We provide the setting, so you can grow your idea. Everything you need in one place.

All budding entrepreneurs welcome

Welcome to Hugskotið. As a resident of Hugskotið you and your business become part of a community and a network, which is invaluable as you ready yourself and your business to launch on the market.

Hugskotið offers the perfect conditions to thrive with a place to work, guidance and advice, in addition you get to bounce ideas back and forth with other budding entrepreneurs in Faroese business.

All this at a very reasonable cost. We look forward to accompanying you and your company on your journey.

Businesses in-house

Businesses grown on

Accelerator participants

Businesses in total

We are Hugskotið

The purpose of Hugskotið is to foster the development of a diverse business community in Tórshavn Municipality by offering entrepreneurs the best conditions with scope for inspiration, creativity and innovation. Show more.

Sóley H. Hammer
Sóley H. Hammer


Tel. (+298) 289333

Súsanna Laursen
Súsanna Laursen


Tel. (+298) 213326



Tel. (+298) 222325