Minister for Trade, Tourism and Major Events Stuart Ayres has announced the 2015-16 Regional Visitor Economy Fund (RVEF) is open to receive applications from the Regional NSW tourism industry.
Mr Ayres said the funds available for the 2015-16 financial year total $7.2 million, which is part of the $21.6 million record funding commitment announced by the NSW Government in 2012.
“Applications for the 2015-16 RVEF are now open to industry, Local Government and Regional Tourism Organisations and I encourage our NSW regions to apply for this development opportunity which supports regional tourism in NSW,” Mr Ayres said.
“The RVEF, administered by our tourism and major events agency Destination NSW, provides investment into the regional visitor economy on a matched dollar-for-dollar basis, and supports projects that contribute to achieving our goal of doubling overnight visitor expenditure to NSW by 2020.”
Destination NSW Chief Executive Officer Sandra Chipchase said the RVEF includes two funds, a Contestable Fund and a Quarantined Fund, and applications can be submitted for product development and marketing activities.
“Of the $7.2 million available, $3.7 million will be quarantined for Regional Tourism Organisations’ applications and $3.5 million will be available for industry, Local Government and Regional Tourism Organisations to contest,” Ms Chipchase said.
“This initiative provides the regional tourism industry with a sustainable platform to help boost economic growth within their communities and I encourage all NSW tourism operators and organisations to submit their applications as soon as they can so they don’t miss out.”
Further information on the Regional Visitor Economy Fund, including Program Guidelines, Application Examples, Frequently Asked Questions and the RVEF Application Form, are available on the Destination NSW website
Applications for round one of the 2015-16 Contestable Fund will close COB Friday 12 June 2015. Applications for the Quarantined Fund will close COB Monday 30 November 2015. All applications must be submitted using the online application form.