🏠 | Prince Edward Island | Seasonal Extension Tourism Product Development Fund

Seasonal Extension Tourism Product Development Fund

Amount:

$7,500

Type:

Grant

Description:

The goal of the program is to incentivize tourism operators to create and develop inspired ideas and new product offerings that will support tourism across PEI and grow Prince Edward Island as a multi-season tourism destination.

Deadline:

May 31, 2025

Eligibility:

Applicants must be:

1. from either the for-profit or not-for-profit sectors as well as a member of the RTA/DMO to which the application is addressed.
2. given to tourism business/organizations that are open a minimum of two weeks longer than any previous three years of operation, or each year open if operational for less than three years.
3. A year-round tourism operators may be eligible the application clearly conveys how the new product offering will meet program goals.
4. A tourism establishment must be licensed under the Tourism Industry Act as hotel, motel, bed and breakfast, inn, resort, cottage operation or campground,
a. establishment must be used for business activity and not, whole or in part, for primary residential purposes, unless operation is a bed & breakfast or inn.
b. for a cottage operation, the owner must have more than one cottage unit.
c. a bed & breakfast or inn, where the owner resides to assist with operations, must have a minimum of three (3) guest bedrooms with each having a minimum of one semi-private bathroom assigned for the exclusive use for no more than two (2) parties.
5. Business owners and not-for-profit organizations must contribute a minimum of 15% of total project cost.
6. Marketing expenses related to the funded project are eligible.
7. Business owners and not-for-profit organizations are responsible for all financial risk associated with the initiative.
8. Business owners and not-for-profit organizations must meet all requirements of all federal and provincial legislation and municipal by-laws.

Application Steps:

Applicants must submit a one-page application to their regional DMO or RTA with the following information:

description of proposed initiative,
intention to package other winter assets (if applicable),
benefit to tourism development in the non-peak season, and
proposed budget.

Documentation Needed:

Applicants must submit:

1. One-page application that describes the proposed initiative, intentions to package other spring/winter/fall assets with the funded project (if applicable), how it will benefit tourism development in the non-peak season and the budget.
2. proof of being open at least two weeks longer than any previous three years of operation, or each year open if operational for less than three years,
3. Budget proposal

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.