To search a database of grants, loans or financing programs relating to Tourism businesses, available from all levels of government, visit The Funding Portal. Some of the programs most beneficial to this sector are outlined below.
Ministry of Jobs, Tourism and Skills Training offers free workshops for stakeholders, WorldHost customer service training, access to market research for tourism operators, content for travel media, and marketing & promotional opportunities for businesses via the British Columbia Magazine and HelloBC website. The Ministry is also working with other levels and areas of government on key policy areas such as improved air access, border crossings, signage, and land decisions and processes, in order to identify and reduce regulatory barriers that inhibit tourism business growth.
Small Business Venture Capital Program Tourism is one of the five business activities which qualify under the Ministry of Jobs, Tourism and Innovation’s Small Business Venture Capital Program. Through the program investors can claim a 30% tax credit on investments made in Eligible Small Businesses, up to a maximum of $60,000 per year.
Sport Hosting Incentive Grant Program provides funding to assist provincial, national and international sport organizations host their sporting events and meetings in Richmond. Funding is also available at the Provincial and Federal Government levels.
Canadian Signature Experiences can market their product through the Canadian Tourism Commission, by applying to have it included in the Canadian Signature Experiences collection. Benefits include marketplace credibility, worldwide recognition, peer recognition, increased sales, increased marketing by the CTC and its in-market reps, increased packaging or cross-promotion opportunities, and more.
Tourism Richmond is funded primarily by a hotel tax added to visitors’ accommodation bills and undertakes destination marketing and visitor servicing activities to increase tourism revenues to the community and businesses. Tourism Richmond runs a visitor centre, undertakes co-op marketing campaigns, builds and markets the Richmond brand, and provides industry education.
Temporary Work Visas for Foreign Workers allows tourism employers to hire foreign workers under these temporary working visas through Human Resources and Skills Development Canada.
Provincial Nominee Program accelerates the Permanent Resident application process for workers who want to settle in B.C. permanently. It allows nominees to apply for Permanent Resident status through Citizenship and Immigration Canada (CIC) under the fast-tracked Provincial Nominee stream. Tourism is one of 3 key industry sectors chosen to allow entry level and semi-skilled workers to access this program.
Use our Funding Portal to search a database of all grants, loans and financing available to Tourism businesses.