BECA backs Australian government's A$50m move
- MICE News
- Friday, 11 September 2020
The Business Events Council Australia (BECA) has welcomed the government’s A$50 million funding to support Australia’s business events industry.
Under the Australian Business Events Grants Program, approved business events, including meetings conventions, incentives and exhibitions, will be able to apply for upfront grants to cover up to 50 per cent of their costs (between A$10,000 and A$250,000). This initiative is part of the government’s A$1 billion Covid-19 Relief and Recovery Fund, which supports sectors severely affected by the Covid-19 pandemic.
Last year over 480,000 business events were held in Australia and over 43 million people attended a business event in the form of a meeting, convention, exhibition or incentive event.
In a recent survey conducted by BECA, 67 per cent of businesses said they don’t have any business events confirmed for 2020 and 48 per cent of businesses said they don’t have any business events confirmed for 2021 either.









