Elevate Tourism Initiative
no fixed amount
Loan
Description:
Through Elevate, the Government of Canada will increase commercial tourism investments in Atlantic Canada to $25 million over 2 years (ending March 31, 2026). This repayable initiative, sourced from ACOA’s existing budget, further demonstrates the federal Government’s commitment to investing in the region’s visitor economy, backing up Canada’s Federal Tourism Growth Strategy with real action.
Comments on Funding:
Continuous Intake
Eligibility:
Applicants must be private sector (commercial) tourism SMEs that want to increase yield and/or reach new visitor markets and want to make investments to achieve this goal.
Application Steps:
Applicants must contact ACOA Business Information Services (BIS) at 1-888-576-4444 and then complete the relevant application form. The agents at BIS can help you submit your project or find other available solutions.
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
About the author
Maurice
