The New Business Venture Fund is an evergreen investment fund that actively contributes to the development and growth of the Icelandic economy by investing in promising innovation and start-up companies.

The Fund invests mainly in companies that are likely to provide added value and profitability for Icelandic society as well as being a good return on investment.

The Fund uses its profits from its sales of holdings to invest in innovation and start-up companies as well as to follow through with growing companies that are already in its portfolio.

25 years and 200 companies

The New Business Venture Fund is a state-owned investment fund intended to strengthen and develop the Icelandic venture capital market along with promoting startups and businesses in Iceland thus encouraging economic growth.