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Australia Announces AU$12m Business Events Bid Fund

Tourism Australia has launched a AU$12m national fund to support bids for new, high-value international incentive, association, and exhibition events. The announcement was made by Minister for Trade, Tourism and Investment Steven Ciobo in Melbourne. The fund allows Australia to compete more aggressively with destinations already operating bid funds. From CIM News Magazine…

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Northern Territory Competing for Meetings with Subvention Fund

Australia’s Northern Territory has launched a scheme called the Northern Territory Business Events Support Fund. Event organisers can apply for financial assistance of AU$100 per delegate up to a maximum of AU$50,000, with priority given to meetings that align with key knowledge sectors and whose participants are mostly from out of state. From CIM News Magazine…

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Advantage Events Abu Dhabi Fund Launched

Abu Dhabi has launched a fund to incentivise international, regional and local companies to enhance its events programme. Attracting more meetings is a key goal of the emirate’s Department of Culture and Tourism. The initial funding is AED10 million, with further tranches being made available as the scheme evolves. From CIM News Magazine…  

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South Africa: A Guide to the Subvention Fund

At Meetings Africa 2017 a R110 million subvention fund was announced, part of the South African Government’s R494 million tourism allocation for the next three years. It has already assisted organisers in bringing association meetings to South Africa. So who is eligible for this funding and how does one apply for it? From the Event…

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Meet in Ireland Announces Corporate Events Strategy

Meet in Ireland has announced new services and subvention – and a new strategy – for business events visiting its shores. The Corporate Supports Programme offers customised assistance – financial subvention included – and facilitates access for organisers to Ireland’s key knowledge sectors. Incentives can even explore film locations and sets seen in Game of Thrones and Star Wars. From Meetpie.com…

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Africa: The Event / The Iceberg Special Report

At Meetings Africa 2017, South Africa announced a bidding fund to target and win international association conferences and meetings. But subvention can be a mistake if not clearly linked to encouraging growth in key knowledge sectors. A special Event video report – produced in partnership with The Iceberg – explores the role the meetings industry will play in African economic development.

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Subvention and Demonstrating Legacy

Could the requirement of demonstrating wider legacies to receive the sweetener of subvention encourage event organisers better to measure outcomes for their own stakeholders? The Seoul Convention Bureau is now favouring applications for financial assistance from meetings committed to local sourcing and to improving the environment. From editor James Lancaster’s blog at Association Meetings International…

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