Press Release: Local businesses could be in line for tourism funding
Rotorua MP Todd McClay says more local businesses could be in line for tourism funding following the Tourism Growth Partnership funding launch today.
A further $8 million per annum is being made available on a matched contribution basis to boost innovation and lift productivity in the tourism sector.
The Tourism Growth Partnership is a contestable co-investment fund that allows the Government to work in partnership with the tourism industry. Eligible co-investors may be individual businesses, local iwi, or other industry associations.
“I’m encouraging local operators to make applications to the Tourism Growth Partnership, to expand our local industries and attract more visitors here. This will mean more economic activity in our region, and ultimately more and better paying jobs for local people” says Mr McClay.
“Over the last 18 months $575,000 from the fund has been invested in Rotorua’s tourism industry. Last year $225,000 was allocated to upgrade Skyline Gravity Park allowing Rotorua to host the hugely successful Crankworx mountain bike festival.
“In February this year, $350,000 was announced to explore options to develop a world class spa and hotel complex along the lakefront. Once completed, this will be a huge boost to our local economy and be an asset for Rotorua’s tourism industry.
"There are a number of exceptional businesses around Rotorua who could benefit from this Partnership to drive greater productivity and innovation in the tourism sector. I encourage them to make an application” says Mr McClay.
Applications for funding are now open. More information is available at http://www.mbie.govt.nz/info-services/sectors-industries/tourism/tourism-growth-partnership.