Business Iceland is responsible for the branding and marketing of Iceland and Icelandic export industries. It supports Icelandic companies in entering foreign markets and facilitates foreign investment in the Icelandic economy.

Reykjavík Science City is a thriving microcosm of universities, long-established companies, startups, and health care research and services. At Reykjavík Science City creatives, environmentalists, scientists, engineers and students collaborate and exchange ideas.

Iceland Innovation Week is a festival that celebrates and showcases innovation at the end of May every year. Events ranging from panel discussions and company visits to happy hours and an icy ocean dip are held in locations in Reykjavík throughout the week.