
The Design Fund allocates grants to diverse projects in the field design and architecture in Iceland: development, research, production, marketing and travel.
The role of the Design Fund is to promote innovation and value creation in the field of design and architecture with financial support and advice, and facilitate promotion and marketing abroad that enhances the export of Icelandic design.
The Design Fund adheres to the Ministry Culture and Business affairs, and its annual balance is determined by parliament.

APPLICATION DEADLINE 2025
General grants and travel grants
November 12th 2024 – January 29th 2025
Allocation March 4th 2025
General grants and travel grants
March 6th 2025 - September 17th 2025
Allocation October 15th 2025
Development and research grants
are intended to support research and the development of new ideas or solutions. A project which has already received a development and research grant has a possibility of receiving a project grant at a later stage.
Project grants
are intended to support new ideas or solutions which have been developed and shaped and have reached implementation or production stage. A project that has received a project grant has the possibility of receiving a marketing and communications grant later.
General grants can be maximum 10 million ISK each.
Travel grants
are intended to support designers and architects in taking part in international cooperation and promotional projects, exhibitions, events, conferences or business planning. It is possible to apply for a travel grant for one individual or more for the same trip. Thirty travel grants altogether will be awarded for the amount of 150.000 ISK each.


