Tourism Growth Program in British Columbia
No fixed amount
Grant
Description:
The Government of Canada’s Tourism Growth Program (TGP) aims to help small and medium-sized businesses, tourism organizations, and local communities to grow and develop tourism products and experiences that position Canada as a destination of choice.
Comments on Funding:
Eligible businesses can apply for interest-free repayable funding of up to $250,000 to support the growth of tourism operations. Preference will be given to projects seeking 50% or less funding from PacifiCan. The stacking limit (from other government sources) cannot generally exceed 50% of eligible capital costs and 75% for other eligible costs.
Applications are closed. Stay tuned for future intakes.
Eligibility:
Applicants must be:
1. legal entities capable of entering into legally binding agreements.
2. For Businesses
a. Must be financially viable businesses, operating for a minimum two years in British Columbia;
b. Restaurants, accommodation and retail are not normally eligible. Some exceptions can be made for restaurants or accommodations that are an anchor for a tourism community.
3. Indigenous applicants
4. Incorporated small and medium sized enterprises (SMEs),
5. Not-for-profit organizations (including tourism associations and organizations),
6. Post-secondary institutions,
7. Indigenous-owned businesses (including sole proprietors) or Indigenous organizations, or
8. Governments (municipal/provincial and related entities)
Application Steps:
Applicants must contact directly at 604-666-6256 or 1-888-338-9378 (toll-free) or at info@pacifican.gc.ca.
Documentation Needed:
Applicants must submit:
1. A completed Application Form
2. Financial Statements for past two years (including the most current)
3. Interim Financial Statements (past six months)
4. Detailed Budget;
5. Evidence of other funding sources (where available, provide written confirmation). Funding will only be considered confirmed if written proof is provided. It is mandatory that you attach confirmation of other (non-RDA) sources of funding if “confirmed” funding has been selected. There is a maximum of one attachment for each confirmed funder.
6. If the project has confirmed funding at the time of application, please attach proof of all sources of non-PacifiCan funding. PacifiCan considers the following as sources of confirmed funding:
a. Letters of confirmation;
b. Signed agreements; and
c. Financial and/or bank statements.
Other Things to Note:
About the author
Maurice
