Afterpay Australian Fashion Week to be covered by grants up to $250,000 15 February 2021
IMG today announced that Afterpay Australian Fashion Week (AAFW) will be covered under the Australian Government’s Business Events Grants program, which will support Australian businesses by providing grants between $10,000 and $250,000.
Grant funding will cover up to 50 per cent of eligible expenditures incurred by designers participating in AAFW.
Established by the Australian Government, the Business Events Grants program is funded under the $1 billion COVID-19 Relief and Recovery Fund, which is providing assistance to sectors, regions and communities disproportionately affected by the economic impacts of the global pandemic.
The initiative will empower the business events sector which, due to COVID-19, has seen categorical cancellation of events contributing to a near 100 per cent loss of revenue.
Industry welcomes grants programme boost for Australia’s business events sector
The Business Events Council of Australia (BECA), 11 February, welcomed the new minister for trade, tourism and investment Dan Tehan’s confirmation of the Government s commitment to the event industry and, in particular, the rolling out of its Business Events Grants Programme. “We encourage all business events businesses, whether owners, delegates or exhibitors to engage with the programme to ensure we can get the maximum revenue flowing through the entire supply chain as soon as possible,” the BECA statement read.
BECA was responding to a government media release that noted one of Australia’s premier convention destinations, Gold Coast, was now open for business and that the Morrison Government was supporting local events through the A$50m (US$38.6m) programme.
The
Business Events Council of Australia (BECA), 11 February, welcomed the new minister for trade, tourism and investment Dan Tehan’s confirmation of the Government’s commitment to the event industry and, in particular, the rolling out of its Business Events Grants Programme. “We encourage all business events businesses, whether owners, delegates or exhibitors to engage with the programme to ensure we can get the maximum revenue flowing through the entire supply chain as soon as possible,” the BECA statement read.
BECA was responding to a government media release that noted one of Australia’s premier convention destinations, Gold Coast, was now open for business and that the Morrison Government was supporting local events through the A$50m (US$38.6m) programme.