Support, Recovery and Re-set Plan for tourism businesses

Do you run a tourism business in Queenstown Lakes District, Southland District, Kaikōura District, Mackenzie District, or Westland District?

You may be eligible for a new round of funding under the Support, Recovery & Re-set Plan.

There are three initiatives:

• Business Advisory Support – $10 million for Business Advisory Support (up to $5,000 per business) to enable businesses to receive expert advice and support, such as whether to change their business to target a different market, down-scale their tourism business, or exit the market.
• Advice Implementation Grant – $10 million in grants for businesses to implement the advice received through the Business Advisory Support fund, or satisfactory alternative provider (up to $5,000 per business).
• Tourism Kick-start Fund – $49 million Tourism Kick-start Fund to help prepare existing tourism businesses for the return of international visitors.

Eligibility criteria

A business must:

1. Be physically based within Queenstown Lakes District, Southland District, Kaikōura District, Mackenzie District, or Westland District.
2. Be a GST registered business, or GST registered prior to COVID-19.
3. Be a tourism business, which is defined as a business where at least 50% 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.
4. Not have received Strategic Tourism Assets Protection Programme funding.

And in addition for the Tourism Kick-start Fund:

1. Have engaged in hibernation-like activities, for example: reduced opening hours, level of services, customers, or business capacity due to COVID-19. Compared to 2019/20 financial year, a business must have experienced a drop in annual revenue of at least 50%.
2. Have a minimum annual revenue of $60,000 pre-COVID-19 (2019/20 and 2020/21 financial years)

We can help

As a registered provider, McClean and Co are able to help your business with advisory support. If you wish to apply, you will need to start by registering with Regional Business Partners – new RBP customers should register on their website; existing RBP customers should email support@otagorbp.co.nz  (mention your existing relationship with McClean & Co). Or get in touch with us to find more.

Read more about the Tourism Support, Recovery & Reset Plan (MBIE)