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November 27, 2013

Prague Approves Incentives for Large-Scale Conventions




After several years of Prague Convention Bureau's efforts, the Prague City Council approved incentive support for large international conventions held in the city last month. Grants for incentive support are intended for non-profit organization congresses with 1,500 and more delegates, at least 50 percent of them being from abroad. Attendees must spend a minimum of two nights in Prague. Organizations can acquire $12 per participant, up to an estimated $50,000 per event. This subvention can be used towards the cost of the venue rental or welcome reception. (More information on this is available at www.praha.eu in the section of Subsidies and Grants / Urban Grants / Tourism).


“Incentives for organizers of large international conferences and congresses are highly appreciated in today's highly competitive environment," says Lenka Žlebková, Managing Director of Prague Convention Bureau. "Without them, it would be much harder for Prague to attract significant and lucrative events.”   
This significant subvention plan came two years after Prague City Council approved incentive for congress organizers in the form of free public transport for congresses with more than 500 participants.
Another important step in development of Prague as a congress destination is the approval of takeover of the Prague Congress Centre's debt by the State in return for 70 percent share. This will help the congress center in its further development and modernization, which is necessary for keeping its international competitiveness and attractiveness for large congresses. Prague Convention Bureau considers the overall reconstruction and modernization of the Prague Congress Centre as crucial. Without it, it would not be possible to achieve the ambitious goals set by Prague Convention Bureau, specifically to get Prague to the top ten of the world's congress destinations by 2015 and top five by 2020.
“I am convinced that a modern convention center will make the destination more attractive and help bring more significant events to Prague,” says Lenka Žlebková, Managing Director of Prague Convention Bureau, adding, "the meeting industry is very important for Prague as it contributes not only to its sustainable economic growth but also to overall competitiveness of whole country.”

 


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