Mentor ehf. received the “Growth Spurt 2009” award from the Federation of Icelandic Industries (SI) last week, a recognition for being the fastest-growing Icelandic start-up company. This award also went to Mentor in 2008.
Minister of Industry Össur Skarphédinsson is in the center of the picture. Mentor’s founder and managing director, Vilborg Einarsdóttir, is standing to his right.
Mentor increased its turnover by almost 160 percent between 2007 and 2008, according to a SI press release. The award was granted by Minister of Industry Össur Skarphédinsson.
Other nominees were Naust Marine, Gogogic and Saga Medica, which were presented with commendations. Also at the same occasion, the Icelandic branch of Nimblegen Systems was taken into the premiere league of Icelandic high-tech companies.
SI recognizes start-up companies as such once their annual turnover exceeds ISK 1 billion (USD 7.9 million, EUR 5.9 million) and effectively ceases being start-ups. The last company to achieve that goal was CCP in 2006, the developer of EVE Online.
Mentor is an IT company which specializes in providing schools with solutions, information and services for better communication and better performance of school staff. The company also operates in Sweden and is about to branch out to England and Switzerland.