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Are you eligible for the new Business Events Grant?
3 February 2021 | Minutes to read: < 1

Are you eligible for the new Business Events Grant?

By William Buck

Eligible businesses can receive $10,000 in funding per application, up to a maximum of $250,000, as part of the Government’s Business Events program, if they apply before 30 March 2021.

The program will fund eligible Australian businesses to participate as buyers or sellers at conferences, conventions and exhibitions in government priority areas from 1 January to 31 December 2021.

The Federal Government has said it aims to ease financial pressure for business event organisers, including the tourism industry, and to incentivise Australian businesses to participate in pre-approved events.

It will also assist in covering cancellation costs that may arise due to COVID-19 outbreaks.

Eligibility criteria

To be eligible, you must have an ABN and be:

  • a sole trader
  • a partnership
  • a company, incorporated in Australia
  • an incorporated trustee on behalf of a trust
  • an Industry Association promoting the selling or buying of a product or service on behalf of its members.

Applicants must intend to register as a buyer or seller at one or more of the events on the Schedule of Approved Business Events, that you can find on the Business.gov.au website here.

You must have a minimum of $20,000 in total eligible project expenditure and be able to provide evidence that the project is supported, that you can complete it and meet the costs that aren’t covered by grant funding.

How to apply

Submit your application online through the business.gov.au portal, ensuring you’ve read the guidelines and sample grant agreement first.

The program is demand driven and will be open until all funding has been allocated.

Please contact your local William Buck adviser for more information.

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