Bid Fund Program gets $3m boost

Tourism Australia has announced a further commitment to the Bid Fund Program with an additional $3 million to cover new pledges and confirmed bids for an additional 12 months through the next financial year.

“With Covid-19 restrictions lifting and consumer confidence rising, this program will continue to assist those bidding against international competitors for events and continue to position Australia as a leading business events destination,” Tourism Australia managing director Phillipa Harrison said.

Tourism Australia has also announced a further $1 million in funding for the Business Events Boost Program.

“Given the positive feedback that we’ve received from industry about the Business Events Boost Program, we felt it was essential to provide additional funding so that industry can continue to access support while demand for domestic business events increases,” Harrison said.

Applications will open May 3 for projects and activity taking place before 30 June 2022. Applicants will need to apply before the upcoming deadline of 30 June 2021, with applications taken through the Business Events Australia website.