Making St Petersburg more attractive

Expoforum offers event subvention

Gwen Kaufmann, m+a - Friday, September 13, 2019    

Expoforum-offers-event-subvention
© Expoforum

St Petersburg is doubling its subvention fund to 50 million roubles (approximately €700,000) for 2019 as part of its ongoing strategy to attract major international events to the city. Although the fund is available for use across all the city’s venues, it will have a significant, positive impact on Expoforum, the city’s primary congress venue capable of hosting up to 4,000 delegates in its main conference halls, which also boasts 50,000 m2 of indoor exhibition space. The fund, which is controlled by the St Petersburg Government and the St Petersburg Committee for Tourism Development, will be available to socially oriented non-profit organisations that are stimulating business tourism and events in St Petersburg. Subvention support will be granted as part of a competitive process, which will reimburse up to 50% of the costs of an event (up to 10 million roubles). Key criteria to achieve subvention support include the number of international participants, the event duration, event dates, the potential for domestic and international media reach, and the alignment of the event with the development priorities in the St Petersburg Strategy for Economic and Social Development.

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Markets | Practice | St Petersburg | Expoforum | subvention