New tourism product development funding now available.
Destination NSW is pleased to advise that the NSW Government has announced a Tourism Product Development Fund
Refresh & Renew Fund: $10,000 grants for updates to products/experiences to better meet consumer expectations;
Experience Enhancement Fund: $50,000-$150,000 grants for major upgrades or new attractions/experiences.
The Tourism Product Development Fund offers funding through two funds:
$1 million is available under the Refresh and Renew Fund.
The Fund offers $10,000 in unmatched grants to assist tourism operators to update their product or experience to better meet consumer expectations.
$2 million is available through the Experience Enhancement Fund.
The Fund offers grants of between $50,000 and $150,000 in matched dollar-for-dollar funding for:
• Upgrading existing accommodation to 4 to 5-star
• Upgrading existing business and leisure event venues/facilities to meet client requirements
• Repurposing existing infrastructure to provide new visitor economy facilities, services or experiences not currently available within the destination
• Creating new tourism attractions or experiences.
Both funds close at 9am on 31 March 2021.
Find further information about both Tourism Product Development funds.
Regional Business Event Development Fund
Additionally, $500,000 is available for Regional Business Events Development with grants of up to $30,000 per applicant to create, attract and support business events for regional NSW, and to motivate business event owners to incorporate regional NSW in their plans.
The Regional Business Event Development Fund closes 30 April 2021.
Find further information about the Business Event Development Fund.
Read the full Media Release from the Minister for Jobs, Investment, Tourism and Western Sydney Stuart Ayres which details the $6 Million boost for the NSW visitor economy.