend to solve presented problems. The best solution wins the competition, and often wins a prize that benefits the implementation of the idea. Participating in a hackathon is a great way to get practical ideas for entrepreneurship.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Idea<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Do you already have an idea? Great \u2013 move on to the next step.\nLooking to come up with an idea? Most ideas are focused solutions to common problems. To spark new ideas, try observing the world with a critical eye and ask yourself: What could be improved?<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Gulleggi\u00f0<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Gulleggi\u00f0 er frumkv\u00f6\u00f0lakeppni \u00e1 hugmyndastigi og er haldin \u00ed byrjun \u00e1rs. H\u00e6gt er a\u00f0 skr\u00e1 sig \u00ed Gulleggi\u00f0 me\u00f0 e\u00f0a \u00e1n hugmyndar. Fyrirkomulagi\u00f0 er \u00feannig a\u00f0 allir geta skr\u00e1\u00f0 sig \u00ed Masterclass sem er kraftmikil helgi \u00fear sem \u00e1hersla er l\u00f6g\u00f0 \u00e1 a\u00f0 \u00fe\u00e1tttakendur l\u00e6ri a\u00f0 gera \u201epitch deck\u201c e\u00f0a stutta gl\u00e6rukynningu sem gerir hugmyndinni g\u00f3\u00f0 skil. \u00cd kj\u00f6lfari\u00f0 er svo keppt um bestu kynninguna.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Fr\u00e6<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Fr\u00e6 (seed) is a grant with the aim of supporting ideas and projects at an early stage which\u00a0can lead to larger development projects. In order to apply for Fr\u00e6, you have to submit\u00a0<\/span>a 10 slide pitch deck presentation explaining the idea - coincidence?<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Accelerator<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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KLAK keyrir \u00e1rlega 3-4 vi\u00f0skiptahra\u00f0la me\u00f0 mismunandi \u00e1herslur. T\u00f3kstu \u00fe\u00e1tt \u00ed Gullegginu og ertu jafnvel b\u00fain a\u00f0 f\u00e1 Fr\u00e6 styrk? Ertu komin me\u00f0 gott teymi og \u00fei\u00f0 tilb\u00fain a\u00f0 taka n\u00e6sta skref? \u00de\u00e1 er vi\u00f0skiptahra\u00f0all m\u00e1li\u00f0. Kjarninn \u00ed okkar hr\u00f6\u00f0lum eru mentorapr\u00f3gr\u00f6min en vi\u00f0 tengjum frumkv\u00f6\u00f0la vi\u00f0 reynslumikla frumkv\u00f6\u00f0la og s\u00e9rfr\u00e6\u00f0inga \u00far vi\u00f0skiptal\u00edfinu.\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Sproti<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Sproti getur numi\u00f0 allt a\u00f0 20 millj\u00f3num kr\u00f3na \u00e1 tveimur \u00e1rum og er \u00e6tla\u00f0ur ungum n\u00fdsk\u00f6punarfyrirt\u00e6kjum og frumkv\u00f6\u00f0lum sem eru a\u00f0 vinna a\u00f0 verkefni \u00e1 byrjunarstigi.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Dafna<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Dafna eru vinnustofur fyrir \u00feau sem hloti\u00f0 hafa Sprotastyrk fr\u00e1 T\u00e6kni\u00fer\u00f3unarsj\u00f3\u00f0i. H\u00e9r hefst vinnan fyrir alv\u00f6ru! Vinnustofurnar fara fram tvo daga \u00ed m\u00e1nu\u00f0i, fj\u00f3ra m\u00e1nu\u00f0i \u00ed senn og \u00ed kj\u00f6lfar \u00feeirra f\u00e1 allir styrk\u00feegar s\u00e9rvali\u00f0 teymi mentora sem fylgir \u00feeim n\u00e6stu sex m\u00e1nu\u00f0ina.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Funding<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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There are various ways for startups to finance their projects. Read more about funding opportunities further down the page.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Accelerator 2.0<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Hra\u00f0la fyrir lengra komin fyrirt\u00e6ki er oft gott a\u00f0 s\u00e6kja utan landsteinanna og tekur KLAK \u00fe\u00e1tt \u00ed \u00fev\u00ed a\u00f0 kynna og finna fyrirt\u00e6ki inn \u00ed al\u00fej\u00f3\u00f0lega hra\u00f0la svo sem TINC \u00ed S\u00edlikondal.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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V\u00f6xtur<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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V\u00f6xtur getur numi\u00f0 allt a\u00f0 50 millj\u00f3num kr\u00f3na \u00e1 tveimur \u00e1rum og er \u00e6tla\u00f0ur til a\u00f0 styrkja \u00fer\u00f3unarverkefni sem eru komin af frumstigi hugmyndar.