3.10 Promotion of entrepreneurship culture
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Icelandic Startups hosts the The Golden Egg business plan competition for entrepreneurs to make a first impression with their business plan and is an ideal platform to transform a business idea into a real start-up. The organization has been involved with hosting the Startup Weekend, which is powered by Google for Entrepreneurs, where people can learn how to start up their business in 54 hours, including connecting with fellow entrepreneurs and learning from experienced innovators. Additionally, Icelandic Startups offers short 30 minute meetings for free, where entrepreneurs can discuss their ideas and receive expert advice on potential next steps in the process.
Each year, Innovation Center Iceland and The Ministry of Education, Science and Culture host an innovation competition for compulsory schools in Iceland for students in the 5th – 7th grade (10 – 12 year olds). The aim of the contest is to increase the level of innovation in compulsory schools and spark a widespread interest in the innovation of young people.
There are no measures or initiatives organized at the top-level in terms of networking and partnerships and are specifically aimed at young people.