Organization · Accelerator
KLAK - Icelandic Startups
KLAK - Icelandic Startups is a non-profit organization that empowers entrepreneurs in Iceland through various programs, competitions, and workshops. It focuses on fostering innovation and supporting early-stage companies.
Overview
What KLAK - Icelandic Startups does
What KLAK - Icelandic Startups is
KLAK - Icelandic Startups is a non-profit organization that empowers entrepreneurs in Iceland through various programs, competitions, and workshops. It focuses on fostering innovation and supporting early-stage companies.
How it participates in the startup ecosystem
The current public profile supports program host and community capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Accelerator
- Founded
- Founded in 2000
- Approximate age
- About 26 years
- Structured capabilities
- Program host · Community
- Last reviewed
- March 31, 2026
What Accelerator means
An accelerator is a structured, short-term program designed to speed up a startup's progress toward product-market fit, traction, fundraising, or scale.
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Find KLAK - Icelandic Startups elsewhere
Open the official website or a supported primary organization account.
Capability profile
KLAK - Icelandic Startups as a program host
Program thesis
KLAK - Icelandic Startups aims to support entrepreneurs in realizing their ideas and increasing the number of innovative startups in Iceland, enhancing sustainable value creation in the country.
Focus narrative
KLAK focuses on supporting early-stage startups, particularly in the fields of health technology, digital health, medical devices, biotechnology, and pharmaceutical development. The organization runs multiple business accelerators annually, tailored for teams that are well into product development. KLAK also emphasizes international growth and funding for startups, fostering collaboration with leading startup communities abroad.
Value and support
KLAK offers mentorship, specialized training, access to investors, and connections to experts in various fields. The organization runs several accelerator programs that provide platforms for entrepreneurs to showcase their ideas and receive guidance.
Availability
- Application state
- Not published
Focus and fit
- Stages
- Accelerator · Pre-seed · Seed
Capability profile
KLAK - Icelandic Startups as a community
Community overview
KLAK - Icelandic Startups is a non-profit organization founded in 2000, based in Reykjavík, Iceland. It aims to support entrepreneurs in realizing their ideas and increasing the number of innovative startups in Iceland, thereby enhancing sustainable value creation in the country. KLAK assists startups in growing domestically and internationally by accelerating their development and connecting them with experts, investors, and other key stakeholders.
Community focus
KLAK focuses on supporting early-stage startups, particularly in the fields of health technology, digital health, medical devices, biotechnology, and pharmaceutical development. The organization runs multiple business accelerators annually, tailored for teams that are well into product development. KLAK also emphasizes international growth and funding for startups, fostering collaboration with leading startup communities abroad.
Member value
Members benefit from access to specialized training, mentorship, and connections to investors through various accelerator programs. KLAK also provides platforms for showcasing ideas and networking opportunities with key stakeholders in the startup ecosystem.
Membership
- Pricing models
- free
Format and cadence
- Modality
- in-person
- Schedule
- rolling-admissions
- Commitment
- moderate
Availability
- Membership state
- Accepting
Audience and fit
- Audience
- Founders · Investors · Corporate Innovators
- Benefits
- mentorship and network-access
- Program types
- accelerator and community
- Selection criteria
- open and application
- Stages
- Pre-seed · Seed
- Regions
- Europe
Community activity
Events and activity
KLAK hosts numerous events, including Hringiðuhádegi, a lunch event where participating startups present their projects; the Creative Business Cup Pre-Competition for creative startups; Startup SuperNova Events, including BBQ & Pitch and Klúðurkvöld; Nordic Life Science Days for networking; and TINC, a five-week accelerator for Nordic startups aiming for the US market.
Common questions
What to know about KLAK - Icelandic Startups
Upseed classifies KLAK - Icelandic Startups under the Accelerator organization type. Its current public profile includes program host and community capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
March 31, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.