Iceland the First Internet Enterprise Zone

May 23rd, 2012 § 1 comment

iceland

iceland (Photo credit: osmium)

Iceland the First Internet Enterprise Zone

Iceland has a unique opportunity to lead the world by defining a Internet Enterprise Zone, Brad Burnham of Union Square Ventures defined this term to me while he was in Iceland. What do we mean by this IEZ? We mean a Policy framework focused on allowing innovation in the Internet space.

via: blog.startupiceland.com

I recently visited Iceland (again) and had a privilege to meet some of young entrepreneurs there. The amount of startups and interest in
entrepreneurship is amazing, specially if you consider that the whole country is the size of Ljubljana, Slovenia Capital.

The locals told me that the financial crisis hit everyday people pretty badly, specially because they actually weren’t doing anything wrong –
normal people were as scrappy as you’d expect from a scandinavian. They have also been very resourceful throughout history, probably a result of
harsh weather and soil conditions.

Oh, and every citizen has Facebook profile, which makes them super efficient at forming a new constitution. The rest of us should observe and learn.

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