SA Govt Tourism Industry Development Fund – Another $2 million injection of funds added today

The South Australian Government recognises the huge impact that COVID-19 has had on the tourism sector across regional South Australia. The Tourism Industry Development Fund is designed to support and stimulate private sector investment in new and improved regional accommodation, and the development of quality tourism product and experiences.

Through the South Australian Tourism Commission, the State Government is committing $20 million to the Tourism Industry Development Fund over two years to support regional tourism in South Australia.

The total number of successful applications to date is 21 – with a combined project value of nearly $14.9 million and grant amount of $3.7 million.

One of the key priorities highlighted across all regions in the South Australian Visitor Economy Sector Plan 2030, and the aligned South Australian Regional Visitor Strategy, identified that regional development such as new and refurbished accommodation, and improved tourism products and experiences are key strategic pillars to grow regional tourism.

The Tourism Industry Development Fund aims to:
• Improve tourism infrastructure and experiences that appeal to target markets
• Grow economic benefit via increased visitor expenditure
• Create new jobs and develop skills
• Encourage further development by the private sector in infrastructure and visitor facilities
• Encourage businesses to working collaboratively
• Implement sustainable business practices.

Applicants can seek grants from $20,000 to $500,000 (excluding GST) with a maximum of 30 per cent State Government grant of the total project value.

There are two streams in the Tourism Industry Development Fund,

Stream 1: Regional Infrastructure

Stream 2: Regional Product & Experience Development

For further information visit: https://tourism.sa.gov.au/support/tourism-industry-development-fund

Applications close at 5.00pm Thursday 31 March 2022 or until all funds have been allocated