Empowering Innovation Through Expert Grant & Tax Deduction Support
Islandsdottir was founded with a mission to equip ambitious startup founders and managers of established businesses with the necessary tools and knowledge to secure public grant funding for their R&D projects.
With decades of experience in public grant and tax deduction applications, Islandsdottir has established itself as a trusted partner to some of Iceland’s most prominent startups, delivering consistent results for our clients year after year.
Where Are You on Your Journey?
Where Are You on Your Journey?
Securing and managing public funding can feel like walking through new terrain without a map, but it doesn't have to be. Whether you're just starting to explore opportunities, writing your first application, or looking to streamline ongoing grant management, we can provide that map to guide you.
Take a moment to find where your company or project fits within the stages below, and discover how we can help you move forward.

Established Business
Your company is established, working on a new innovative project and has funding sources such as revenue and/or investment.

Startup Ready to Grow
Your company is a startup with a prototype/MVP and has secured some funding.

Idea Stage
Your project is still in the idea stage, prototype development is ongoing and little or no funding has been secured.
Support Tailored to Every Stage of the Funding Journey
Support Tailored to Every Stage of the Funding Journey
From initial strategy and planning to post-award management and compliance, we provide expert guidance to make your funding journey as seamless as possible.
Our Funding Results
Our Funding Results
Our track record reflects our dedication and expertise. We help turn ambitious ideas into funded realities. Our expertise ensures every application is prepared with care and precision, giving you the best chance of success.

38% success rate
Technology Development Fund
compared to a 21% approval rate for other applicants in 2021

€22.8 million
Won in funding in total for clients

97% success rate
Tax Deduction Applications
compared to an 87% approval rate for other applicants

€7.6 million
Won in tax deductions for clients
What Our Clients Have to Say
What Our Clients Have to Say

We at Yay had submitted a couple of grant applications without success. We got in touch with Thorunn, she helped us update the application and we were awarded the grant. She is very professional and patient. It's not always easy to get entrepreneurs to sit down and create business plans and budgets, but Thorunn manages to do that successfully.
Ari Steinarsson, Founder and CEO of Yay.