The Icelandic Centre for Research
The Icelandic Innovation Award
The award was first granted in 1994 at the annual Innovation Congress. The award is given to companies that are considered to have excelled in the development of a new products or service, based on research and innovation, and which have achieved success on the market. The purpose of the awards is to draw attention to the important relationship between research, knowledge acquisition and value creation. The prize is a statue of the fertility god Frey by sculptor Hallstein Sigurðsson.
The Icelandic Innovation Award has been Awarded to the following companies:
Earlier awards (on Rannis's older website)
When selecting an award winner, consideration is given to whether a proposed company is a start-up, whether it is based on a new technology and idea and has the knowledge and experience to carry out excellent development work. An assessment is then made of the added value of its products or services and whether the company has been successful in the market. It is assessed whether it is likely that the company will stay the course and whether the management of innovation is exemplary. Finally, it is assessed whether the company represents an incentive for others to follow a similar path.
