Northern Territory gets more funding to support events
The Northern Territory Major Events Company (NTMEC) has just opened its latest round of event funding to fund exciting new events while helping some of the existing ones grow further.
NTMEC generally offers two funding rounds per year. Two new categories were added to the program in August of this year and are offered again this year – Mass Participation Event and Major Event. The Event Development and Community Event categories are also coming back.
There were 25 successful submissions in the August round, including five mass participation events, which means events that attract over 300 visitors who will stay in paid accommodation for at least three nights.
Other successful bids included four major event requests, four event development requests, and 12 community event requests. Events ranged from sports championships and cultural festivals to children’s events and music festivals.
Independent research has shown that seven NTMEC-supported events generated an economic benefit of $ 8.4 million in fiscal year 2020-2021.
Northern Territory Minister of Major Events Natasha Fyles says, “Research has repeatedly shown that events bring great economic benefits to the territory. They also offer development opportunities to local communities and support jobs in a wide range of industries, and not just in the event sector.
“The events improve the quality of life of the territory and place the territory on the national stage, which encourages visitors to choose the NT when deciding where to spend their travel money.
“The return on investment of the events is clear. The 2020-2021 event funding cycle saw $ 660,000 spread across 29 events. To put this into perspective, only seven of these events generated a gross spending boost of $ 12.6 million, and $ 8.4 million of that money would not have entered our economy if these events had not happened. not produced.
In order to be eligible for event funding, you must comply with the latest COVID-19 Chief Health Officer guidelines as they apply to festivals and events, including mandatory vaccination of all. the workers. For the latest instructions, visit www.coronavirus.nt.gov.au.
To apply for event funding, visit ntmajorevents.com.au/funding-resources/funding-program.
Image courtesy of the Northern Territory Major Events Society
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