Funding information

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Icelandic funding body, Ministry of Industry and Commerce through the Icelandic Centre for Research (Rannìs), funds R&D costs for SMEs participating in our Eurostars programme.  

As an Icelandic small company, you could receive up to 80% of project costs in grants for industrial research OR up to 60% of project costs in grants for experimental development.  

As an Icelandic medium-sized company, you could receive up to 75% of project costs in grants for industrial research OR up to 50% of project costs in grants for experimental development.  

The maximum funding amount is a grant of approximately 360,000 euro per project. 

Read more.  

Icelandic funding body, Ministry of Industry and Commerce through the Icelandic Centre for Research (Rannìs), funds R&D costs for large companies participating in our Eurostars programme.  

Rannìs covers up to 65% of project costs in grants for industrial research and up to 40% of project costs in grants for experimental development. 

The maximum funding amount is a grant of approximately 360,000 euro per project. 

Read more

Icelandic funding body, Ministry of Industry and Commerce through the Icelandic Centre for Research (Rannìs), funds R&D costs for large companies participating in our Eurostars programme.  

Rannìs covers up to 80% of project costs in grants per project. 

The maximum funding amount is a grant of approximately 360,000 euro per project. 

Read more

Contact your national funding body