Increased Support for Iceland’s Tourist Industry Skip to content

Increased Support for Iceland’s Tourist Industry

The Ministry of Industry has decided to disburse ISK 100 million (USD 888,000, EUR 688,000) from the 2006-2009 regional development scheme to support the development of Iceland’s tourist industry and further strengthen the industry’s development in the countryside.

Tourists in west Iceland. Snaefellsjökull glacier in the background. Copyright: Icelandic Photo Agency.

The grant is divided into two categories, reports.

ISK 30 million will be used for improving information distribution, beautifying the environment, establishing service centers and reception facilities at harbors for visitors who arrive to the country with cruise ships.

ISK 70 million will be granted to innovation in the tourism sector; the development of new products or services that draw attention to regions that haven’t been frequented by tourists until now.

Tourism companies can apply for grants from the Ministry of Industry until March 6. It is necessary that all projects create employment opportunities for the areas in question.

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