Accelerator in Iceland

K KLAK – Icelandic Startups

KLAK is a non-profit accelerator and entrepreneurship support organization founded in 2000, formed through the 2013 merger of Klak and Innovit. It is owned by the University of Iceland, Reykjavík University, the Kría Innovation Fund, and the Federation of Icelandic Industries. KLAK runs three to four sector-specific accelerator programs annually, operates the Gulleggið startup competition (Iceland's largest, with over 3,000 ideas submitted since 2008), and provides mentorship and international growth support to early-stage Icelandic companies.