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.


General grants and travel grants

December 1st 2023 to February 21st 2024
Allocation March 21st

General grants and travel grants

April 2nd to September 19th
Allocation October 17th

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.