Music Fund
The role of the Music Fund is to promote Icelandic music according to the Music Act and the regulations of the Music Fund. The fund shall contribute to the promotion of Icelandic musicians and their music creation both domestically and internationally.
The Music Fund operates under the Ministry of Culture, Innovation and Higher Education and is managed by Iceland Music.
Inquiries regarding the music fund →
Application window is currently open.
Deadline is April 15 at 15.00
Travel grants are awarded every other month.
Deadlines are February 1, April 1, June 1, August 1, October 1 and December 1.
Grants
Music Grants
awarded from
creation and release department
Grants for composing, recording, releasing, and promoting music.
Grants for various types of music creation, production, and related marketing. Recording, publishing, composition, and arrangement fall under this category. The aim of the grants is to promote professionalism, innovation, and diversity in music, thereby enhancing the music scene in Iceland.
Project grant amounts:
500,000 - 3,000,000 ISK.
Performance Grants
awarded from
live performance department
Grants for domestic concerts and concert tours.
Grants for domestic concerts and related marketing. Grants are awarded directly to musicians and their representatives. The aim of the grants is to promote innovation and diversity in music, thereby enhancing the music scene in Iceland.
Project grant amounts:
250,000 - 3,000,000 ISK.
Amounts for long-term contracts:
1,000,000 - 6,000,000 ISK per year.
Business Grants
awarded from
development and infrastructure department
Grants for music projects such as music festivals, concert venues, business ideas in music, and startup projects.
Grants for associations and companies that are considered to be of significance for the development of the local music industry. The aim of the grants is to build a working environment for musicians, enhance the music industry in Iceland, and promote innovation and diversity in music. Focus is on supporting music companies that serve and work with musicians. Special attention is paid to ensuring that financial and marketing plans are thorough.
Project grant amounts:
500,000 - 3,000,000 ISK.
Amounts for long-term contracts:
1,000,000 - 6,000,000 ISK per year.
Marketing Grants
awarded from
export department
Grants to attract attention abroad.
Grants are awarded to projects that contribute to the promotion of Icelandic music in foreign markets and increase the chances of success outside Iceland. Grants are awarded to projects that are export-ready and special attention is paid to ensuring that financial and marketing plans are thorough. Applicants are also expected to collaborate with convincing foreign parties.
Project grant amounts:
500,000 - 2,000,000 ISK.
Travel Grants
awarded from
export department
Grants for travel to seek opportunities abroad.
Grants for artists and industry professionals who want to seek opportunities in larger markets, such as concert tours, trade missions, expos, and showcases. Grants are also awarded to composers for the premiere of their musical works.
Grant amounts:
75,000 ISK within Europe
100,000 ISK outside Europe.
Rating Scale
The grant committee evaluates applications based on the goals and priorities of each department. The board uses a standardised evaluation sheet based on the following factors:
40% Overall Project
The grant committee assesses whether the project is well-defined, interesting, contributes to diversity of the Icelandic music sector while aiming for excellence.
20% Applicant and Participants
The grant committee assesses how convincing the applicant and other participants are in achieving the set goals considering their professional and artistic background.
40% Budget, marketing plan & timeline
The grant committee assesses whether the budget is convincing and accurately portrays the project's financial needs with realistic income and costs.
The grant committee assesses whether the marketing plan is realistic and well-considered, on factors such as the targeted market and the required funding. Further, it needs to be clear who is responsible for executing the marketing plan.
The grant committee assesses whether the work and time schedule are realistic, clear, and consistent with other plans.
Applications will not be considered if final reports or progress reports have not been submitted to the application system for projects that received funding in 2022 or later. This applies to applications from the "old" Music Fund (Tónlistarsjóður) and Recording Fund (Hljóðritasjóður), but not the Export Fund (Útflutningssjóður).
Long-Term Contracts
Available under Performance and Business Grants.
Applicants can apply for a long-term contract for two or three years for their projects.
A long-term budget must be submitted. The amount applied for is on an annual basis; for example, if 1,000,000 ISK is applied for, that amount should be expected annually.
