Grant

Promotion of Quality Improvement in Accommodation Establishments

Funding of investments from €25,000 in commercial accommodation establishments in Vorarlberg for modernization and quality improvement. Applications can be submitted at any time before the project starts.

Business Financing

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Grant criteria

Application Deadline:
01.07.2013
Application level: Advanced
Region: Vorarlberg
Company size: Small and medium-sized enterprises
Funding amount: 10% of the eligible investment costs, up to a maximum of €25,000
Funding rate: 10%

Funding objective

Support for investment projects aimed at improving quality in accommodation establishments in order to maintain and strengthen their competitiveness.

Eligible expenses

  • Conversions and extensions
  • Modernization of guest rooms and dining areas
  • Investments in operational infrastructure
  • Expansion of conference and congress rooms
  • Measures for significant reduction of energy consumption
  • Show more

Non-eligible expenses

  • Acquisition of land and buildings
  • Purchase of vehicles of all kinds
  • Purchase of used capital goods
  • Procurement of operating resources

Eligible to apply

  • Companies

Funding requirements

  • Commercial accommodation business in the tourism and leisure industry sector of the Vorarlberg Chamber of Commerce
  • Business premises must be located in Vorarlberg
  • Company is considered a small or medium-sized enterprise within the meaning of the EU definition

Documents required for application

  1. Detailed project and company description
  2. Detailed cost breakdown
  3. Credit institution statement in case of external financing
  4. Balance sheet analyses of the last 3 financial years
  5. Business profitability calculation
  6. Company register excerpt or business license

Description

The funding for quality improvement in commercial accommodation establishments in Vorarlberg supports small and medium-sized enterprises in the tourism and leisure industry sector with investments starting from €25,000 in modernization and expansion projects. The goal is to sustainably enhance the performance and competitiveness of the businesses through measures such as conversions and extensions, modernization of guest and dining areas, investments in infrastructure to improve the quality of stay, as well as expansions of conference and congress facilities. Also eligible for funding are energy-efficient renovations, fire protection measures, disability-friendly adaptations, and child-friendly facilities. Excluded are the acquisition of land, used capital goods, vehicles, and operating resources.

Companies whose business premises are located in Vorarlberg and that are classified as SMEs according to the EU definition can apply for a grant of 10% of the eligible costs – up to a maximum of €25,000 – at any time before the project starts. The guideline has been in effect indefinitely since 01.07.2013 and is continuously implemented. Requirements include a detailed project and company description, a cost breakdown, if applicable a credit institution statement, balance sheet analyses of the last three years, a business profitability calculation, as well as an extract from the commercial register or trade license. The processing is carried out by the Office of the Vorarlberg State Government, Department of General Economic Affairs (VIa), and includes an audit through final accounting. This continuous financing option strengthens the regional tourism structure and promotes forward-looking investments in Vorarlberg.

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