1. Types of finance
For general information and advice about finding finance and choosing the right type go to the main Business Wales website.
For tourism funding specifically, our main investment fund is the Wales Tourism Investment Fund (WTIF) and Brilliant Basics.
You can view details of historic funding schemes and projects that have received investment from the Welsh Government on the projects supported page.
2. Brilliant Basics Fund
Brilliant Basics is a capital fund to deliver small-scale tourism infrastructure improvements across Wales.
Who can apply?
This year’s scheme is open to:
- Local Authorities
- National Park Authorities
The objectives of the fund are to:
- Invest in small infrastructure projects that benefit both communities and visitors in strategically important tourism locations.
- Develop high quality infrastructure projects that support the wider tourism offer in destinations giving visitors a memorable experience throughout their stay.
- Support basic facilities to remain open all year and cater for visitors well into the evening.
For this round of funding, the priority is focused on 4 key areas:
- Alleviate pressure points. Find infrastructure solutions to overcome pressure on areas as a result of increased visitor numbers.
- Environmentally sustainable destinations. Develop new or transform existing infrastructure to make the destination more environmentally sustainable, thereby helping to reduce the carbon footprint.
- Inclusive Tourism / Accessibility. Support projects that remove obstacles and barriers within a destination and improve access to facilities for all.
- Enhancing national products, for example, projects that enhance and raise the profile of the Wales Coast Path.
Level of funding Available
This is a capital fund. Revenue costs are not considered.
Total grant available is £300,000 with a maximum intervention rate of 80%. There is no minimum grant amount.
Timescale for delivery
For this round of Brilliant Basics applicants will be given additional time to deliver projects (if required). If you are successful at EOI stage (stage 1) you will be invited to submit an application (stage 2). Applicants will be informed if their stage 2 application is successful w/c June 26th 2023. Full spend must be incurred and claimed by 31 March 2025. The project will be financed across 2 financial year budgets and will therefore need to clearly demonstrate a cost profile for 2023-24 and 2024-25.
Further Information is available on request from RegionalTourism@gov.wales.
The closing date for this round was 16 March 2023.
3. Wales Tourism Investment Fund (WTIF)
Purpose of fund
What will it fund?
Who is eligible?