Home / News / Regional Tourism Investment Fund Applications Open

Regional Tourism Investment Fund Applications Open

16 May 2024

The Regional Tourism Investment Fund 2024 provides support to build and upgrade tourism infrastructure projects in regional and rural Victoria. It will support projects to increase year-round visitation, improve the quality of customer experiences and increase visitors’ length of stay. Grants of up to $5 million per project are available with a minimum funding amount of $100,000 per project.

The Details

The fund is guided by the five priorities identified in the Experience Victoria 2033 strategic plan:

  • First People’s led experiences
  • Wellness
  • Arts and culture
  • Food and drink
  • Nature

 

The fund will provide grants under three streams:

Stream 1 – Small-Scale Projects: between $100,000 and $1 million (excl. GST) for new small infrastructure or enhancements to existing infrastructure that builds on the current visitor experience. Projects must align with one or more of the product priorities outlined in Experience Victoria 2033.
Stream 2 – Large-Scale Projects: between $1,000,001 and $5 million (excl. GST) for new infrastructure that supports visitor experience. Projects must align with one or more of the product priorities outlined in Experience Victoria 2033.
Stream 3 – Accommodation uplift: between $500,000 and $2 million (excl. GST) for revitalisation of existing accommodation offerings to enhance the overall visitor experience and align with modern visitor expectations at an accommodation site.

Two information sessions will be held online by Business Victoria to provide further information on the fund and to answer any questions you may have.
Wednesday 4 June 10am – 11am
Thursday 13 June 2pm – 3pm

Application close Friday 19 July 2024 at 2pm.

For full information, FAQ’s, templates and application see the link below.

Grants and funding Tourism

In other news...