Project Cost Subsidy from the Tourism Promotion Fund
Grants for commercial tourism enterprises in Styria to improve quality in renovations and expansions, operational infrastructure, energy savings, safety measures, and digitalization. Applications must be submitted before the start of investment, ongoing without time limit.
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Grant criteria
Funding objective
Grants are awarded to commercial tourism enterprises for quality improvements in the context of conversions and extensions, investments in operational infrastructure, energy-saving measures, safety measures, the use of new organizational and communication technologies, and capacity adjustments in the area of beds/seating.
Eligible expenses
- Conversions and extensions
- Investments in operational infrastructure
- Energy-saving measures
- Safety measures
- Use of new organizational and communication technologies
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Non-eligible expenses
- Replacement investments without quality improvement (repairs, maintenance)
- Acquisition of operating resources (goods, materials)
- Purchase of undeveloped land
- Taxes and contribution payments
- Operating costs
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Eligible to apply
- Companies
Funding requirements
- Required business license for the investment location
- Operating site in Styrian tourism municipalities
Documents required for application
- Project cost subsidy application
- Detailed project description
- Cost breakdown
- Permanent trade license or trade register excerpt
- Lease or rental agreement
- Financing commitment and loan agreement or proof of own funds
- Balance sheets and income statements of the last two financial years with list of attachments
- Articles of association for companies
- Necessary permits (e.g., building permit)
Evaluation criteria
- Economy, efficiency, and appropriateness
- Fulfillment of quality improvement and market requirements
- Positioning within the overall tourism concept
- Use of regional products
Description
The project cost subsidy from the Tourism Promotion Fund supports commercial tourism enterprises in all Styrian tourism municipalities with direct financial assistance aimed at sustainable quality enhancement. Funded measures include conversions and extensions, modernization of guest rooms, dining areas, sanitary facilities, and staff areas, as well as barrier-free adaptations. Investments in operational infrastructure areas (e.g., health, sports, culture), energy savings, and safety measures (fire protection) are also eligible for funding. Furthermore, the use of new organizational and communication technologies as well as capacity adjustments in beds and seating are rewarded. The subsidies range between four and fifteen percent of the eligible costs, depending on the degree of fulfillment of the criteria. Continuous application submission is possible, provided that it occurs before the start of the investment and the required trade license is available at the investment location.
Small and medium-sized enterprises in the tourism sector with an existing trade license can submit comprehensive project documentation including a cost breakdown, proof of financing, balance sheets of the last two fiscal years, and necessary approvals. Selection is based on the thriftiness, economic efficiency, and appropriateness of the investments, alignment with regional market requirements, and integration of regional products. After project completion, the payment is released based on invoices and payment receipts as well as a summarized Excel statement. This targeted funding strengthens leading tourism enterprises, increases competitiveness, and secures jobs in Styria in the long term.