Are you a Victorian small business or tourism operator looking to enhance your infrastructure and attract more visitors? Exploring tourism grants may be a good idea. The Regional Tourism Investment Fund 2024 offers a unique opportunity to support innovative projects that will boost tourism in regional and rural Victoria. Here’s how you can benefit from these Victorian business grants.
What are Tourism Grants?
Tourism grants, such as those offered by the Regional Tourism Investment Fund, are designed to support new and innovative infrastructure projects that enhance the visitor experience. These grants help small businesses and tourism operators to increase year-round visitation and improve the quality of their offerings.
Eligibility for the Regional Tourism Investment Fund
To apply for these Victorian business grants, your entity must be one of the following:
- Private sector proponents
- Local and State Government entities or their owned entities based in Victoria
- Incorporated associations
- Not-for-profit organisations
- Traditional Owner Corporations, organisations, and groups, and Aboriginal-owned businesses
Additionally, your project must provide a tourism benefit to regional or rural Victoria, and you must have an Australian Business Number (ABN) and provide audited financial reports for the past three years.
Grant Streams and Funding
The Regional Tourism Investment Fund 2024 provides three streams of tourism grants:
- Small-scale projects: $100,000 to $1 million
- Large-scale projects: $1 million to $5 million
- Accommodation uplift: $500,000 to $2 million
These grants support projects that align with the five product priorities identified in Experience Victoria 2033, including First Peoples’ led experiences, wellness, arts and culture, food and drink, and nature.
How to Apply for These Victorian Business Grants
Applications for the Regional Tourism Investment Fund 2024 close at 2pm on Friday, July 19, 2024.
Examples of Eligible Projects
Stream 1: Small-scale projects might include enhancements to cellar doors, wildlife sanctuaries, and smaller-scale accommodation options like eco-pods.
Stream 2: Large-scale projects could involve major extensions to restaurant dining areas, redevelopment at wildlife sanctuaries, new museums or galleries, and new wellness retreats.
Stream 3: Accommodation uplift includes projects such as modernising motels, improving amenities at campsites, and upgrading lodgings to meet luxury market needs.
Co-Contributions
A co-contribution is required as part of these Victorian business grants. The rate varies depending on the applicant, but it is essential for leveraging the funding provided by the Regional Tourism Investment Fund 2024.
Work With a Professional Grant Writer
We can assist to confirm the eligibility of your project, as well as to prepare your application. We take the hard work out of grant writing.
Don’t miss out on the opportunity to enhance your tourism infrastructure with the Regional Tourism Investment Fund 2024. These small business grants in VIC can significantly boost your project, increasing visitation and improving the quality of experiences you offer.
Ready to take the next step? Apply for these tourism grants today and transform your business with the support of Victorian business grants. We can assist with your application. Contact us for a quote.