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Product Development Funds – Innovation Fund | Travel Alberta

March 1, 2024

Value

Up to $200,000 with 20% fund matching required.

Description

Develop and diversify assets, programs and experiences of existing operators.

Priorities:

  • Creates a new purchasable tourism experience within Alberta
  • Contributes to 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

  • Lease or Purchase Costs for Equipment: Use the funds to lease or buy equipment that offers new visitor activities not currently available or enhances the existing offerings and visitor experience.
  • Specialized Equipment for a Diverse Market: Invest in specialized equipment that enables your organization to cater to a broader range of people, including those with different physical abilities.
  • Seasonal Temporary or Movable Structures: Improve visitor comfort and enhance their experience with the funds by setting up temporary structures that can be moved around during different seasons.
  • Permits and Licensing Expenses: Cover the costs of permits and licenses needed to expand the variety of activities or experiences you provide.
  • Testing New Experiences: Utilize the funds to pilot and try out new experiences to see how visitors respond.
  • Developing Interpretive Programs: Allocate the funds towards the development of interpretive programs that enhance or create new tourism experiences.
  • Content Development: Create engaging content through photography, videos, and written materials (provide a shot list with your application).

Deadline Date

EOI period: February 12 to March 1, 2024.

Contact

Contact Name: Travel Alberta

Phone Number: (403) 648 1000

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

Industry:

Indigenous, Non-Profit, Tourism

Location:

Alberta

Tags:

Equipment

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There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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