More than 50 events in Queensland will receive a share of $1.4 million in funding from the Tourism and Events Queensland Regional Development Program.
Residents in Surfers Paradise property will benefit from more activities in the calendar.
The funding will provide economic and social benefits to communities in the state, said Minister for Tourism, Major Events, Small Business and the Commonwealth Games Jann Stuckey.
"The latest funding round supports a diverse calendar of Queensland events, ranging from sailing regattas to triathlons, food and wine festivals and arts and cultural celebrations," she said.
This will boost the region's tourism economy, and Ms Stuckey said the Queensland government aims to increase the state’s annual overnight visitor expenditure to $30 billion by 2020. Currently, it is half that number.
The government will need to provide "innovative and unique" events, according to Ms Stuckey.
The aim is to encourage visitors to return to the state, and to do this they need to leave with a lasting impression.
Residents of real estate in Surfers Paradise will benefit also from these events, as they will have plenty of social and cultural occasions to fill up their calendars with.