Two new funds announced by Event Wales today
Open to applications from today (19/04/23) two new pilot discretionary funds are being made available from Event Wales. In a specially-convened industry webinar hosted today and following on from the development of the new Events Strategy for Wales, considered applications to the Sector Development Fund or the Sustainability Innovation Fund for work during the 2023/2024 or 2024/2025 periods are now invited.
Both sector development and event sustainability were identified in the new Strategy as ongoing priorities for the Wales events industry in future years and the funds seek to support projects that specifically target these two important workstreams.
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The Sector Development Fund has up to £300,000 per annum available and will seek to support projects that are able to demonstrate that they will make a real difference to the events industry in Wales, especially in activity areas identified as priorities in the new Strategy, such as skills development. It is anticipated that individual applications would not exceed £20,000-£30,000 for this fund.
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The Sustainability Innovation Fund has up to £200,000 per annum available and is open to projects planned for the same period that anticipate new and innovative approaches to event sustainability goals. It is anticipated that individual applications would not exceed £10,000-£15,000 for this fund.
Applications are invited from event owners/organisers, supply chain businesses, local authorities, academia or others with a relevant role in the events industry. Applicants must be based in Wales or otherwise able to demonstrate that the funding and supported activity will be applied in Wales. Partnership projects between 2 or more events or organisations are also welcomed and applicants should have a proven track record in providing high quality services in the events, training or other relevant industry. If this is the first venture for a new start up with no track record, directors should have a previous demonstrable track record of projects in a similar field.
Further guidance on both funds can be found at:
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