A new initiative aims to support the Icelandic music industry by offering a 25 percent reimbursement for recording costs on music captured in Iceland.

Producers – legally, “an individual, a group of individuals, or a legal entity that is financially responsible for the production of a phonogram” — can apply for reimbursement from the State Treasury for one-quarter of the costs incurred in the recording of music in Iceland, through a simple and efficient reimbursement application.

Iceland is a creative hub, and a home to skilled musicians; arrangers and producers experienced with  film scoring; world-class recording facilities and music producers; and inspirational surroundings. The country is easily accessible, with daily flight connections to most major hubs on both sides of the Atlantic. Will Oldham, Kanye West, Ladytron, The Fall, and Damien Rice, among others,  have chosen to record there, and the country has fostered such world renowned artists as Björk, Sigur Rós, and Of Monsters and Men.

Information on the requirements, and the application process, can be found on the Ministry of Industry and Innovation’s website, accessible via www.recordiniceland.com.