HQ #107 / Funding & Sponsorship
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Several international studies show that business travellers generally spend on average three times more than an international tourist, and also stay longer than the average tourist. It is no wonder that most governments want a piece of this action and move their resources strategically towards association campaigns and bidding for large congresses.
As we will see on the following pages from the pen of our contributors, event sponsorship is a great way for associations to receive support from companies and to score valuable partnerships in terms of funds and publicity. There are various types of event sponsorship that you can choose for your business. These include financial sponsorships, in-kind sponsorships, media event sponsorships, and influencer and content creator sponsorships.
In this latest 2022 edition of Headquarters, we decided to break down the concepts, terms and objectives of funding an association event in 2023 and explore new ways of sponsorship in the MICE industry. We set our eyes on two focus events taking place next year, interviewed the Brussels-based non-governmental organisation, the European Federation of Investors and Financial Services Users, and invited the consultancy firm BC&A to explain VAT taxation for sponsors.
We also went to find out how Hungary, Penang and Maastricht have positioned themselves in the events and meetings industry and spoke to Sydney and Glasgow convention centres about new trends and predicaments in events organisation. Don’t miss all these stories and the different points of view of our regular contributors on new revenue streams for association and engagement for sponsors.
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