Rural communities in Iceland rely on natural resources for their economic development. As work with natural resources is generally more physically demanding, industries with a masculine connotation became the dominant sectors in these regions. Research needs to shift its focus towards a more feminist analysis of the development of resource-dependent towns or rather, in this case, fishing villages. Even though the field is changing, women in innovation are still widely underrepresented, and research is still needed for the causes of that underrepresentation. This research will take place as a case study of the Westfjords region in Iceland. This study will analyse the experiences of female innovators in the case area and explore, how concepts and tools of enhancing the innovativeness of a region need to be analysed in order to include women and meet their challenges in the innovative process. Concepts of an innovative region will be questioned and the iceberg model of diverse economies of Gibson-Graham (2006) will be applied. The aim is to add a female perspective with the help of the knowledge and experiences from the interviewees. The paper is based on qualitative research with 8 female innovators from different communities in the Westfjords, who shared their experiences and the challenges of their everyday life as innovators in the case region. The findings of this thesis show that the multiple roles of women in the case area are still defined by very traditional role allocations. As they are supporting alternative but valuable elements of the local economy, they see the change they are bringing to the communities, but also experience, that in the bigger picture of regional economic development, their achievements are not valued.