Startup Reykjavik (investor - Accelerator)

Startup Reykjavik is an intensive 10 week program run every summer in Reykjavik, Iceland. It is a seed stage investment program where the teams selected to participate receive $23,000 in funding along with access to top notch mentors, office space and a host of perks. The funding comes from Arion Bank in exchange for 6% of the equity.

Startup Reykjavik was founded by Arion Bank & Icelandic Startups (previously Innovit Entrepreneurship Center and Klak) in April, 2012. Startup Reykjavik is fully owned by Arion bank hf.