Hackathons are fairly common in Silicon Valley and while they’re starting to pop up in pockets around the world, Iceland may not be a place that immediately comes to mind when you think of start-up geek fests. Reykavik, Iceland’s largest city and home to two thirds of its 320,000 people, recently held a Hackathon in conjunction with Start-Up Iceland, an event committed to helping local entrepreneurs build a thriving start-up ecosystem in the country. Started by serial entrepreneur, angel investor and Greenqloud CEO Bala Kamallakharan in 2012, Start-Up Iceland has not only grown in size in just one year, but attracted top notch angel investors from the states, as well as European and American entrepreneurs and thought leaders. TechCrunch’s John Biggs presented, as did American venture capitalists Brad Burnham from Union Square Ventures and Foundry Group’s Ryan McTyre and Jason Mendelson. To top that list, Iceland’s US Ambassador Luis E. Arreaga and the country’s President Olafur Ragnar Grimsson thought the event was important enough to show up to address the more than 300 attendees at the beautifully designed conference center HARPA in the city center. In true start-up conference style, the event kicked off with an UnConference led by Joshua Kaufmann and a Hackathon, held at the University of Reykjavik, where geeks gathered together to cook up some innovative ideas. The Hackathon was free and open to students, hobbyists, professionals and frankly anyone who likes to hack on cool code and be creative. Startup Iceland Hackathon participants were asked to create and present hacks around the central idea that the world is undergoing drastic cultural, climate and economic shifts that impact global business. As the founding organizers mission suggests: “Strengths lie not within avoiding catastrophe but in planning and mitigating problems before they arise. We can accomplish this by understanding…