The $36 billion business events sector significantly contributes to the tourism industry and plays a vital role in supporting the connection of businesses through tradeshows and conferences; unlocking widespread collaboration and generating jobs and opportunities across metropolitan and regional communities. They are also a significant platform to attract foreign investment and talent flows to Australia.
Business Events Grants program
The Business Events Grants program closed on 30 March 2021 and received 1729 eligible applications requesting over $56 million in funding. The program’s $50 million in funding has been fully exhausted with more than 1500 applicants awarded funding. All successful applicants have now been advised.
The Australian Government is currently considering options regarding the program including in relation to eligible applicants who did not receive funding due to the program allocation being exhausted as well as potential new applications under a program extension.
An update regarding the Government’s decisions will be made as soon as possible.
On 11 September 2020, the Australian Government announced the $50 million Business Events Grants program. As part of the $1 billion Relief and Recovery Fund, the program provides assistance to industry sectors, regions and communities disproportionately affected by the economic impacts of COVID-19.
The program aims to boost confidence within the business events sector which saw nearly 100 per cent of business events in 2020 cancelled or postponed due to COVID-19. The Government’s priority is to support the recovery of the business events sector and the supply chain that relies on in-person event - including caterers, accommodation, transport providers and event hosting companies.
The Business Events Grants program will complement Tourism Australia’s business events programs.
If you have a question regarding grant applications, eligibility or the program guidelines, please contact the Business Grants Hub by phone on 13 28 46.
Questions regarding the Schedule of Approved Business Events or the EOI process should be directed to the Program Delivery team by phone on 1800 048 155 or email BEgrants@austrade.gov.au