Tag: public policy

‘Stuðnings-Kría’ – government matching loans for startups, opens for applications

‘Stuðnings-Kría’, one of the policies announced as part of the governments response to the Covid-19 outbreak for startups, has started to accept applications. The program, which will match up to 70m ISK per company, provided the company has since secured financing from private investors that will then be matched by the government. The date of… Read More ‘Stuðnings-Kría’ – government matching loans for startups, opens for applications

Kristinn Árni Lár Hróbjartsson

Bring on the Experts: Iceland should target remote workers and help them work from Iceland

The last couple of weeks were quite eventful. The country is formally opening on June 15, the second Covid package for the economy is going through parliament, and – finally – the spring weather that Icelanders love so much is coming. In this newsletter, I want to try a new format, inspired by Nicolas Colin of The Family… Read More Bring on the Experts: Iceland should target remote workers and help them work from Iceland

Kristinn Árni Lár Hróbjartsson

The Memo: a16z invests in Iceland, Kría unveiled, and Covid and Startups

This post is from The Memo – our regular newsletter with commentary and analysis on the most important things in Icelandic startups, venture, and tech. You can sign up here. Image credit: Government.is a16z’s first investment in the Nordics is in an Icelandic/Finnish gaming company, and venture initiative unveiled From the announcement: “Mainframe Industries, a… Read More The Memo: a16z invests in Iceland, Kría unveiled, and Covid and Startups

Kristinn Árni Lár Hróbjartsson

The bill on Kría, the Icelandic Venture Initiative, opened for feedback

Note: Kiddi has been consulting with the ministry on this topic and others, related to innovation policy. This morning, the Ministry for Industries and Innovation, submitted the bill that will create Kría, to public consultation. The bill creates a new entity – Kría – which will invest in venture capital funds that fulfil certain criteria,… Read More The bill on Kría, the Icelandic Venture Initiative, opened for feedback

Kristinn Árni Lár Hróbjartsson

Innovation Center Iceland to close by end of year, following the new innovation policy

Last Tuesday, the minister of innovation, Þórdís Kolbrún Reykfjörð Gylfadóttir, announced plans to close down the Innovation Center Iceland (ICI) (is. Nýsköpunarmiðstöð Íslands) by the end of this year. With this decision, the minister hopes to move the support of the public to parts of the innovation environment in more need.  “It’s essential to regularly… Read More Innovation Center Iceland to close by end of year, following the new innovation policy

Dóróthea Ármann