Scotland confirms extra funding for events industry

The Scottish government is to provide further funding for its events industry as part of a new £104.3m package which will be split into nine separate funds, with the events industry being one of the targeted recipients. Scottish businesses operating within the event, travel and hospitality industries can apply, even if they have already drawn on previous funding measures. The funds include a Pivotal Event Businesses Fund, for which details remain to be clarified and is closed to expressions of interest, and a wider Event Industry Support Fund, which could be accessible from late January. Other funds include a Sector Destination Operational & Market Readiness Fund, one for inbound tour operators, an outdoor fund, one for coach operators, a visitor attractions fund, hostels fund, and a Sector Destination Operational & Market Readiness Fund. Joss Croft, the CEO of travel trade association UKinbound hailed the new funding as a lifeline. “We applaud the Scottish Government for recognising how important these businesses are to Scotland’s economic recovery and taking positive steps to ensure they remain viable for the future,” he said. However, Croft pointed out that the UK Government was yet to deliver similar nationwide. “In stark contrast, the UK Government, which...

Vote this post up | Rank:20 | << back | go to this post >>

Recent posts from CMW

• Cairns & Great Barrier Reef launches immersive meeting programme to replace Sell TNQ A new-look event ‘BE Immersed: Cairns & Great Barrier Reef’ is to replace the long-running...
• WhatsApp adds video and voice calls on desktop app WhatsApp, the Facebook-owned messaging service, is adding a new feature, allowing users on Mac or...
• No quarantine as Seychelles to open up to visitors regardless of vaccination status, 25 March The Seychelles has announced that it will be welcoming visitors from across the globe, irrespective...
• ATPI acquires travel activity of Hamburg Süd agency from A.P. Moller-Maersk Global travel management and events agency ATPI Group, has announced the acquisition of German travel...
• Kerry Prince appointed brand director in Reed Exhibitions restructure Reed Exhibitions has appointed Kerry Prince (pictured) as the new brand director of UK-based Reed...
• Let the Spread of Swiss Happiness roll! Bettina Mumenthaler, head of convention bureau UK/Ireland at the Switzerland Convention & Incentives Bureau (SCIB),...
• World Congress on Railway Research reinforces Birmingham’s position as international transport hub It has been announced that the World Congress on Railway Research (WCRR) will take place...
• Sands Expo and Venetian and Palazzo resorts sold in $6.25bn Vegas deal Las Vegas Sands Corporation has sold the Sands Expo, Venetian and Palazzo resorts along with...
• UK chancellor extends furlough scheme to end of September, with concessions on rates and VAT The UK chancellor of the exchequer has confirmed that the furlough scheme will be extended...