Growing Future Tourism Fund doubles to $30 Million
Posted on November 28th, 2023
New tourism attractions and experiences across the state will be fast-tracked thanks to an additional $15 million boost for the popular Growing Future Tourism Fund.
Speaking at the tourism sector’s major industry event DestinationQ in Cairns, Premier Annastacia Palaszczuk told the 700 attendees the Growing Future Tourism Fund would double to $30 million, creating a pipeline of private tourism infrastructure.
Demand for funding in the initial round earlier this year exceeded expectations and identified a large number of exciting new tourism infrastructure projects.
The Growing Future Tourism Fund supports applicants with matched funding to accelerate project completion, ensuring a minimum $60 million investment across the state and supporting construction jobs, as well as increasing overnight visitor expenditure and ongoing tourism jobs.
Growing Future Tourism (GFT) provides financial support to eligible Queensland tourism operators, not-for-profit organisations and local governments to deliver new and enhanced tourism infrastructure or experiences in:
- coastal and marine tourism
- heritage and cultural tourism
- ecotourism and sustainability.
Round 1 of the program has closed. Round 2 will open for applications in the first quarter of 2024.
Growing Tourism Fund – www.dtis.qld.gov.au/tourism/funds/growing-future-tourism
