Failte Ireland Large Tourism Projects Grant Scheme Launched

Capital Support to the value of €65m available

Failte ireland capital support

Failte Ireland has recently launched its Grants Scheme for Large Tourism Projects (for capital support grants above €200,000).

What is it?

The €65m Capital Investment Supports scheme, which will run from 2016-2020,  is designed to encourage innovation to support the long-term sustainable development of tourism experiences and attractions across Ireland. The funding  is drawn from Fáilte Ireland’s overall capital fund, which will total 125m over the next seven years.

The programme has been designed to support large tourism projects with significant economic potential and the ability to:

> Boost overseas visitor growth
> Create jobs
> Promote Fáilte Ireland’s existing destination brands – the Wild Atlantic Way, Ireland’s Ancient East and Dublin: a Breath of Fresh Air.

What’s available? 

Under the scheme, capital support grants in excess of €200k and up to a maximum of €5m will be available.

Who’s eligible?

The scheme is open to applications from the public, private and voluntary sectors including community groups and support for commercial projects.

When can I apply? 

The Capital Investment Supports for Large Tourism Projects initiative will be a rolling programme . The scheme will run until 2020.

The initial deadline for 2016  is Thursday 18th of August at 12 noon. The scheme will then open again in January 2017 on a rolling basis and will run until 2020.

This capital support scheme takes an innovation-friendly and outcome-led approach to financial support. Rather than being prescriptive in terms of the types of projects eligible for funding, the scheme instead emphasises the desired development outcomes. It invites applications from potential projects which will help to deliver those outcomes.

Addressing this focus on outcomes, Fáilte Ireland CEO, Shaun Quinn emphasised:

“This support is central to the future development of the tourism sector.  If we are to compete internationally as a compelling destination, we need to think big. Therefore, we wish to fund a number of big projects around the country which have the scale, the strength and the appeal to attract many more overseas visitors to our shores. We are also anxious to fund attractions and projects across all our destination brands and, ideally, we will have a good level of applications from all parts of the country.”

 

How do I apply for capital support? 

This is a capital supports scheme and all application guidelines are here: http://www.failteireland.ie/Supports/Identify-Available-Funding/Grants-Scheme-for-Large-Tourism-Projects.aspx for details. Applicants for funding under the Grants scheme for Large Tourism Projects should clearly demonstrate the capacity of their proposal to deliver on a number of economic development outcomes and experience development outcomes, all of which are set out in these guidelines.

There is a two-step application process. 

If you have a proposal and wish to receive a copy of the application form, please contact capital@failteireland.ie and include:

> a brief description of your proposal
> your location;
> your contact details.

A member of the team will then get in contact to issue you with a copy of the application form.

Information Sessions

Failte Ireland are putting on a number of free informations sessions about the grants scheme, covering the background and context to the scheme, application guidelines, State Aid rules and timelines.  Dates as follows:

Kilkenny – Friday 8th July, Newpark Hotel (10am – 12pm)
Killarney – Monday 11th July, Malton Hotel (10am – 12pm)
Donegal – Thursday 14th July, Harvey’s Point Hotel (10am – 12pm)
Athlone – Thursday 14th July, Radisson Hotel (10am – 12pm)
Carrickmacross – Thursday 14th July, Nuremore Ho0tel (3pm – 5pm)
Galway – Friday 15th July, Salthill Hotel (10am – 12pm)
Cork – Monday 18th July, Cork International Hotel (11am – 1pm)
Dublin City – Monday 18th July, Radisson Blu Golden Lane (2pm – 4pm)


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