Thursday 4 March 2021

$20 MILLION REGIONAL EVENTS ACCELERATION FUND NOW OPEN

More sporting, music, cultural, food and beverage events are expected to be staged across regional NSW, thanks to a NSW Government funding program which aims to showcase regional towns internationally and boost local economies.

Deputy Premier John Barilaro announced the $20 million Regional Events Acceleration Fund this week and said it will provide grants to boost major events in regional areas, creating valuable jobs for locals.

“We have proven our ability to stage major events that accommodate large crowds in a COVID-safe environment and now is the right time to bring entertainment to the bush and provide much-needed stimulus to local economies.

“This funding will deliver major events that will create valuable jobs, keeping money local, as well as giving people the chance to see their favourite teams or performers in their hometown,” Mr Barilaro said.

Events hosted between March 2021 and June 2022 can apply for two streams of funding:
  • Stream One supports existing regional events by funding operational improvements and infrastructure needed to boost event attendance and improve visitor experience. Applications can request funding support between $50,000 and $200,000
  • Stream Two supports the attraction of major international and domestic events to regional locations, with a particular focus on major sporting events that provide national or international exposure. Applications for Stream Two can request funding at a minimum of $100,000.

Applications for the Regional Events Acceleration Fund are now open and close at 5pm on Friday 17 December 2021, or when funding is fully committed.

To further assist eligible organisations seeking funding, the Department of Regional NSW will host an online information session on Wednesday 3 March. The session will provide a high-level overview of the program, guidance on the eligibility requirements and the application, followed by a Q&A. To register, click here.

For further information on the Regional Events Acceleration Fund, go to www.nsw.gov.au/REAFund.

Website: www.theholidayandtravelmagazine.blogspot.com.au

Destination NSW
https://www.destinationnsw.com.au/

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