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Iceland Innovation Week
Description of the action and objectives
Green Deal action
Reykjavík City is a key supporter of Innovation Week, offering businesses and entrepreneurs the opportunity to host innovation-related events, lectures, and initiatives with various touch-points. The goal is to increase access to and visibility of innovation across all industries, and businesses and entrepreneurs get opportunities to share important knowledge. The festival also highlights Reykjavík City as an innovation hub, attracting capital, investors, and foreign experts in innovation and green solutions, creating synergy with other projects like Reykjavík Science City.
Implementation period
Planned completion in the first half of 2022
Status: Completed
Status report on January 1, 2023
In November 2022, the City Executive Council approved that Reykjavík City will sponsor the Iceland Innovation Week with 2.5 million kr. for the next two years (2023 and 2024). In addition, the City will actively participate in the festival and the Nordic Start Up Awards. Beyond financial contribution, the City aims to use the festival as a platform for dialogue, collaboration, and promotion of its own innovation projects.
Older status reports
| Timing | Progress description |
| July 2022 |
Reykjavík City was a major supporter of Innovation Week held May 16-20, 2022. Reykjavík City events included: An event in Tjarnarsalur where the emphasis was on innovation within the City. Two presentations from Reykjavík City were held on Public Sector Innovation Day on the Green Deal and welfare technology. Reykjavík City loaned Hafnarhúsið for a reception related to the Nordic Startup Awards. Hringiða hosted a sustainability event in Tjarnarsalur, and Þórdís Lóa Þórhallsdóttir opened the Nordic Startup Awards ceremony. In addition, a sea swimming event was held in Nauthólsvík in collaboration with the Department of Sports & Leisure on the last day of the festival. |
The actions of the Green Deal are linked to Reykjavík City's policies, which include:
Reykjavík City departments:
Related actions
The table below contains actions related to this initiative, and you can access more information by clicking on the "action title" in the table (if you're using your phone, it's better to turn it sideways).
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.