Last week, the Australian Government announced it will provide $50 million to stimulate Australia’s conference industry.
We’re awaiting further details about this grants program however, our understanding from discussions with the Business Events Council of Australia is that funding will cover face-to-face conferences for the 2021 calendar year.
Approved business events, including meetings, conventions, incentives, and exhibitions held in 2021, will be able to apply for upfront grants to cover up to 50 percent of costs (between $10,000 and $250,000).
A key feature of the grant is that it will still be given to conferences that must convert to a virtual/online format due to COVID-19 in 2021; in fact, hybrid events are likely to be encouraged.
We’ll be keeping an eye out for updates about the program and details regarding the application process as they are announced. This is an extremely positive announcement which will open the way for you to re-energise planning for 2021 events with confidence.
If you have any questions or would like to chat about your conference, please get in touch.
p: +61 3 6231 2999