Húsavík Academic Centre is a centre for lifelong learning, higher education, research and innovation. The institution operates as a non-profit organisation, funded by its own income and operating agreements with the government. The focus of all areas of activity is on providing regional services to businesses and individuals within the extensive service area of the Þingeyjarsýslur counties of Iceland.

Húsavík Academic Centre is a unified umbrella organisation that operates various departments in one organisation, which elsewhere in the country are run independently. The organisation runs a centre for continuing education, a knowledge centre that provides research and higher education services, and an innovation centre with FabLab workshop. In all cases, the organisation is an active participant in the national collaboration of these units.  

The first seeds of Húsavík Academic Centre's activities were sown in 1999 with the establishment of a centre for lifelong learning, named the Fræðslumiðstöð Þingeyinga. Research and higher education services began in 2003 with the establishment of Þekkingarsetur Þingeyinga, but these units were merged shortly afterwards under the name of Þekkingarnet Þingeyinga/Húsavík Academic Centre.  

Húsavík Academic Centre has been leading collaborations between institutions, businesses and individuals to create workplace clusters in areas of expertise. The organisation led the formation of the STÉTTIN workplace cluster in Húsavík and played an active role in the formation of KISTAN in Þórshöfn and GÍGUR in Mývatnssveit.