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Technology Development Fund (Tækniþróunarsjóður)🎯 Single Applicant Eligible

Rannís Tækniþróunarsjóður: "Vöxtur" (Growth) og "Sproti" (Sprout) Styrkir

Originally published in Icelandic
High language barrierEnglish translation available ↓

Opportunity overview

Non-repayable grants supporting Icelandic technological startups through feasibility testing, prototype creation, and international deployment. **Program Mandate:** "Fræ" (Seed), "Sproti" (Sprout), and "Vöxtur" (Growth) grants up to ISK 70M (~€470k) for geothermal, biotech, and
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EU Fund Portal Signals

Is this worth the team's time?

Directional signals based on the call structure, available source text, and deadline pressure. These are not funding guarantees.

Source language: IcelandicConfidence: High

Competition

3/ 5

Moderate Competition

5 means a narrower, more approachable field. 1 means heavy competition.

Application Effort

2/ 5

Manageable

1 is straightforward. 5 means a demanding application with heavier coordination or compliance.

Why competition looks like this

Confidence: High
  • The call looks specialized, which can narrow the field of credible applicants.

Why effort looks like this

Confidence: Low
  • A credible application will probably need more than a lightweight narrative.
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Consortium

Probably not required

Co-funding

Not clearly indicated

Documentation

Low

Deadline pressure

Moderate

Eligibility scope

Narrow

Technical depth

Moderate

Plain-English translation

The original call appears to be in Icelandic. Translate the source summary and eligibility notes into concise English for faster review.

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Eligibility

Icelandic registered companies and entrepreneurs

Application deadline

15/11/2026
47 days remaining

Key information

Value of call
€70.0M
Sector
Energy
Country
IS
Funder
Rannís (The Icelandic Centre for Research)

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Tracked by EU Fund Portal since 29/09/2026
Last checked 29/09/2026

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