Tourism Financing Opportunities

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Tourism Development Financing Program

Gap financing opportunities from the Virginia Tourism Corporation are availabie for development projects that fill a tourism void in the local economy.

This grant helps to cover up to 20% of total project costs for debt service to gap finance a project.

For more information on this grant, visit: http://www.vatc.org/TDFinancingProgram/ or open this handout on the program.

sofia boutique hotel

Virginia Tourism Growth Fund

This is a grant program that was established by the Virginia Tourism Corporation to grow touism development projects. Eligible projects include both new and expanding facilities in the following industries:

  • Lodging
  • Recreation
  • Entertainment
  • Epicurean
  • Cultural
  • Destination Retail

Grants from this program help finance up to 15% of the costs of financing a project. For more information visit the following website: https://www.vatc.org/VTGF/