This document discusses the economic impact of MICE (Meetings, Incentives, Conferences, and Exhibitions) and how to maximize their value creation potential. It notes that conventions and trade shows are a multi-billion dollar industry and major contributor to knowledge exchange and business creation. However, global competition is growing. The document outlines objectives like driving economic growth, maximizing revenues and knowledge sharing, promoting innovation, and job creation. It advocates for a coordinated city-wide approach to sector development through initiatives like city welcome programs, sector and country targeting, ambassador programs, and authentic experiences to shape the future of the industry.