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In 2008, the Tourism Development Fund program was launched as a formal application-based program. It is a cost-sharing program designed to provide non-capital, project-based funding that encourages the development of innovative new tourism products that are provincial or multi-regional in scope, and to support investment attraction and industry capacity building. The program provides funding to organizations, municipalities, national and/or provincial industry sector associations, and businesses to:
Note: The Tourism Development Fund program is a discretionary, non-entitlement program with a limited funding allocation. In some instances a project that meets all program criteria may not be approved for funding as other projects may more effectively meet the criteria.
To be eligible for Tourism Development Fund program funding, the project must meet all of the following eligibility requirements:
Each application must confirm compliance with the above Eligibility Requirements. Applications that fail to do so will be deemed ineligible.
Eligible applicants need to demonstrate proven organizational ability, technical capacity and fiscal prudence to successfully manage and deliver the project. This includes the applicant’s capacity, proven track record, financial stability and tourism business expertise.
Funding will be provided only to legal entities. Examples include those that are established by or under legislation; are federally or provincially incorporated; are band councils established under the Indian Act, Canada or other Aboriginal organizations that are incorporated; proof of registration in Canada or another jurisdiction.
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.
Will assist not-for-profit organizations, national and/or provincial industry sector associations, municipalities, and businesses to develop quality tourism products, encourage the competitiveness of our tourism sector organizations, stimulate increased tourist attendance and expenditures, and encourage private sector tourism investment in Ontario.
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