🏠 | Federal | Elevate Tourism Initiative

Elevate Tourism Initiative

Maurice
By Maurice | May 1, 2025

Amount:

no fixed amount

Type:

Loan

Description:

Through Elevate, the Government of Canada will increase commercial tourism investments in Atlantic Canada to $25 million over 2 years (ending March 31, 2026). This repayable initiative, sourced from ACOA’s existing budget, further demonstrates the federal Government’s commitment to investing in the region’s visitor economy, backing up Canada’s Federal Tourism Growth Strategy with real action​.

Deadline:

Continuous Intake

Eligibility:

Applicants must be private sector (commercial) tourism SMEs that want to increase yield and/or reach new visitor markets and want to make investments to achieve this goal.

Application Steps:

Applicants must contact ACOA Business Information Services (BIS) at 1-888-576-4444 and then complete the relevant application form. The agents at BIS can help you submit your project or find other available solutions.

Documentation Needed:

No specific documentation has been identified.

Web Page:

https://www.canada.ca/en/atlantic-canada-opportunities/services/elevate-tourism-initiative.html
Maurice

About the author

Maurice
Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Atlantic Canada to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.