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.
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:
- 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/