The ‘Icelandic Literary Prize‘ (Icelandic: Íslensku bókmennta verðlaunin), or ‘Icelandic Literary Award’, is an award which is given to three books each year by the ‘Icelandic Publishers Association’. The prize was founded on the association’s centennial in 1989. One award is for fiction or poetry, one for children’s books and one for academic and non-fiction works: five books are nominated in each category and, once the books have been nominated, the Icelandic Publishers Association appoints a selection committee which chooses the winners. Although the prize itself is not awarded until January, each year’s nominations are publicized at the beginning of December: in this way these books receive a great deal of marketing, as nominations come in the middle of the Christmas book flood. Read more on Cityofliterature.is