The budget for the first year should be detailed and is the one entered into the application form. A long-term budget for the entire period should be submitted as an attachment.
If the grant committee decides not to award a long-term grant, the application will also be considered for a single project grant.
When evaluating applications for long-term contracts, the following factors are considered:
- Is the project important for the Icelandic music sector
- Does the project contribute to the development of the Icelandic music industry?
- Is the project approached professionally, and are former performance reports convincing?
- Have previous grants been well used?
- Does the project have a sustainability policy on matters such as equality, diversity, and the environment?
Music Fund's Logo
Fyrri úthlutanir
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Spurt og svarað
Should I declare other income or grants for the projectin the budget?
Það er alltaf jákvætt að sýna fram á aðrar tekjur og/eða styrki sem fást fyrir verkefnið og það dregur ekki úr virði umsóknarinnar svo lengi sem sýnt er fram á sannanlega fjárþörf verkefnis.
Budget and Long-term Agreements
Þegar sótt eru um langtímasamninga miðast fjárhagsáætlun í umsóknarformi einungis við fyrsta árið. Ítarlegri fjárhagsáætlun fyrir allt tímabilið skal skilað sem viðhengi.
Grant Period
Að öllu jöfnu þurfa verkefni að hefjast innan 18 mánaða eftir að úthlutun fer fram, sbr. 9. gr. í reglum Tónlistarsjóðs. Ef að spurningar vakna varðandi verkefnatímabil hvetjum við umsækjendur að hafa samband við Tónlistarmiðstöð.
Reports
Skýrslum (áfanga eða loka) er skilað í gegnum mínar síður Rannís. Ef við á birtist valkosturinn "skýrslur" á mínum síðum notanda sem ber ábyrgð á að skila skila skýrslum verkefnis. Hafið samband við Tónlistarmiðstöð ef skýrsla birtist ekki á mínum síðum.
Where do I apply?
Sótt er um Tónlistarstyrki, Flytjendastyrki, Viðskiptastyrki og Markaðsstyrki Tónlistarsjóðs í gegnum umsóknargátt Rannís. Sótt er um Ferðastyrki á vef Tónlistarmiðstöðvar.
Application Deadlines
Umsóknarfrestir fyrir Tónlistarstyrki, Flytjendastyrki, Viðskiptastyrki og Markaðsstyrki Tónlistarsjóðs eru maí og nóvember árlega og staðfestir umsóknarfrestir eru auglýstir á miðlum Tónlistarmiðstöðvar og Menningar- og viðskiptaráðuneytis. Umsóknarfrestur fyrir Ferðastyrk Tónlistarsjóðs er fyrir miðnætti aðfararnótt 1. febrúar, 1.apríl, 1.júní, 1.ágúst, 1.október og 1. desember.
Whatis Rannís ́s role?
Tónlistarmiðstöð notar umsóknar- og matskerfi Rannís við umsýslu Tónlistarsjóðs samkvæmt samningi milli Menningar- nýsköpunar og háskólaráðuneytisins og Rannís.
Whatis the role of allocation committees?
Úthlutunarnefndir Tónlistarsjóðs eru skipaðir af Menningar- nýsköpunar og háskólaráðuneyti. Úthlutunarnefndir eru fjórar, ein fyrir hverja deild Tónlistarsjóðs. Þrír aðilar sitja í hverri nefnd og þrír varamenn. Úthlutunarnefndir fara yfir og meta umsóknir samkvæmt Tónlistarlögum, reglum og áherslum Tónlistarsjóðs.
Whatis Iceland Music’s role in relation to the Music Fund?
Tónlistarsjóður heyrir undir Menningar- nýsköpunar og háskólaráðuneytið og er í umsýslu Tónlistarmiðstöðvar samkvæmt lögum frá maí 2023. Miðstöðin hefur umsjón með sjóðnum og er verkefnastjóri á vegum Tónlistarmiðstöðvar tengiliður við umsækjendur, Rannís, ráðuneyti og úthlutunarnefndir. Verkefnastjóri boðar úthlutunarnefndir á samráðsfundi til að fara yfir umsóknir og situr þá fundi sem hlutlaus aðili og fundarritari.
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