Dutch gov announces €300m event cancellation fund
The government pot will provide a guarantee for music festivals, business fairs and sports competitions that are organised after 1 July
News By IQ | 22 January 2021
The Dutch government is reserving at least €300 million for a cancellation fund to allow event organisers to plan for the second half of 2021 without the financial risk posed by a potential Covid outbreak.
The guarantee fund – similar to those announced in Germany, Austria and Switzerland – is intended for music festivals, business fairs and sports competitions that attract a minimum of 3,000 visitors and take place in Q3 and Q4 of this year.
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The cabinet is considering a 1 July commencement date…