West Coast Experience Loan Fund TAS


The West Coast Experience Loan Fund provides new or existing tourism businesses on the west coast of Tasmania with interest-free loans.
Open
Application detail:

Applications may be made at any time.

 
What do you get?

Interest-free loans of up to $100,000.

Who is this for?

Tourism businesses on the Tasmanian west coast.

Overview

West Coast Experience Loan Fund provides new or existing tourism-based businesses on the West Coast of Tasmania with interest-free loans to help them start and build sustainable businesses. The loans are intended to support the region, create economic activity and new employment opportunities for local communities.

Interest-free loans of up to $100,000, to fund up to 50% of the project's total eligible costs are available.

No repayments are required in the first two years but it is expected that the loan will be fully repaid within five years.

What are the eligibility criteria?

To be eligible, you must have an existing, or be starting a new, tourism-based venture in a West Coast local government area of Tasmania.

Additionally, your tourism venture must:

  • be able to start commercial operations within six months of the loan approval
  • create increased visitation
  • aim to create new jobs and generate new investment in the region

Find out more about the eligibility criteria at West Coast Experience Loan Fund.

How do you apply?

Find out more about how to apply at West Coast Experience Loan Fund.