Investment Opportunities for Tourism Businesses

Are you thinking of upgrading your tourism business over the winter months? If so, you may be eligible for support

The Tourism Investment Support Scheme (TISS) is available to support all tourism businesses in Wales investing  in capital expenditure improvements to raise quality standards and add new capacity where the plan is to grow your business and the tourism economy of Wales.

Who can apply?

TISS is open to all tourism businesses, anywhere in Wales.

What level of support can we provide?

We can support projects between £5k and £500k. Assistance is normally considered up to 25% of eligible projects costs, but this can be exceeded where a higher level of support is needed to make the project happen.  We will also prioritise those projects that can create or safeguard jobs.  As a guideline TISS operates at £12,500 (support) per full time equivalent job created/safeguarded.

How to apply?

It’s quick and easy to apply. All you need to do is complete an introductory questionnaire and if you’re successful we’ll ask you to complete an application form. We’ll be able to give a quick decision usually within 30 days from receipt of a complete application.  If you have a project that you can press on with in the New Year in readiness for 2014 now is the time to ask us the question.

Get in touch

We’re on hand should you like a chat to find out more about tourism funding options. Contact us at tiss@wales.gsi.gov.uk or call us on 0845 010 8020.

Wedi ei bostio ar Dydd Gwener 27th Mehefin 2014