Welsh Government Launches Two Funds for Wales’ Events Industry

Funding is available to support projects that can made a difference to Wales’ events industry, and anticipate new and innovative approaches to event sustainability in Wales.

Following on from the development of the new Events Strategy for Wales, applications to the new Sector Development Fund and 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 significant workstreams.

  • The Sector Development Fund has up to £300,000 per annum available and will seek to support projects that are able to demonstrate 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.
  • 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 £15,000-£20,000 for this fund.

Applications are open to event owners/organisers, supply chain businesses, local authorities, academia or others with a relevant role in the events industry in Wales. 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 two or more events or organisations are also welcomed.

The application deadline for both schemes is 31 May 2023 (17:00 BST).

(This report was the subject of a GRANTfinder Newsflash.)