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Kraumur Music Fund is an independent Icelandic music fund and operation established by the Aurora Charity Foundation in the beginning of 2008 "to strengthen Icelandic musical life, primarily by supporting young musicians in performing and presenting their works."
Among its board of advisers are artists Björk, Mugison, and Kjartan Sveinsson former member of Sigur Rós.
KRAUMUR’S ADVISORY BOARD

Árni Matthíasson, journalist
Björk
Elísabet Indra Ragnarsdóttir, radio show host at Iceland National Radio 1
Guðni Tómasson, chairman of the board of directors, The Iceland Symphony Orchestra
Kjartan Sveinsson, musician
Mugison, musician
Sigtryggur Baldursson, director of Icelandic Music Export (IMX), and a founding member of the Sugarcubes
Kraumur runs a small office in Reykjavík, Iceland, from where it works on strengthening the position of young musicians in Iceland through direct grants, professional assistance and various forms of cooperation. Kraumur has worked with and supported artists like Mugison, amiina, FM Belfast, pianist Víkingur Ólafsson, Ólöf Arnalds, Of Monsters and Men, múm, Sólstafir, Retro Stefson, Anna Þorvalds and Dikta.