The Blue Bank Accelerator: May 2018

Spend 2-3 weeks and focus on your idea or project in the Westfjords, one of Iceland’s most beautiful and remote locations. You’ll get the opportunity to meet other innovators and creators as well as mentors, and a chance to share your skills and knowledge with them.

Who is it for?

It’s for startups, innovators, artists or creatives who have an idea or project they want to work on. Teams or individuals can apply. This is not your average business accelerator. It’s a chance to disconnect from the noise of your home, enjoy nature, remoteness and connect with an alternative community. It’s an opportunity to give your project a total focus for a short period of time without the usual distractions.

What do you get?

Selected applicants are provided accommodation in a private room in a shared apartment during their stay, workspace and facilities at the Blue Bank with a fibre optic internet connection and a support from mentors and workshops. Travel and other expenses are covered by the participants. We are located in Þingeyri, a small and remote village with great access to nature and other activities. The exact program will be adapted as much as possible to the needs of the participants.

Who are we looking for?

The Westfjords is not your typical startup scene. We are looking for people with a passion for their work who are open minded and not afraid to go against the mainstream. We are creating a certain lifestyle of being disconnected, productive and creative.


You can apply now and until March 1st 2018. Please e-mail us your application or any questions to: and tell us: Who you are, what project you want to work on and what you expect out of the accelerator. We will get in touch with a part of the applicants and conduct an interview via Skype.

The host

Arnar Sigurðsson is the CTO and founder of Karolina Fund. The project is held by The Blue Bank in co-operation with the Westfjord’s residency. It’s supported by Uppbyggingasjóður Vestfjarða.

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