Status
Closed for applications
Deadline was 15. September 2025
Application period
05.08.2025 - 15.09.2025
Category
Innovation, Research, Within Iceland
Type
Financing
Service provider
The Icelandic Centre for Research
Market grants for companies
Marketing grants to small and mid-sized companies working in research and development. The grants are in two categories, for different stages of product preparation for the market.
Status
Closed for applications
Deadline was 15. September 2025
Application period
05.08.2025 - 15.09.2025
Category
Innovation, Research, Within Iceland
Type
Financing
Market grants for companies
Closed for applications / Deadline was 15. September 2025
Marketing grants come in two categories: market development and campaigns.
The grant can be up to ISK 10 million.
Matching funds of a minimum of 50% are required.
Maximum project length is 1 year.
Who can apply?
Marketing grants are only for small and mid-sized companies which have invested a minimum of 10% of operating revenue in research and development during the most recent fiscal year.
How to apply
Applications are submitted online through the Rannís application portal.
Applicants must submit at a minimum attachments for the fields Project Description and Calculations. Templates for those can be found in the application portal once the application form has been created.
Answers to questions
Contact the Technology Development Fund by email: taeknithrounarsjodur@rannis.is
Staff phone hours are Monday to Thursday from 10:00–12:00 at +354 515 5800.
This grant category is covered by rules concerning small-scale assistance, see the rules of the Technical Development Fund.
See also:
Application instructions for the Technology Development Fund
About evaluation and disbursement from the Technology Development Fund
An excel help file is available which can simplify creation of a cost estimate. That file itself does not need to be send with the application, but the numbers calculated there need to be submitted in the appropriate sections of the second stage of the application (sections 3.2 and 3.3).
Applicants without access to Microsoft Office can open the file in OneDrive.
Service provider