B.C. tourism business events, workforce support receive grants
Business events and workforce support initiatives, such as hiring and retaining employees, in the tourism sector will receive more than $9.3 million over the next two years as part of the Tourism Recovery Initiatives Action Plan.
In response to the pandemic, the Province is investing in the restart of the business events and conferences sector, which was one of the hardest hit and may be one of the last to recover. This sector makes significant contributions to the provincial economy.
The new Business Events and Conferences Restart Fund will provide up to $5 million this fiscal year and up to $3 million next year to help restart business travel. Funding will be provided to city destination management organizations that were significantly involved in attracting and hosting business events, conferences and exhibitions before the COVID-19 pandemic. Eligible organizations will be invited to submit proposals to access this funding.
News release here.