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12/02/2021 - 10:48

Take part in the competition for the University's Science and Innovation Award

Take part in the competition for the University's Science and Innovation Award - Available at University of Iceland

Take part in the competition for the University's Science and Innovation Award
- Overall cash prize is over six million krona.

Do you have an original and innovative idea that may benefit society or become the foundation of a start-up or new work opportunities? If so, we encourage you to take part in the annual competition for the University's Science and Innovation Award. The cash prize for first place is close to three million krona.

Registration form

The competition has been held at the University for over 20 years and is open to all students and staff at the University of Iceland. People from all of the University Schools are encouraged to take part as the award winners in the past have come from very diverse fields of study.

Calling for original and innovative ideas for the University of Iceland's with great potential for utilizationand that could potentially benefit society or industry regardless of financial benefits. The selection committee looks to novelty and originality in their evaluation, as well as implementation and benefit to society; especially based on the UN's Development goals, and whether the project is in line with the University's policies and supports its activities.

Deadline for proposals is Sunday 21 March 2021. The deadline has been extended to Monday 22 March 2021, due to technical error. 

Like last year, prizes will be awarded for the best idea in four categories.

Health and well-being - cash prize of 1,5 m krona.
Technology and progress - cash prize of 1,5 m krona.
Society - cash prize of 1,5 m krona.
Motivation - cash prize of 500 thousand krona.

The winner in the competition, from the above mentioned categories, receives a cash prize of additional 1,5 m krona.

Further information on the competition, individual categories, and the application form can be found on the University of Iceland's website:

The University's Science and Innovation Award is a collaboration of the University of Iceland, The New Business Venture Fund, Árnason|Faktor, Innovation Centre Iceland, and Auðna - Technology Transfer Office Iceland.