ACOA Tourism Relief Fund Analysis ### 📋 Eligible Entities - Tourism businesses and operators in Atlantic Canada (Nova Scotia, New Brunswick, Prince Edward Island, Newfoundland and Labrador) - Small and medium-sized enterprises (SMEs) in the tourism sector - Tourism associations and destination management organizations - Community-based tourism organizations - Indigenous-led tourism enterprises - Social enterprises focused on tourism development - Cooperatives in the tourism sector - Note: Businesses must be legally established and operating in Atlantic Canada ### 💰 Funding Details Non-Repayable Contribution: - Maximum: $100,000 - Coverage: Up to 50% of total eligible project costs - Applicant must provide minimum 50% matching funds (cash or in-kind) Repayable Contribution: - Maximum: $500,000 - Coverage: Funds must be repaid according to agreed terms - Note: Specific repayment terms and interest rates not fully detailed in description; clarification recommended Total Available Per Project: Up to $600,000 combined (if both streams pursued) ### 🛠️ Approved Expenses - Tourism experience enhancement and product development - Infrastructure improvements for visitor attractions - Marketing and promotional activities to attract visitors - Digital tourism platforms and online booking systems - Visitor accommodation upgrades and amenities - Interpretive signage and wayfinding improvements - Training and capacity building for tourism staff - Equipment and technology for tourism operations - Community tourism programming and events - Accessibility improvements for tourists ### ⚠️ Conditions & Milestones - Project Scope: Must demonstrate clear tourism enhancement or visitor attraction outcomes for the region - Matching Requirement: Applicants must secure minimum 50% cost-sharing (non-repayable stream) - Community Benefit: Projects should generate measurable community and economic benefits - Timeline Compliance: Must meet agreed project milestones and completion deadlines - Reporting Requirements: Periodic progress reports and final project evaluation required - Accountability: Funds must be used as approved; any material changes require written consent - Repayment Terms: Repayable