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Tasmanian Government backs business events

Following the announcement, Business Events Tasmania (BET) Chief Executive Officer Stuart Nettlefold said “this significant investment shows that the Tasmanian State Government has great confidence in the business events sector in Tasmania, representing close to a 19% increase to core funding provided annually to BET.”

Announced late last week as part of the Tasmanian budget 2015-16, the State Government pledged an additional $400,000 over four years to increase Tasmania’s share of the business events market.
 
Following the announcement, Business Events Tasmania (BET) Chief Executive Officer Stuart Nettlefold said “this significant investment shows that the Tasmanian State Government has great confidence in the business events sector in Tasmania, representing close to a 19% increase to core funding provided annually to BET.
 
It’s great to see that the potential of our sector is being recognised at this level and it demonstrates the current strength of the industry in Tasmania, where we continue to see momentum building. The business event delegate is the highest spending in the visitor economy, a fact that hasn’t been lost on the State Government in their push to see the Tasmanian tourism boom continue.
 
The additional funding will be used to increase BET’s sales resource, broaden our capacities in international markets, further develop our digital strategy and progress our important Ambassador Program.” said Nettlefold.
 
AACB Executive Director Andrew Hiebl was pleased at the announcement saying “It is great to see the Tasmanian Government backing the business events sector through their recent budget announcement, and further reassuring to see this significant investment being trusted to the authorised convention bureau for the state – Business Events Tasmania,”.
 
The increase in funding will have a positive impact on Tasmania’s economy. Business Events provide direct economic value and offer many legacy benefits not directly measurable that underpin knowledge creation and exchange as well as innovation and investment opportunities.
 
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Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.

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