Regional Hospitality Revival Fund

What is the Regional Hospitality Revival Fund?

The Regional Hospitality Revival Fund is a program that provides one-off rebates to regional hospitality businesses to help them undertake activities that drive visitation to regional areas.

Background

The Regional Hospitality Revival Fund aims to assist hospitality businesses in regional areas, and is open to eligible hospitality businesses located outside greater Hobart and Launceston. Businesses physically located in the greater Hobart or Launceston areas are not eligible to apply. A full list of ineligible postcodes is included in the guidelines.

The Regional Hospitality Revival Fund is not a competitive grant program, and applications will be assessed in order of receipt against the eligibility criteria through a two stage process:

Stage one – Registration
Stage two – Provision of rebate

Applicants must be assessed as eligible in Stage one to be able to receive a rebate in Stage two.

Funding

Up to $1 million is available under the Regional Hospitality Revival Fund for one-off rebate payments to assist eligible businesses up to a capped amount of $1 500 for costs associated with live performances, event staging, minor works and marketing activities that assist in driving visitation to regional areas.

Eligible Projects

Funding may be used for the costs associated with live performances, event staging, minor works and marketing activities that assist in driving visitation to regional areas.

Eligible expenditure includes:

event and/or live staging costs, including hiring a DJ and/or live band, equipment hire and decorations (excludes food and beverage purchases and business labour costs)
minor works for the venue e.g. signage, painting, purchasing new dining chairs and tables, flooring, artwork, IT equipment
marketing and promotion activities
other initiatives that contribute to the revival of the business, including staff training, new staff uniforms or upgrading, replacing or purchasing new equipment.

Eligible Applicants

To be eligible, a business must:

be a recognised hospitality business where the main function of the business is hospitality services
be based and operating within Tasmania, but physically located outside the greater Hobart and Launceston City areas
hold an Australian business number (ABN), this ABN must be for the applicant business and be continuously active from the time of submitting a stage one registration.

For the purpose of this program, to be eligible the business must offer in–house (seated) dining or drinks service (e.g. a restaurant, cafe, bar, pub, or RSL).

Hotels and motels are eligible to apply if the business has an in–house (seated) dining or drinks service.

Bottle shops, serviced apartments, sports and community clubs, short term accommodation and holiday homes (including Bed and Breakfasts and AirBnBs) are not eligible to apply.

Timing

Applications close 2 December 2021 or when funds are fully allocated, whichever occurs first.

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