TOURISM AND ENTERPRISE
New bids invited for Tourism Innovation Fund
Round five of the Tourism Innovation Fund (TIF), which provides matched funding of up to £30,000 and professional one-to- one advice to help develop and commercialise the very best innovative tourism ideas, is open until 30 September 2010. TIF support is allocated by Scottish Enterprise through a competitive judging process. Successful projects will demonstrate industry-level tourism innovation combined with a real potential to achieve significant business growth (for example, generating higher tourism spend; increasing overnight visitor numbers; getting visitors to stay
longer, or extending the season outwith peak months).
The innovative idea could be based on a product, service or business process. Financial support from TIF can contribute to costs incurred in the development of an idea (for example, market research, producing samples, feasibility studies or preparing for market launch). Further information, including application forms, can be found on the Scottish Enterprise website. The fund is only available within the Scottish Enterprise area, and those members within Highland & Islands Enterprise area should contact them for further
Traquair House in Innerleithen
information on innovation support. Another funding stream available for collaborative projects is the VisitScotland Growth Fund, which is part-funded by the European Union and is designed to support tourism groups throughout Scotland in marketing their products and services to maximum potential.
The fund is open to national, regional and local groups to help them reach new target markets
and increase visitor numbers. Activity which is eligible for funding includes website design and development (up to 50 per cent of costs), direct mailing and trade event and exhibition attendance.
Further information on the Growth Fund can be found at
www.visitscotland.org/business _support/business_resources/ funding_opportunities/growth
_fund.aspx
LANDBUSINESS ISSUE 36 JUNE-JULY 2010
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