Tourism Development Loan Scheme Now Open
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New $50 million loan scheme to assist the tourism industry
The Tasmanian Government has a new $50 million loan scheme to assist Tasmanian tourism operators to rebuild and regain visitors and customers as travel returns to normal, providing an opportunity to build resilience and innovate.
Loans will be available of up to $2 million for three years, aimed at helping to resource the tourism industry to genuinely improve and enhance its product offerings during this time and by doing so increase Tasmania’s destination appeal.
Initiatives that are supported under this scheme will contribute to achieving the identified priorities of the T21 Visitor Economy Action Plan 2020-22.
This includes, for example, championing entrepreneurialism and innovation in new products and experiences that reinforce and enhance the Tasmanian brand and competitive strengths.
Review the program guidelines and start your application on the website here.