Outstanding Cluster Projects in 2014

Three projects within the Iceland Ocean Cluster recently received recognitions for outstanding success in 2014. These recognitions are intended to encourage cluster cooperation of businesses in product development, marketing, sales and other areas. The projects...

Herberia completes seed-financing round

Herberia, a pharmaceutical company at the Ocean Cluster House, secured its first seed-financing round last week. The investment was secured from Einvala Finance but the investors have been following Herberia since the pharmaceutical company participated in Startup...

Polar receives funding from Horizon 2020

Polar has been granted a fund from Horizon 2020 for it´s project of Poseidon remote controllable trawl doors. Polar was one of 178 companies from over 2000 applicants who was granted the fund. The fund will be used for feasibility and commercial potential study for...
Record number of students in marine studies

Record number of students in marine studies

An increased number of students is enrolling in marine related studies in Iceland. Registrations have never been as high with a 12% increase in enrollments from the previous year in 10 different programs. A record was broken in fisheries science at the University of...

Ocean Industries Generate 25-30% of GDP

A new report, published by the IOC, describes the economic importance and performance of the Icelandic ocean industries in 2013.According to the report, the fisheries sector and its spin-off industries generate 25-30% of Iceland’s production (GDP). Furthermore, last...