Victorian Business Events Grant Stream 1

Purpose and Program Overview

The International Incentive Events Program (Stream 1) offers funding to host new international incentive events in Victoria. The program intends to attract international delegates to the state. It aims to increase tourism and economic activity.

A core objective is to promote regional Victoria. The grant requires a minimum one-night stay in a regional Victorian location. The program supports the events and tourism industries within the state.

The program is a key part of the Victorian Business Events Grant Program. It is designed to assist businesses with the financial costs of hosting an event. It plays a role in boosting Victoria’s reputation as a business events destination.

Key Grant Details

• Grant amount or funding range: A grant of up to $25,000 is available for events with 10–149 delegates.
• Application open and close dates: The program is open until 31 March 2026, or until funds are fully allocated.
• Eligible industries or business types: The grant is for businesses that host international incentive events.
• Required co-contributions: No co-contributions are needed.
• Location/state/territory applicability: The grant is for events hosted in Victoria. The event must include at least one overnight stay in regional Victoria.

Priority Sectors

The grant is for the business events, tourism, and hospitality sectors.

Funding Scope

• Minimum and maximum amounts per stream: The maximum grant amount is $25,000 for Stream 1. There is no minimum amount specified.
• Categories or streams of funding: Stream 1 is for events with 10–149 delegates.
• Project timeline or eligible funding duration: The incentive event must take place between 1 January 2025 and 31 March 2026.

Grant Amount in Total

The total funding pool for this program is not stated.

Eligibility Criteria

• Business structure or size: The grant is for businesses hosting international incentive events.
• Registered business location: The applicant’s business must be registered in Australia.
• Insurance or compliance obligations: Applicants must have a valid ABN.
• Delegates: The event must have between 10 and 149 international delegates.
• Event location: The event must include a one-night stay in regional Victoria.

Eligible Activities and Expenses

International Incentive Events Program (Stream 1) funds the costs of hosting an event. Eligible activities and expenses include:

• Accommodation costs in regional Victoria.
• Venue hire and catering expenses.
• Transport and logistics.
• Activities, tours, or experiences.

Assessment Process

The grant is competitive. Applications are assessed on their merit. The main criteria are:

• The event meets all eligibility requirements.
• The event has the potential to deliver economic benefits to Victoria.
• The event’s capacity to showcase regional Victoria.

Recent Program Updates

Applications are now open for events taking place from 1 January 2025 to 31 March 2026. The program offers funding for two streams, with Stream 1 focused on smaller events.

Application Tips

• Ensure your event has the required number of international delegates.
• Confirm your event includes at least one overnight stay in regional Victoria.
• Prepare your expression of interest with all event details.
• Submit your application early, as funding is limited.

Where to Get Help

Consider consulting with a professional grant specialist like Pattens Group. We offer initial assessments to review your business’s eligibility and evaluate how well your project aligns with the grant’s objectives. You can also visit relevant government websites for application templates and further guidance.