QLD Tourism Icons Investment Fund (TIFF) Round 2

Funding between $1 million and $5 million is available
Funding is available on a 1:1 co-contribution basis.
Applicants must contribute at least 50% of total eligible project costs
Projects must commence within 3 months of funding approval and reach practical completion by 30 June 2028.
Expressions of Interest close August 10 2026.
Full Business Case invitations close October 9 2026.

The QLD Tourism Icons Investment Fund Round 2 supports significant tourism infrastructure and experience projects that will help create Queensland’s next world-class tourism attractions. The program is designed to stimulate private sector investment, bring new and enhanced tourism experiences to market, increase visitation, encourage visitors to stay longer and deliver economic and social benefits for Queensland communities.

Funding is available for large-scale attractions, ecotourism, island tourism redevelopment, sustainable tourism infrastructure, adventure tourism, agritourism, coastal and marine tourism, cultural and heritage tourism, and paleo tourism projects. The program prioritises investment-ready projects that can commence within 3 months of funding approval and be practically completed by 30 June 2028. Applicants must demonstrate secured co-funding, project readiness, tourism alignment, economic value and the ability to deliver enduring benefits for Queensland’s visitor economy.

Key Requirements

Support significant, strategic and catalytic tourism projects that attract visitors and deliver enduring economic and social benefits to Queensland communities.
Bring new and enhanced tourism experiences to market, encouraging visitors to extend their stay in Queensland and contribute further to the state economy.
Stimulate private sector investment in tourism infrastructure and experiences.
Create or rejuvenate iconic, world-class tourism attractions that improve Queensland’s tourism offering.
Align with Destination 2045 and relevant tourism strategic plans, including regional tourism plans.
Demonstrate project readiness, including secured co-funding, land tenure or consent, relevant zoning, local government support and Traditional Owner support where required.
Deliver economic benefits, including increased visitation, visitor expenditure, job creation and long-term visitor economy growth.
Become a bookable tourism product.
Commence within 3 months of funding approval and reach practical completion by 30 June 2028.
Present an acceptable risk and cost profile for government investment

What is eligible for funding?

Capital construction costs, including site works required as part of construction.
Construction of semi-permanent infrastructure.
Works that rejuvenate or uplift existing tourism infrastructure or experiences.
Production of final for-construction designs or equivalent.
Construction-related external labour.
Construction materials.
Equipment hire directly related to developing and delivering the approved project.
New large-scale attractions and experiences that increase visitation to Queensland.
Ecotourism projects.
Island tourism redevelopment.
Sustainable tourism and eco-friendly infrastructure.
Active tourism opportunities, such as adventure parks and mountain biking trails.
Agritourism projects that connect visitors with farming, food production and rural experiences

What companies are eligible for funding?

Eligible applicants include:

New or established tourism operators that can demonstrate active establishment of tourism operations in Queensland.
Applicants with evidence of land tenure, lease arrangements, or existing operations in Queensland.
Applicants that hold an Australian Business Number.
Applicants that are registered for GST at the time of application.
Not-for-profit organisations that provide a tourism service or experience.
Queensland Local Government Authorities that provide a tourism service or experience.
Consortium applicants, provided the lead partner is an eligible organisation and is responsible for the funding agreement, project delivery, progress reports and financial acquittal reports.

Applicants must also have an eligible project situated on freehold or leasehold land, have owner consent where required, have relevant zoning, align with Destination 2045 and relevant tourism plans, have in-principle support from local government and Traditional Owners where required, be investment ready and have secured co-funding.

Is this grant competitive or entitlement based?

Competitive. Your application will be assessed among other applications by a judging panel.

How can I increase my chances of winning this grant?

By engaging an accredited government grants consultant, such as Avant Group.

Competitive grants often require significant business case development and project analysis to support the application, this may include detailed presentations supporting the project’s merit, projected sales, cost-benefit analysis and more.

As part of your engagement with Avant Group, your account manager will assess the required documents and will provide the following as needed to support your grant submission.

Grant application writeup including a detailed presentation illustrating how the grant funding will contribute to your project, how the funding will contribute to the project’s budget, a project milestone plan, delivery timeline, impact on employment if applicable and a breakdown of the management and leadership team for the project

Industry analysis presentation
Competitor Analysis Presentation
Marketing and Sales Analysis Presentation
3-5 year Cashflow Forecast
3-5 year Balance Sheet Forecast
Cost-Benefit Analysis of Grant Funding
End-to-end grant application including information collating, analysis and application writing
CAPEX (Capital Expenditure) cost-benefit analysis
Stakeholder relations and Risk Mitigation Plans
Any other relevant forecasting that will support your application

How can I get help with my application? Or know if I’m likely to win funding?

Avant Group offers a no-obligation assessment of your eligibility for funding and will assess your likelihood of a successful grant application.

This grant is open

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