Islandsdottir S.L.

Íslandsdóttir is a specialist consultancy dedicated to helping innovation-driven businesses navigate public funding with clarity and confidence. Our mission is to transform visionary ideas into funded, compliant, and successful projects—without the overwhelm. We work at the intersection of strategy, grant execution, management and compliance, supporting teams through every stage of the funding journey.

Our services are built around four core areas. First, our Innovation Funding Blueprint provides tailored strategies to identify and pursue public funding opportunities aligned with your goals. Second, through Grant Proposal Mastery, we help craft compelling, evaluator-ready applications that stand out in competitive review processes. Third, our Grant Success Management ensures funded projects stay on track through proactive reporting support, risk monitoring, and documentation oversight. And finally, we support companies in maximizing their R&D impact through Tax Deduction & Compliance service—ensuring eligible costs are recovered and aligned with regulation.

To date, we’ve secured over €22.8 million in grant funding and recovered €7.6 million in tax deductions for our clients. Our track record includes a 30% success rate for applications to the Icelandic Technology Development Fund—well above the national average of 18%—and a 97% success rate for R&D tax deduction submissions, compared to the typical 87%.

We work with startups and growing companies across all stages of innovation. This includes early-stage teams still shaping their idea, venture-backed startups ready to scale, and established businesses launching new R&D initiatives.

Founded and led by Thorunn Jonsdottir, Islandsdottir brings together deep technical experience with a high-touch, strategic approach. Our international team supports clients across Iceland and Europe with structure, insight, and calm execution so founders can focus on building.