Updated 15th May.
The business event grant was closed at the end of March. It was announced when it was originally closed that it is due to reopen again for three months until the end of June. Austrade have so far received 1729 eligible applications requesting over $56 million in funding. The program’s $50 million in funding has been fully exhausted with more than 1500 applicants awarded funding. All successful applicants have now been advised.
The Australian Government is currently considering options regarding the program including in relation to eligible applicants who did not receive funding due to the program allocation being exhausted as well as potential new applications under a program extension.
An update regarding the Government’s decisions will be made as soon as possible.: Check Here
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All information below is from our previous announcement in March:
On 11 September 2020 the Australian Government announced it would establish the $50 million Business Events Grants program. This program is funded under the $1 billion Relief and Recovery Fund which is providing assistance to sectors, regions and communities disproportionately affected by the economic impacts of COVID-19.
Sydney Build Expo 2021 has been approved to be part of the Business Events Grants Program. You can download the full list of approved events from Austrade here.
All bookings for exhibition space / sponsorship after 5th January 2021 are eligible to apply for a grant of up to 50% from Austrade. Details below correct as of 05/01/21.
Application detail: This program is demand driven and will be closed when all funding has been allocated.
What do you get? The grant amount will be up to 50 per cent of eligible project expenditure (grant percentage).
- The minimum grant amount is $5,000. (Previously the was minimum $10,000 this was reduced by Austrade)
- The maximum grant amount is $250,000.
Who is this for? Australian businesses including sole traders.