What is the COVID-19 International Tourism Adaptation Grant?
COVID-19 International Tourism Adaptation Grant is a program that will assist the business to pivot to a domestic market or hibernate until international markets reopen.
The $5 million COVID-19 International Tourism Adaptation Grant program is a key element of the Queensland Economic Recovery Strategy: Unite and Recover for Queensland Jobs to help accelerate the State’s recovery from COVID-19.
This funding boost aims to support regional Queensland tourism businesses that have suffered losses of income because of the international travel restrictions as a result of the COVID-19 pandemic. The tourism business headquarters must be located in Queensland and primarily operate outside the Greater Brisbane Area of Brisbane City Council, Redlands City Council, Logan City Council, Ipswich City Council and Moreton Bay Regional Council boundaries.
The key objectives of the COVID-19 International Tourism Adaptation Grant program are to assist tourism businesses to:
- pivot their product, service and/or marketing to a domestic tourism market
- meet operating costs while the business hibernates until international markets reopen.
Grants from a minimum of $2,000 to a maximum of $10,000 (excluding GST) are available to tourism businesses in regional Queensland who can demonstrate they have suffered losses of income because of the international travel restrictions.
The following activities are examples of how the grant funding can be spent:
- tourism experience design and development activities including training, which are aimed at enabling the business to respond to a new market (e.g. from an international to a domestic tourism market)
- pivoting of the tourism business focus from the international market to the domestic tourism market including tourism marketing and promotional activities, tourism trade engagement and retail partnerships
- contributing towards operational costs to hibernate the tourism business while Australia’s borders are closed to international visitors.
An applicant must own an eligible tourism business that meets the following eligibility criteria:
- have an established operating base in regional Queensland with an international tourismrelated focus
- have a valid Australian Business Number (ABN) active as at 1 February 2020
- be registered for GST
- headquarters be located in Queensland and operate outside of the Brisbane City Council, Redlands City Council, Logan City Council, Ipswich City Council and Moreton Bay Regional Council boundaries
- have suffered losses of income because of international travel restrictions and border closures due to COVID-19. A short narrative of the impact on the business with supporting information will be required
- have fewer than 200 full time equivalent employees as at 1 February 2020
- have an annual turnover of more than $75,000 for the 2018/19 or 2019/20 financial year, or for recently commenced businesses that hadn’t worked for the full financial year, be able to provide financial records to show that a proportionate amount of the annual turnover was met for the period of the financial year they operated.
Applications close once all funding has been allocated.