April 27, 2021 | By Bronwen Largier
Business events planners can now apply for funding for events in Sydney, Wollongong and Newcastle through Business Events Sydney and its $5.5 million Kickstart 2021 Sydney Business Events Fund.
The fund is offering $50 per delegate for single day events and $100 per delegate for events over two days. Business events of between 50 and 900 delegates are eligible with total funding per event of up to $90,000, making it one of the most generous funds currently available in Australia.
Applications opened yesterday and close on May 31 or when all available funding has been allocated. Events must take place by the end of the calendar year.
NSW Minister for Jobs, Investment, Tourism and Western Sydney, Stuart Ayres said, “We’re helping the event owners, businesses, local tourism organisations, councils and industry groups that need it most by stimulating activity now and creating a pipeline of events and visitors into the future.
“The business events industry is a powerhouse of the NSW visitor economy because it attracts high yield visitors who stay multiple nights, and these events engage many industry partners from accommodation and catering to staging, AV and other event delivery services.”
BESydney CEO Lyn Lewis-Smith echoed the Minister’s sentiment.
“Business events and the venues that support them are vital not only to the NSW tourism industry, but the economy as a whole. This funding will help keep venues open and create job opportunities for tourism and hospitality workers, and associated businesses,” she said.
“This funding will provide a vital kickstart for our industry. The need and appetite for companies to reconnect and get back to business is clear. The funding will help attract events back into our cities and provide the confidence for businesses now to confirm their in-person meetings.”
Beyond conferences and incentive events, seminars, training courses, marketing events, product launches, company general meetings, corporate retreats and several other event types are eligible for funding.
Funding must be spent on venue costs which include AV and catering and event owners must match the contribution of the fund dollar for dollar.
Events do not need to be booked via a Business Events Sydney member, but must be booked at a venue that is publicly available for hire.
Business events in other regional locations in NSW can apply for funding through the NSW Regional Business Event Development Fund managed by Destination NSW, although applications for that close this Friday. Events of over 900 delegates for Sydney should contact Business Events Sydney directly to discuss funding options.
For more information, visit meetinsydney.com.au.
Image: Tourism Australia