Eyjafjordur Business Development Agency is a cooperation of seven municipalities in Eyjafjordur. EBDA is foremost in the business development in the area, with the main goal of increasing employment opportunities, strengthening economic growth, furthering variety of jobs, creating favourable conditions for new projects and making the area a desirable alternative for residential choice.

The aim is to see corporations taking advantage of the service available, to promote the innovation and research activities related to the University of Akureyri and other research institutions in the area. The Eyjafjordur area becomes a desirable place for living by forming a powerful core of growing companies in diverse sectors of the economy.

EBDA works in close cooperation with banks, companies and individuals to facilitate business startups and secure funds and facilities for a successful cooperation, international and domestic.