Grant

Fræ / Þróunarfræ

Status to confirm

Fyrirtækjastyrkur Markaður is a public grant from the Technology Development Fund (Tækniþróunarsjóður) in Iceland supporting marketing activities tied to development projects. It offers up to 12 million ISK with a 50% co-funding requirement to SMEs allocating at least 10% of operating expenses to R&D.

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Key facts

Organiser: Tækniþróunarsjóður / Rannís
Amount: ISK 2,000,000 · Grant
Open to: Iceland
Stages: Idea, Pre-seed
Sectors: Any sector

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See your fit: whether you qualify, the official application form, and Autopilot to fill it in for you. Equity, fees, format and location open with it.

See your fit

Key questions about Fræ / Þróunarfræ

Who can apply to Fræ / Þróunarfræ?

Fræ / Þróunarfræ is aimed at startups at these stages: Idea and Pre-seed. Eligible locations: Iceland. Incorporation is not required. Other requirements: Company must be 5 years old or younger (if incorporated); Subject to de minimis aid rules (max 300,000 EUR over 3 fiscal years).

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Verified on November 4, 2026 against the official page.