There are two ways in which filmmakers in Iceland can seek
official financial support:
- by applying for grants from the Icelandic Film Fund, run by the Icelandic Film Centre.
- by applying for reimbursement for 25% of production costs incurred while filming in Iceland.
Further, Iceland is a member of the Creative Europe - MEDIA program of the European Union, of Eurimages, the European fund of the Council of Europe based on the European Convention, and the Nordisk Film & TV Fund. Iceland is also party to an audiovisual coproduction agreement with Canada and bilateral coproduction agreements with Britain and France.