Program overview
The Cooperative Investment Fund supports destination marketing organizations, communities, and associations in destination development and destination promotion initiatives. It also supports activation and promotion of revenue-based events and festivals.
Please review all investment streams to ensure your organization's eligibility. If you have any questions, please contact the Destination Development Manager for your region or email tourisminvestment@travelalberta.com.
We accept applications for Cooperative Investment support twice a year:
- Intake 1: February 6 – March 6, 2023 (closed)
- Intake 2: September 12 – October 14, 2023
On this page:
Rural Development and Promotion
Supporting destination marketing organizations, communities, and associations with both development and promotion initiatives, as well as support the individual activation and promotion of revenue-based events and festivals.
Application period: February 6 - March 6, 2023 (closed)
Investment range: Up to $100,000
*Please note that all applications are now online. No applications from previous intakes will be accepted.
Details and eligibility
- Foster community alignment around a shared vision for tourism
- Support regional promotional strategies aimed at growing visitation and driving cash flow to tourism businesses
- Support a diversified and sustainable visitor economy through attraction and planning of cultural events, business events and major sporting events
- Municipalities, destination marketing/management organizations, not-for-profits, chambers of commerce, and industry associations with a focus and/or mandate in tourism development and promotion
- Non-municipal partners must have been in operation for a minimum of three (3) years
- Individual tourism businesses, and partnered consortiums
- Business improvement areas
- Communities who are represented by a destination marketing organization
- Hotel consortiums and Destination Marketing Fund groups (DMFs)
- Retail businesses
- Restaurants
Destination Promotion
- Targeted online ads as part of an integrated, multi-faceted marketing campaign
- Creative development + agency support
- Radio/tv/print advertising that presents a unified tourism message
- Social strategy and implementation (including costs related to contracted community management)
- Media and public relations
- Content development including photography, video and written content (shot list must be included with the application)
Destination Development:
- Attraction of business events
- Destination planning and research aimed at growing the visitor economy
- Workforce development including educational seminars and building destination capacity
- Destination animation programming available to visitors on a regular, scheduled basis (daily, weekly, monthly) and demonstrate how it is designed for long term availability
- Membership fees (i.e. TIAA)
- Salaries or wages as well as management fees
- GST/HST expenses
- Website development
- Travel Alberta will not invest in destination development/promotion efforts led by a community which duplicates the efforts of an existing destination organization
Expenses must be incurred between April 1, 2023 – March 31, 2024. Expenses will need to be invoiced by a qualified third party and documented in the financial reconciliation.
- Economic impact generated from hotel nights, experience sales, ticket sales, and/or package sales that showcase a return on investment equal to or greater than the investment.
- Number of business supported through the development/promotional initiative
- Create an account or log in to the new Grant Management Tool (GMT), to access the Rural Development and Promotion application form.
- Complete application in its entirety.
- Note: the system will allow you to save your application if you need time or additional information before submitting. Only one application per organization, per funding year will be accepted.
- It is the sole discretion of Travel Alberta to manage funding requests and decline projects that may not qualify or if the program is oversubscribed.
- Upon review and evaluation, a letter of decision will be sent regarding the status of your application.
- Approved projects will receive a Travel Alberta Grant Agreement for review and signature.
- The funding will be sent via Electronic Funds Transfer (EFT).
- Upon approval of the project and receipt of all required documentation, 100% of approved funds will be released to the organization.
- Investment decisions will not be made for approximately six weeks following the closing date of March 6, 2023.
Events and Festivals
Investments will focus on reigniting existing events and activating new events that drive overnight visitation.
Application period: February 6 - March 6, 2023 (closed)
Investment range: Up to $100,000 with 25% fund matching required. Additional funding available on a case-by-case basis.
*Please note that all applications are now online. No applications from previous intakes will be allowed.
Details and eligibility
- Events and festivals that are two or more days in length and target overnight visitation
- Events and festivals that charge an admission fee
- Events and festivals which showcase collaboration with other Alberta tourism partners
- Private sector Alberta based tourism businesses, Indigenous businesses, not-for-profit organizations and municipalities with a focus on tourism
- Non-municipal partners must have been in operation for a minimum of three (3) years
- Charitable and fundraising events
- Amateur sport tournaments
- Consumer and trade shows
- Political events
- Events common across multiple communities such as Canada day celebrations
- Events not accessible by the public
- Local community events
- Business improvement areas
Logistical and production cost
- Performers, artists and artisans fees
- Rental of security barriers, toilets, tents, lighting, sound equipment, venue
- Permits and insurance
- Hiring of a production company
- Costs associated with climate action initiatives for the festival
Promotional support
- Targeted online ads as part of an integrated, multi-faceted marketing campaign
- Creative development and agency support
- Radio/tv/print advertising that presents a unified tourism message
- Social strategy and implementation (including costs related to contracted community management)
- Media and public relations
- