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Business Events Bid Fund Program

In 2019/20, we continued our support for business events through the Business Events Bid Fund Program (BFP), which assists with securing new international business events for Australia. The program helps increase the success rate of bids for new and qualified international business events by offering financial support at the critical bidding stage.

Since launching in July 2018, the BFP has received 208 applications for 154 events in Australia up to 2024. As of 30 June 2020, 33 of these events have been won, with a combined value of over $289 million to Australia’s economy.