The Icelandic government and Múlaþing municipality have launched a three-year programme for developing the Seyðisfjörður economy, since it faces a variety of problems following last December’s mudslides. For its part, the national government is providing ISK 215 million.
The programme includes a fund for the development of employment opportunities and innovation, consulting for small businesses and the self-employed, information for visitors to Seyðisfjörður and education and activity resources. The programme will also include a scenario analysis and explore further possibilities relating to damages, access to finance and development of business facilities.
The aim of the Incentive Fund is to support innovation and the development of employment opportunities, as well as meeting the needs of employers and individuals in businesses in the community who face operating difficulties. The Incentive Fund is open for applications from 30 March to 14 April 2021, for business and innovation projects. The fund will be focused on job creation, sustainability, use of local materials and visibility of the area.Application form and allocation rules
Consultation can include operational, legal and commercial aspects for dealing with immediate problems, as well as for strengthening the future of each business.Consulting
The project board for re-building Seyðisfjörður’s economy consists of two representatives of Múlaþing municipality, two representatives of Seyðisfjörður’s home government and one representative of Austurbrú. Austurbrú mangages the programme, and has assigned a project manager for administering it.