Tourism Growth Program in Atlantic Canada
Highlights
You have a unique chance to enhance your business through the Tourism Growth Program, which allocates $108 million over three years to support local tourism in Atlantic Canada. This funding is perfect for businesses like yours looking to develop unique tourism products and enhance visitor experiences. By participating, you can create sustainable practices, promote your offerings more effectively, and extend the tourism season, ultimately bringing more visitors to your area.
This program stands out because it offers flexibility—there are no minimum or maximum revenue requirements. Whether you own a small start-up or a larger enterprise, this initiative is designed for you. Taking advantage of this funding can lead to greater visibility, growth for your business, and assist in making your area a year-round destination for travelers.
Applying is straightforward, making it an easy fit for your business. The potential rewards are significant, and the resources provided can elevate your offerings, set you apart from the competition, and help your business flourish in the dynamic tourism landscape.
Financing Details
Type of Financing
This program offers funding in the form of grants. Grants do not need to be repaid, making them a great option for your business.
Repayment Terms and Interest Rates
Since the funding is provided as grants, there are no repayment terms or interest rates involved. You receive the funds, use them to enhance your tourism offerings, and move forward—simple as that.
Eligible Expenses
You can use the funds for various expenses related to:
- Developing local tourism products and experiences
- Activities that promote sustainability
- Efforts to extend the tourism season
- Marketing and promotional initiatives to drive visitation
Restrictions on Fund Use
The funds cannot be used for general operational costs, such as salaries, rent, or utilities.
Fees
No fees are associated with applying for or receiving this grant. You can utilize the full amount to benefit your business.
Qualifications
- Location: Must be based in Atlantic Canada.
- Eligible Applicants:
- SMEs (Small and Medium Enterprises)
- Indigenous businesses
- Non-profit organizations
- Municipal governments
- Employees:
- No minimum number of employees required.
- No maximum number of employees required.
- Company Revenue:
- No minimum revenue qualifications.
- No maximum revenue qualifications.
- Legal Structure: All legal structures are applicable.
- Profit Structure: All profit structures are applicable.
Disqualifications:
- No specific disqualifications mentioned in the context provided.
Description
The program offers $108 million over three years to boost local tourism in Atlantic Canada. This funding is designed to help you develop unique tourism products and enhance the overall experience for visitors. By tapping into this resource, your business can contribute to making your area a year-round destination for travelers.
You can use this funding for a variety of activities. It might support sustainable practices, help you promote your offerings more effectively, or even extend the tourism season in your region. This is a great opportunity to attract more visitors, not just to urban areas, but also to your rural attractions.
One of the best parts? There are no minimum or maximum revenue requirements, and businesses of all legal structures can apply. This means you can take advantage of this program regardless of how big or small your business is. Investing in your tourism projects now can lead to more visibility and growth for your business in the future.
Program Steps
Identify Your Project
Define the unique tourism product or enhancement you want to develop that aligns with the program goals.Prepare the Appropriate Documentation
Gather necessary documents to support your application, including:- Business registration documents
- A detailed project proposal outlining your idea
- Budget estimates for your project
- Evidence of community support or partnerships (if applicable)
- Previous tourism-related financial statements (if available)
Complete the Application Form
Fill out the application form provided on the program’s website. Ensure all required fields are completed accurately.Submit Your Application
Review your application for completeness, then submit it through the designated online platform or submit via mail as instructed.Follow Up on Your Application
After submission, keep track of your application status. Monitor your email for any communication from the program administrators.Prepare for Potential Interviews or Questions
Be ready to discuss your project and its impact on local tourism if selected for further evaluation.