Prague announces subvention funding at EIBTM

Prague Convention Bureau is to offer subvention funding for large international conferences, enabling non-profit organisations to apply for up to £34,000 towards their event.

Prague launches subvention funding
Prague launches subvention funding

Following several years of lobbying, Prague City Council has approved grants for non-profit organisation congresses with more than 1,500 delegates. The annoucement was made today (19 November) at EIBTM in Barcelona.

Of these delegates, at least 50% must be from abroad. Organisations can acquire up to £34,000 towards the cost of the venue or welcome reception. The criteria also state that delegates must stay for a minimum of two nights in Prague.

Two years ago, Prague City Council launched a scheme offering congress organisers free public transport for delegates attending large events of more than 500 people.

Lenka Zlebkova, managing director of Prague Convention Bureau, said: "Incentives for large international conferences are highly appreciated in today’s competitive environment. Without them, it would be much harder for Prague to attract significant and lucrative events."

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