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Product Development Funds – Growth Fund | Travel Alberta

March 1, 2024

Value

up to $500,000 with 1:1 fund matching required.

Description

Purchase, build or renovate permanent tourism infrastructure.

Priorities:

  • Creates a new purchasable tourism experience within Alberta
  • Contributes to measureable job creation and economic growth
  • Diversifies the seasonality of product offering for the operation/region
  • Supports the Indigenous tourism sector
  • Supports sustainability practices within the tourism operation

Eligible Applicants

  • Alberta based tourism businesses
  • Indigenous businesses
  • Not-for-profit organizations and municipalities with a focus on tourism
  • Must have a minimum three years in operation
  • Tourism offering must be available for more than 120 days per year

Eligible Expenses

  • Enhancing Tourism: Funds for improving tourism-related aspects, including experiences and services.
  • Facility Diversification: Money can be used to buy existing buildings for expansion.
  • Promoting Sustainability: Support for eco-friendly initiatives, like solar power.
  • Professional Support: Expert consultation, project management, and operational costs.
  • Natural Area Development: Money for creating outdoor spaces, like trails, for better visitor experiences.

Deadline Date

Expression of Interest (EOI) for the Growth fund is now closed.

Contact

Contact Name: Travel Alberta

Phone Number: 403-648-1091

Website: https://industry.travelalberta.com/development/tourism-investment-programs/growth-fund

Industry:

Indigenous, Tourism

Location:

Alberta

Tags:

Tourism Infrastructure

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