Reykjavik Science City, Gróska business growth center

Survey of Growth Companies

Business Iceland's annual survey

Reykjavik Science City

Survey of Icelandic Growth Companies

Business Iceland conducts an annual survey of Icelandic growth companies to understand the current needs of these businesses better and their vision for the future. For the purpose of this survey, growth companies are defined as scale-ups that have conducted business abroad or acquired financing to enter new markets. The second annual survey predicts continued growth in the sector during 2022, and plans are to hire over 800 new employees. The companies surveyed met or surpassed growth goals outlined in the 2020 survey. 71% of the companies expect further growth in 2022. The 2021 survey was conducted from 15 December 2021 to 21 January 2022.