The prize money is equally shared among a film's director, scriptwriter and producer; last year it went to Swedish director Josef Fares' Zozo (2/3 to Fares as director and scriptwriter, 1/3 to producer Anna Anthony, of Memfis Film).
Danish entries include Peter Schønau Fog's feature debut, The Art of Crying, based on Erling Jepsen's novel, which won 17 international prize before its Danish premiere, and has been shortlisted for the European Film Award.
Morten Hartz Kapler's mockumentary, AFM, depicting the fictitious assassination of Denmark's state minister by his homosexual lover, was awarded in Rotterdam's Tiger Awards competition.
Finland is represented by Aleksi Salmenperä's A Man's Job, which won the Golden Moon in Valencia, and is a candidate for the European Film Award.
The follow-up to Salmenperä's Producing Adults, the film follows Juha, a married father-of-three, who is fired from his job, but decides to tell nobody, and starts working as a male escort/prostitute.
Also vying for the European Film Award, Icelandic director Ragnar Bragason's Children is part of a double bill (the other half is Parents), which he co-wrote with his cast from the Vesturport theatre group.
Baltasar Kormakur's Jar City, which won the Crystal Globe for Best Film in Karlovy Vary and has just been licensed to the US, sold 80,000 tickets domestically and has accordingly been seen by a third of the country's population.
Norwegian contenders are both first features, Joachim Trier's Reprise and Erik Richter Strand's Sons.
Reprise scored hat-trick at the national Amanda awards, winning for Best Film, Director and Script.
It competes for the European Film Award as well as for the People's Choice Award. Dealing with the difficult subject of paedophilia, Sons has bagged - among others - the Rainer Werner Fassbinder Award in Mannheim-Heidelberg and the Grand Jury Prize in Seattle.
Also Sweden's nominations are for feature debuts, Jesper Ganslandt's Falkenberg Farewell and Johan Kling's Darling.
Considered for four Gullbaggar, the national film prize, Falkenberg Farewell is a runner-up for a European Film Award nomination. Darling - a further development of Kling's short film, I, about 'not very sympathetic people who are not very clever' - won the Nordic Film Prize at the Gothenberg International Film Festival.
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