The Tourism Kick-start Fund available for eligible businesses is between a minimum of $10,000 to a maximum of $50,000 per business operation (excluding GST). This grant is a contribution to increasing your level of service in preparation for the return of international visitors and should not be relied upon to sustain your business.
The grant will be calculated based on two weeks of pre-COVID-19 revenue set at two weeks of annual revenue for either the 2018/19 OR 2019/20 financial year.
- If your revenue in 2019/20 financial year was $60,000-$260,000, you would receive $10,000.
- If your revenue in 2019/20 financial year was more than $260,000, you would receive two weeks revenue up to a maximum of $50,000.
The Tourism Kick-start Fund provides one grant per business operation/site and that business operation/site needs to apply to the Lead Entity for the district they are physically based in.
Your business must:
- Be a GST registered business, or GST registered prior to COVID-19 (either the 2018/19 OR 2019/20 financial year);
2. Have a New Zealand Business Number (if you do not have a New Zealand Business Number, you can register here: https://www.nzbn.govt.nz/get-an-nzbn/);
3. Be operating in a commercial environment;
4. Be a privately‐owned business or Māori Trust or incorporation under the Te Ture Whenua Māori Act 1993 or similar organisation managing Māori assets under multiple ownership;
5. Be a tourism business, which is defined as a business where at least 50 per cent of its operational output is purchased by tourists (domestic or international), for example: Accommodation, Arts and
Recreational Services, Food Services, Transport Services or Retail Trade. This can include service businesses whose output is purchased by tourism businesses;
6. Be physically based within at least one of the five communities: Queenstown Lakes District, Southland District, Kaikōura District, Mackenzie District, or Westland District (one grant per business
7. Have engaged in hibernation-like activities, for example: reduced opening hours, level of services, customers or business capacity due to COVID-19. Compared to either the 2018/19 OR 2019/20 financial
year, a business must have experienced a drop in annual revenue (post-COVID) of at least 50 per cent;
8. Have a minimum annual revenue of $60,000 pre-COVID-19 (either the 2018/19 OR 2019/20 financial year);
9. Not have received direct Government tourism support from the Strategic Tourism Assets Protection Programme; and
10. Pass a viability test demonstrating that the business will remain viable and operating up to and beyond the border re-opening. This can be discussed with one of your Lead Entity’s Growth Advisors.
Charitable Trusts, Incorporated Societies, Non-business entities, Local and Central Governments are ineligible.
Businesses with multiple sites
Businesses with more than one site (i.e. as part of a chain) would only be eligible for the business operation/site that is physically based within the five communities, and each site must have separate audited financial accounts (or separate IR10 forms) to be assessed for this support. Where separate operations exist under a group structure or under one NZBN, the maximum grant available to that group would be $50,000. Please speak to your Growth Advisor for further guidance.
Applications will be assessed on a case-by-case basis as they are received to enable businesses to apply when they are ready, help spread the workflows and for budget forecasting. The pace of this assessment will be dependent on the volume of applications received for the Tourism Kick-start Fund.
What can the grant be spent on?
The Tourism Kick-start Fund can be used for some or all of the following operational activities:
- Recruitment and wages for staff
- Operating expenditure (e.g. Restocking, certification, WOF, accounting software)
- Fixed overheads (e.g. office leases)
- Repairs and maintenance directly related to scaling up business operations.
Out of scope
Tourism Kick-start Funds cannot be used for:
- Capital expenditure (e.g. purchasing computer hardware, vehicles, boats, planes)
- Any other situation where an actual, perceived or potential conflict of interest may exist, without prior written approval from the Lead Entity
- Paying off debt your business has incurred.
Payments will be made by the Lead Entity to the business on satisfactory confirmation that any conditions of funding to manage successful outcomes have been met. Exact payments timeframes will be communicated by the Lead Entity for your district.
Please attach evidence of:
- Your bank account details and third party verification (such as a bank statement or screenshot of your internet banking);
- Proof of GST registration (e.g. screenshot from MyIR accounts tab showing the word GST and your business name);
- Two years of annual financial accounts or IR10 forms (balance sheet, and profit and loss statements) for the 2019/20 and 2020/21 financial years OR the 2019/20 and 2021/22 financial years as evidence to determine eligibility and grant value;
- Sufficient working capital to scale up to continue to be a viable business; and
- Any additional information you consider necessary to support your application. Note that there is a 20MB size limit. For larger applications, please separate them into different emails.