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Mice Support

Corporate meetings · incentives

Purpose and Overview of Support

Purpose
To support organizations attracting, promoting and hosting corporate and incentive meetings which are high value-added MICE events, to improve tourists’ level of satisfaction towards events, to increase repeat tourists and to secure a long-term growth engine for the tourism industry of Busan
Supported Period
From January, 2020 ~ The Budget is exhausted
Beneficiaries
Corporations and organizations attracting, promoting and hosting Groups from Corporations or Organizations to visit Busan city as a incentive travel that meet the criteria set by BTO.
How Organizations Are Supported
The scale of support event-holding organizations receive depends on the scale of their event and the impact of event on the local economy.
  • Admission tickets to tourist attractions can be replaced with other items if organizations are unable to give out the tickets due to a scheduling problem.
  • Organizations may carry out their meetings or tours via ground operators.
  • The maxium amount of support provided for each item shall be calculated using the existing method.
  • For paid tourist attractions, BTO’s establishments such as Taejongdae or Busan Tower shall be considered first.

Process

  1. 01Program Notice & Application
    All-year-round
  2. 02Evaluation
    Based on BT’s internal criteria
  3. 03Beneficiary Confirmation & Announcement
    Within 1 month from receiving applications
  4. 04Support & Follow-up Evaluation
    By January 2019
  5. 05Payment Decided
    Within 1 month after receiving the final report

Eligibility and Criteria

Criteria
01Stages of Support
Support for Event Attraction, Support for Hosting Event (2 stages), Corporations may receive support once for each stage of support.
02Evaluation Criteria
Support graded by the expected number of participants
  • Attracting meetings/trips shall be supported as first priority and hosting meetings/trips second within the set budget.
  • If the amount of support previously agreed on is smaller than the limit of support, the former shall be confirmed/notified as the amount of support.
03 Exceptions
  • Important events and large events with at least 3,000 participants or more shall receive the maximum amount of support with the approval of the president of BTO.
  • BTO’s criteria for support from 2017 shall be applied to events that have already been promised a specific amount of support when BTO’s annual support plan has not yet been established.
  • Corporations hosting a day of corporate meeting and a day of incentive trip shall receive support on the event that is more relevant to the nature of corporate meeting or incentive trip.
Support for Hosting Event
개최지원을 구분, 대상, 기준, 지원금액으로 정보 제공
Category Beneficiaries Criteria
Corporate incentive travels
  • Companies holding incentive programs in Busan or companies and organizations attracting these programs to Busan
  • 50 foreign attendees or more
  • 2 nights or more
Corporate meetings
  • Companies holding meetings at Busan or, companies and organizations attracting these meetings to Busan
  • 1,000 attendees or more
    ※ 30 foreign attendees or more
  • 2 days or more
  • Training-oriented organizations such as groups of public officials or students are not eligible for MICE support.
  • Max Amount Supported: KRW 30 mil
  • Entrance Fee(Tourist Attractions in Busan) & Activities
  • Souvenirs and more
  • Please check the attached file
    • - Rental Fee(Meeting room/Bus)
    • - Official Dinner/lunch and more
Support for Attracting Corporate Meetings
유치지원을 구분, 등급, 평가내용, 지원한도로 정보 제공
Category Grade Areas Evaluated Max Amount of Support
Corporate meetings·
Company incentives
A Total Number of Attendees 5,000 10,000 mil
B Total Number of Attendees 3,000 ~ 5,000 7,000 mil
C Total Number of Attendees 1,000 ~ 3,000 5,000 mil
D Total Number of Attendees 500 ~ 1,000 3,000 mil
E Total Number of Attendees 300 ~ 500 2,000 mil
F Total Number of Attendees 300 1,000 mil

Max Amount Supported: KRW 10 mil


Requirements

  • Corporations must show the logo and website address of BTO on the materials produced for their events.
  • Corporations must provide Busan City and BTO opportunities to promote themselves and, actively cooperate with surveys.
  • The final event report must be submitted within 20 days after the event has ended. Corporations must notify BTO in writing the reason for a late submission.
  • Support fund shall be cancelled or deducted if the result of the event held do not meet the criteria for the support fund.
  • When exaggeration of the number of event attendees, duplicate information or fake proofs are found, the corporations concerned may receive disadvantages when applying for the program in the future.
  • Corporations must return the support fund in full when changing the event location to a city other than Busan after receiving the fund.
  • Corporations may not apply for the Tourist Attraction Incentive Program of BTO’s Tourism Marketing Team in addition to this program.
  • Korean ground operators applying for this program on behalf of foreign corporations must submit a signed letter of attorney.