NT Business Events Support Fund Doubled: The current incentive amount offered through the NT Business Events Support Fund will be doubled to $200 per delegate for eligible applications received by 31 May 2020 for events staged by 30 June 2021.
The Northern Territory Government, through the Department of Tourism, Sport and Culture, acknowledges the importance of business events to the Territory economy and the role they play in enhancing the local knowledge base and being a catalyst for innovation, investment and trade.
The Northern Territory Business Events Support Fund (NTBESF) aims to assist the Territory business events sector to more aggressively compete with rival destinations by providing support funding assistance to organisers of qualified corporate meetings, conferences, conventions, exhibitions and incentives.
Who can apply?
Business events planners or organisations considering the Northern Territory as the destination in which to stage their business event may apply for financial assistance of AUD$100 per delegate.
A planner or organisation considering the Northern Territory as the destination in which to stage a business event should apply for financial assistance by completing the Northern Territory Business Events Support Fund application form.
How can the financial assistance be used?
In line with NT Government’s Buy Local policy, financial assistance may be used for any of the following:
Eligibility and criteria
Priority for support will be given to staging a business event that aligns with the Territory’s economic and social strengths in the following industries:
Support for business events that do not align with the above will be considered on a case-by-case basis providing significant economic returns and flow-on benefits to the Territory can be demonstrated.
To be eligible, events must demonstrate historical data and a shortlist of destinations the Territory is competing against. Events must attract a minimum 80% of delegates from outside of the Northern Territory. Seed funding to run an event is outside the scope of the NTBESF.
Events already confirmed for the Northern Territory are not eligible to apply for this funding and this includes where a verbal decision has been made and/ or formal marketing is already in existence to promote the event.
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