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Tourism Relief Fund (TRF)

Up to $500,000
Type
Application Difficulty
EASY
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

This program is created for you to adapt and grow your tourism business post-pandemic. With a generous budget of $500 million over two years, this initiative supports a wide range of businesses in the Prairies. Whether you're looking to attract more visitors, enhance your services, or upgrade your offerings, the funding is tailored to meet your needs.

By participating, you could benefit from grants that make it easier to improve your business operations. You won't face strict revenue requirements, which means you can focus on what you do best: delivering exceptional tourism experiences. With the right support, your business can not only survive but also thrive in the changing tourism landscape.

This funding is more than just financial support; it’s a chance to strengthen your business and contribute to a vibrant tourism sector in your region. The program is designed to empower you, providing the keys to unlock greater opportunities for growth and success.

Financing Details

The financing offered through this program includes grant funding. This means you can receive financial support that does not need to be paid back, giving you more flexibility to invest in your business without the burden of debt.

Eligible Expenses:

  • The funds can be used for various expenses, including:
    • Adapting your operations to meet post-pandemic needs.
    • Developing or enhancing tourism experiences.
    • Marketing efforts aimed at attracting visitors to your business.

Limitations:

  • The funds cannot be used for:
    • Personal expenses.
    • Regular operating costs not related to tourism activities.
    • Any expenses incurred before the program's official start date.

Fees:

  • There are no fees associated with this program, allowing you to access the funding free of charge and focus on growing your business.

Qualifications

  • Business must operate in Canada.
  • Business must be located in the Prairies.
  • Open to all sectors.
  • No minimum or maximum number of employees required.
  • No minimum or maximum company revenue qualifications.
  • All legal structures are applicable (e.g., sole proprietorship, partnership, corporation).
  • All profit structures are applicable (e.g., for-profit, non-profit).

Disqualifications:

  • None mentioned; all qualifying criteria apply broadly to various types of businesses.

Description

The program aims to support your tourism business in adapting after the pandemic. With a total budget of $500 million over two years, it provides funding specifically designed to enhance tourism experiences and boost sustainable growth in the Prairie regions of Canada.

This funding can be used to attract more visitors, improve your services, or upgrade your offerings. Whether you run an established organization or a small startup, you can benefit from this initiative. The best part? There is no minimum or maximum revenue requirement, so you have the flexibility to tailor the funding to fit your business needs.

You can expect this support to help you not just survive but thrive in the evolving tourism landscape. It's an excellent opportunity to strengthen your business and contribute to a vibrant tourism sector in the Prairies.

Program Steps

  1. Gather Information
    Collect details about your business, including its impact from the pandemic, current tourism offerings, and future plans for growth.

  2. Prepare Documentation
    Ensure you have the following documents ready for your application:

    • Business registration proof
    • Financial statements (recent income statement and balance sheet)
    • Business plan outlining how you will use the funding
    • Any relevant permits or licenses
  3. Complete the Application Form
    Fill out the application form provided on the program’s website. Be sure to provide accurate information and detail your funding needs.

  4. Submit Your Application
    Send your completed application along with the necessary documentation through the designated submission method outlined on the program's website.

  5. Follow Up
    After submission, check the application status if the program offers a tracking system. Be prepared to respond to any additional requests from the program administrators.

  6. Implement Your Plan
    If approved, utilize the funding effectively as per your submitted plan. Monitor the impact on your business and adapt as needed.

Visit Program Website