Second round of Accelerate Sydney fund opens offering $60k for organisers

Applications to the second round of the Accelerate Sydney Business Events Fund have opened today.

Accelerate is designed to stimulate the return of business events across Greater Sydney, Newcastle and Wollongong and offers organisers up to $60,000 in matched funding for business events held between July 2022 and June 2023.

Designed to offset venue costs to the organiser, applicants can be based anywhere in the country, as long as their business event will take place over at least one full day in an eligible venue in Greater Sydney, Newcastle or Wollongong.

“This round of Accelerate funding will support the battle-hardened business events and tourism sector and accelerate economic recovery as we enter the 2022-23 Financial Year,” NSW Tourism Minister Stuart Ayres said.

“Now is the time for us all to invest in reconnecting with colleagues and peers, to bring people back together, back to our cities and back to the office.”

Business Events Sydney CEO Lyn Lewis-Smith said business events “have a significant role to play to drive economic recovery” for the city and state.

“No matter where you’re based in Australia, the Accelerate program provides a great incentive for you to book your next COVID Safe business meeting in Sydney and the surrounding cities,” she said.

Applications for round two of Accelerate close on 29 April 2022.