Regional Visitor Economy Fund (RVEF)
The RVEF was launched in May 2013 to address a range of issues affecting tourism to Regional NSW identified in the NSW Government’s Visitor Economy Industry Action Plan (December 2012). The RVEF is designed to contribute to the NSW Government Visitor Economy goal of doubling overnight visitor expenditure to NSW by 2020, to reach a value of $36.6 billion.
The RVEF is managed and administered by Destination NSW and supports investment in the Regional NSW visitor economy on a matched dollar-for-dollar basis.
Total funds available during the 2015-16 financial year are $7.2m.
Applications may be submitted for product development and marketing activities that will contribute to the NSW Government objective of doubling overnight visitor expenditure by 2020.
All applications must be supported by a completed Destination Management Plan relevant to the project’s region and meet the requirements outlined in the Destination NSW template. For more information, please refer to Destination Management Planning page.
Regional Flagship Events Program
The Regional Flagship Events Program supports the marketing of events that play an important role in bringing visitors to regional NSW. Increased visitation can deliver much-needed tourist dollars to communities and strengthen the regional economy. To be funded under the Regional Flagship Events Program, events must have tourism potential and reflect the character and culture of an area and act as a “flagship” for their region.
Destination NSW provides funding in $10,000 one-off grants or triennial funding of $20,000 per year for three years to event organisers to support the marketing and advertising of events.
Since 1996, the NSW Government has provided more than $5.1 million to support more than 235 events in Regional NSW.