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Funding and Grants

Securing funding is often key to building a destination, ahead of private sector investment and implementing the strategic direction for tourism. Destinations have traditionally relied on local, state and national government funding support for catalyst tourism infrastructure development, management and marketing initiatives. There are a number of State and National funding and grant initiatives that are offered for individual tourism businesses, tourism destinations and destination management organisations. Read more
Securing funding is often key to building a destination, ahead of private sector investment and implementing the strategic direction for tourism. Destinations have traditionally relied on local, state and national government funding support for catalyst tourism infrastructure development, management and marketing initiatives. There are a number of State and National funding and grant initiatives that are offered for individual tourism businesses, tourism destinations and destination management organisations. As part of the actions arising from theĀ National Long-Term Tourism Strategy in Australia, the Investment and Regulatory Reform Working Group have documented the funding and investment assistance programs available in Australia for tourism development.

 

 

 

One of the common local level funding models implemented by local and regional tourism organisations is a tourism business levy model. The funds raised from a tourism business levy, such as that introduced in Noosa, are used to directly support tourism management systems, development of infrastructure and facilities, destination marketing initiatives, conservation of natural and heritage environments, research and education and to contribute to relevant community initiatives.

 

Destination Management Tip

State and National Tourism Organisations provide a range of information and advice on sourcing funding and grants for tourism development.

 

 

According to the Sustainable Regional Tourism Destinations project undertaken by the Sustainable Tourism Cooperative Research Centre, to establish methods to improve funding for tourism best practice regional tourism destinations:

 

  • Consider and introduce a tourism business levy scheme;
  • Apply for National and State government grant opportunities
  • Collect membership fees for the local and regional tourism associations; and
  • Establish commercial booking services as part of Visitor Information Centre operations.

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