Nýsköpunarsjóðum
Nýsköpunarsjóðum, often translated as innovation funds, are financial instruments established to support and stimulate innovation and entrepreneurship. These funds typically provide capital, and sometimes also expertise and networking opportunities, to startups and established companies engaged in research and development, the creation of new products or services, or the implementation of novel business models. The primary objective is to bridge the gap between an innovative idea and its successful market realization, fostering economic growth and competitiveness.
These funds can originate from various sources, including government agencies, private investors, or a combination of
The investment criteria for nýsköpunarsjóðum vary widely but generally focus on the innovative nature of the