4. A favorable environment for business and innovation
Growing City
Goals of the Green Deal in finance, development, and employment matters.
The goals of Reykjavík City in the development of new industrial areas for businesses until 2030 are efficient land use, diverse economy, and industrial zones for companies of all types and sizes.
- The development of infrastructure and facilities for a diverse range of business activities aligns with the City's future vision
- Companies will have space for operations, and opportunities are ensured for those planning to develop land in densification areas and relocate their operations within the city
- Reykjavík is home to robust innovation and knowledge hubs
- New powerful industrial areas are available for small and large companies at Hólmsheiði, Esjumelar, and Álfsnes
- Employment opportunities have evolved, and new jobs have spread throughout the city, into existing neighborhoods, and onto new development sites
Actions under the goal
| Action name | Status | Completion | Updated | Departments |
|---|---|---|---|---|
| Action Plan for Employment and Innovation Policy | Completed | 2023 | January 2024 | Office of the Mayor & Chief Executive Officer |
| Climathon Hackathon | Completed | 2022 | January 2023 | Office of the Mayor & Chief Executive Officer |
| Innovation accelerators and the Golden Egg | Completed | 2023 | January 2024 | Office of the Mayor & Chief Executive Officer |
| Iceland Innovation Week | Completed | 2022 | January 2024 | Office of the Mayor & Chief Executive Officer Department of Service & Innovation |
| Promotional material about Reykjavík City | Completed | 2022 | January 2023 | Department of Culture & Tourism |
Economic objectives
- 1. Responsible financial management | Green Deal The City's Financial Policy is based on sustainability, stability, predictability, and transparency.
- 2. Dense and mixed development | Green Deal Denser, mixed housing with neighborhood sustainability at its core.
- 3. New employment opportunities of the future | Green Deal Future job opportunities will be based on knowledge, innovation, and sustainability.
- 4. A favorable environment for business and innovation | Green Deal Good land use, diverse economy, and premises for all types of companies of all sizes.