The Technology Development Fund is open for applications
5th January 2026
The Technology Development Fund has opened for applications in the funding categories Sprout, Growth, Market, and Applied Research Projects. The application deadline is Monday, 16 February at 15:00 for all categories.

Sprout is intended for companies that are five years old or younger and aims to support projects at an early stage. Applications may be submitted even if the company has not yet been established.
Growth is for small and medium-sized enterprises and is intended to support projects that have progressed beyond the initial idea stage.
Market provides grants for development-related marketing activities for small and medium-sized enterprises.
Applied Research Projects aim to generate new knowledge and expertise that can be used to develop new products, processes, or services, or to bring about significant improvements to existing products, processes, or services.
The application deadline is Monday, 16 February 2026, at 15:00, and applications must be submitted electronically through the Rannís application system.
Applicants are encouraged to familiarise themselves thoroughly with the rules and guidelines.
Staff telephone hours are Monday to Thursday from 10:00–12:00, at 515 5800.