Vilborg has a MSc in Management and Strategy from the University of Iceland and the University of Commerce in Aarhus in Denmark and a B.Ed. from the Iceland University of Education. She is a Co-Founder and former CEO of InfoMentor.
Vilborg has extensive experience from both the education sector and the business community. She is a board member at Klappir and the University of Iceland, former board member of Promote Iceland, Icelandic Technology Fund and Federation of industries. Vilborg has received various awards. She has e.g. been selected "Top 18 - The Brightest Business Minds in Northern Europe" (Nordic Business Forum), honoured with the Icelandic Order of the Falcon and has been elected Business Woman of the Year in Iceland.