ACT Government’s Tourism Product Development Fund Supports 15 Local Businesses
The ACT Government’s Tourism Product Development Fund has announced its support for 15 local businesses this year, providing them with a share of nearly $500,000 in funding to enhance their offerings to customers.
Developing Better Visitor Experiences
The fund aims to promote co-investment in the tourism, hospitality, and events sectors, focusing on infrastructure, products, and experiences. By improving visitor experiences in Canberra, the local economy can receive a boost and new job opportunities can be created. Additionally, this initiative helps elevate Canberra’s reputation as a premier tourism destination.
Growing Beltana Farm
One of the successful recipients of the Tourism Product Development Fund this year is Beltana Farm, located in Pialligo. The farm will receive $100,000 to support its expansion plans, including the development of a truffle-focused shop and a training and tasting room. Owner Alice O’Mara expressed her gratitude for the funding, stating that it will allow the farm to offer engaging experiences, curated tastings, and a boutique shopping experience featuring local produce.
Wide Range of Recipients
Other recipients from this funding round include:
- Canberra Glassworks – $10,000 for a public sound system upgrade
- National Capital Educational Tourism project – $50,000 for The Dinosaur Museum and Canberra Glassworks additions to the Book Canberra Excursions platform
- High Country Hikes – $11,000 for a new walking tour vehicle
- Gang Gang Cafe – $38,659 for outdoor dining infrastructure improvements
- Abode – The Apartment Hotel Murrumbateman – $25,000 for a conference space development
- Yarralumla Play Station – $30,000 for ‘The Canberra Maze’ construction
- Share-A-Bike – $35,000 for Lakeside Bike Hire pop-up facility
- Wilma – $20,000 for Canberra Region Wine Room establishment
- Australian Outward-Bound Foundation – $10,000 for a larger transportation bus
- Capital Brewing Co. – $25,000 for outdoor seating structure enhancement
- Canberra Racing Club – $25,000 for Wi-Fi installation at Thoroughbred Park
- Lunetta Trattoria – $20,000 for Red Hill kiosk revitalization into a wine bar
- Midnight Hotel – $20,000 for the ‘Mark’ art hub establishment
- The Truffle Farm – $80,000 for an additional luxury cabin construction
The Fund’s Background
Established in 2021 to aid in the recovery of Canberra’s tourism sector post-COVID, the Tourism Product Development Fund has been instrumental in supporting local businesses and revitalizing the local visitor economy. Over the past three years, the program has invested over $4 million in total funding (including matched contributions from recipients). Past recipients include a diverse range of businesses, from distilleries and wineries to educational and outdoor adventure facilities.
Conclusion
The ACT Government’s continued commitment to supporting local businesses through the Tourism Product Development Fund showcases its dedication to fostering growth and innovation in the tourism industry. By investing in infrastructure and experiences that enhance visitor satisfaction, Canberra solidifies its position as a premier destination for tourists and locals alike.
FAQs
How can businesses apply for funding from the Tourism Product Development Fund?
Businesses interested in receiving funding from the Tourism Product Development Fund can typically apply through a formal application process outlined by the ACT Government. This process may involve submitting proposals detailing how the funds will be utilized to enhance visitor experiences and support the local tourism sector.
What are some key criteria for businesses to qualify for funding?
Businesses seeking funding from the Tourism Product Development Fund may need to meet specific criteria set by the ACT Government, such as demonstrating a commitment to enhancing visitor experiences, contributing to the local economy, and aligning with the overall goals of the fund to promote tourism growth in Canberra.