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Funding environment<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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There are various ways for startups to finance their projects. At Skapa.is<\/a><\/strong> you can find an overview of grants, investment funds and other options to finance start-ups.\u00a0<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Bootstrap<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Bootstrap is startup lingo for when entrepreneurs use their own capital to get their idea going.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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FFF<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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FFF stands for Family, Friends and Fools, but some entrepreneurs use money from friends and family who believe in the idea to get started.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Grants<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Various grants are available for both research and development of innovative projects, but also for the implementation of innovative solutions. An overview of grants can be found at <\/span>Skapa.is<\/a><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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VC funds<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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VC funds are investment funds intended for investments in start-up companies. An overview of the main investment funds for Icelandic startups can be found at Skapa.is\u00a0<\/a><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Angels<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Angels are investors who use their own capital to invest in early stage startups. Angels often have entrepreneurial experience themselves and can provide appropriate assistance.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Loan<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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There are funds that offer loans for innovative projects. It is also possible to take out loans from banks for specific company purchases, such as real estate or equipment financing.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Crowdfunding<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Crowdfunding is when the public funds a project, often with voluntary donations in exchange for receiving a product\/service when it is ready.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Business accelerators<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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An accelerator is a multi-week program designed to help entrepreneurs develop their ideas and become investment-ready. KLAK\u2019s accelerators typically conclude with Investor Days, where entrepreneurs pitch their projects to investors.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\u00dea\u00f0 eru fj\u00f6lmargar lei\u00f0ir a\u00f0 \u00fev\u00ed a\u00f0 stofna fyrirt\u00e6ki. Vi\u00f0 h\u00f6fum var\u00f0a\u00f0 lei\u00f0ina til a\u00f0 vekja athygli \u00e1 \u00fev\u00ed hversu \u00f6flugt stu\u00f0ningsumhverfi n\u00fdsk\u00f6punar er \u00e1 \u00cdslandi. Me\u00f0 \u00fev\u00ed a\u00f0 sty\u00f0jast vi\u00f0 sprotaferli\u00f0 geta frumkv\u00f6\u00f0lar \u00e1 au\u00f0veldan h\u00e1tt s\u00f3tt s\u00e9r vi\u00f0eigandi styrki og stu\u00f0ning \u00e1 hverju stigi \u00fer\u00f3unar.\u00a0 Samstarf KLAK og T\u00e6kni\u00fer\u00f3unarsj\u00f3\u00f0s h\u00f3fst af alv\u00f6ru \u00e1ri\u00f0 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-619","page","type-page","status-publish","hentry"],"acf":{"tengd_verkefni":null},"_links":{"self":[{"href":"https:\/\/klak.is\/en\/wp-json\/wp\/v2\/pages\/619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/klak.is\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/klak.is\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/klak.is\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/klak.is\/en\/wp-json\/wp\/v2\/comments?post=619"}],"version-history":[{"count":0,"href":"https:\/\/klak.is\/en\/wp-json\/wp\/v2\/pages\/619\/revisions"}],"wp:attachment":[{"href":"https:\/\/klak.is\/en\/wp-json\/wp\/v2\/media?parent=619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}