In 2008 an international consultation group was appointed, funded by a grant from the Swedish Riksbankens Jubileumsfond (Bank of Sweden Tercentenary Foundation) to advise the board of Vigdís Finnbogadóttir Institute board regarding the international language centre.

The group comprised: Anju Saxena, professor of linguistics at the University of Uppsala; Bernard Comrie, director of the Department of Linguistics at the Max Planck Institute in Leipzig, now professor of linguistics at the University of California, Santa Barbara; Jens Allwood, professor of linguistics at the University of Gothenburg; and Professor Peter Austin of SOAS, University of London.

A further grant from the Foundation in 2014 enabled the group to bring more scholars on board: Professor Anne Holmen of the University of Copenhagen, director of Center for Internationalisering og Parallelsproglighed (CIP, Centre for Internationalization and Parallel Language Studies); Lars Borin, professor of linguistics at the University of Gothenburg and director of Språkbanken (the Swedish Language Bank); and Henriette Walter, emeritus professor of linguistics at the Université de Haute-Bretagne and director of the phonological laboratory at the  Sorbonne.