Mentanarvirðisløn Landsins (Faroese Cultural Prize) has been awarded by the Faroese government to Faroese writers, musicians, artists etc. since 1998. In 2004 no award was given. From 1998 to 2000 only one award was given, but in 2001 they established an additional award, half as big as the original.
The prize is awarded by a board appointed by the Ministry of Culture. The board also gives additional special awards of 50.000 Danish Koroner and/or so-called sømdargávur or Sømdargáva landsins (grants), given as a lifelong annual grant of DKK 20 000. The main award, Mentanarvirðisløn landsins, is DKK 150.000, and the heiðursgáva landsins (award of honour) is DKK 75.000 koroner.
In 2011 the awards were announced in December, with the next awards announced on 15 January 2013, which was William Heinesen's birthday. This was also the first time that the event was held in Klaksvík, being announced in Spaniastova and broadcast live on national Faroese radio.[1] The following year the prizes were handed out on 15 January in Stóra Pakkhús (The Large Storage House) in Vágur.
^Nordlysid.fo Archived 2 February 2013 at the Wayback Machine Spaniastova karmur um Mentanarvirðisløn Landsins
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