Íslandsbanki supports selected projects that strengthen society and protect the environment by supporting individuals, NGOs and companies that promote positive societal development.

Strengthening the economy

Íslandsbanki is committed to strengthening and developing the economy by focusing on sustainability in the fisheries sector and renewable energy sources. The bank supports entrepreneurship, e.g. through Íslandsbanki's Entrepreneurship Fund

We support the following funds and organisations:

  • Entrepreneurship Fund
  • The Icelandic Tourism Cluster Initiative
  • The Iceland Geothermal Cluster network
  • Iceland Ocean Cluster
  • Association of Women Business Leaders in Iceland
  • Women in the Seafood Industry


Íslandsbanki supports projects that promote financial knowledge, education and training. The Bank provides annual scholarships to outstanding students and also offers accessible and interesting educational meetings to increase knowledge, skills and interest in finance.

 The Bank supports the following:

  • Íslandsbanki Scholarships
  • Artic Circle
  • Íslandsbanki Motivation
  • Programmers of the future
  • Vilborg Arna Gissurardóttir
  • Suðurnes Primary Mathematics Competition


Íslandsbanki supports numerous charities through fundraising on the website and the bank's staff are also encouraged to help the causes supported by the Helping Hand initiative during working hours. 

The Bank supports the following charities:

  • Islandsbanki Reykjavik Marathon Sponsorship
  • National Association of Senior Citizens

Sports, youth work and prevention

Íslandsbanki supports general public health, both physical and mental. The Bank supports sports and youth activities to benefit children and young people all over the country with grants from the Bank's branches. 

The Bank supports the following:

  • The Reykjavík Marathon
  • Golf Achievement Fund
  • What if
  • The Games of the Small States of Europe 2015
  • Special Olympics
  • The Golf Union of Iceland
  • The Westman Íslands Run
  • The Fossavatn Walk
  • Running festival in the Westfjords

Environmental issues

Íslandsbanki supports projects on environmental issues. All grants are provided through the Ergo Environmental Fund. The aim of the fund is to encourage innovation and development in the field of environmental issues.

Environmental Fund

The Ergo Environmental Fund provides annual grants for various entrepreneurial projects, focused on traffic and environmental issues. This is Ergo's way of contributing to the development of future solutions in the field of transport and the sustainable utilisation and protection of natural resources.

Applying for a grant

Íslandsbanki supports selected projects that reinforce and strengthen society and protect the environment by supporting people, NGOs and companies that promote positive societal development.

 Some things to consider before applying for a grant:

  • The Bank does not cover domestic or international travel costs for associations, companies or individuals.  
  • The Bank does not support political organisations, nor does it support any individual candidates, neither associations nor individuals 
  • The Ergo Environmental Fund offers grants for environmental issues 
  • Íslandsbanki helps charities by sponsoring the website. Íslandsbanki's sponsorship committee encourages other charities in the country to ask runners to run for their cause in the Íslandsbanki Reykjavík Marathon and to seek sponsorship via the website.

Sponsorship requests can be sent to:

We receive a large number of applications every year and we are unable to respond to all of them. If no response is received within 5 weeks, then your request has unfortunately been rejected.