The Tourism Development Fund supports projects that encourage three key streams: tourism investment, tourism product development and industry capacity building.
The Tourism Development Fund program provides non-capital, project-based funding to:
- develop research-based innovative and emerging tourism sectors;
- support tourism organizations’ capacity building;
- encourage new private sector tourism investment attraction; and
- enhance Ontario’s overall economic competitiveness and opportunities for the Ontario tourism industry.
Eligibility Criteria
- Tourism associations (excluding Regional Tourism Organizations), economic development corporations, municipalities, not-for-profit organizations and businesses interested in undertaking tourism-related initiatives which support tourism product development, industry development and increased visitation.
- The Tourism Product Development stream and the Industry Capacity Building stream accept applications from tourism associations (excluding Regional Tourism Organizations), not-for-profit organizations, municipalities, and national and/or provincial industry sector associations.
- The Tourism Investment Attraction stream accepts applications from municipalities, economic development corporations and businesses.
- Each application must confirm compliance with the following:
- Legal status of organization applying (i.e., established by or under legislation; federally or provincially incorporated; First Nations in the Province of Ontario; proof of registration in Canada or another jurisdiction).
- Applicant is not in default of the terms and conditions of any grant or loan agreement with any ministry or agency of the Government of Ontario (e.g., Ontario Trillium Foundation).
- Applicant has at least $2 million General Commercial Liability insurance coverage.
- None of the proposed expenses will be used for recurring costs to run the applicant organization.
- A confirmed cash contribution of at least 20 per cent of the total cash expenses for your proposed project must be made by your organization and a total of 50 per cent by your organization and your project partners.
How to Apply
- Applications are accepted on an ongoing basis, and should be submitted a minimum of four months prior to the start of the project.
- Applicants must use the Tourism Development Fund 2015 Application Form to apply.
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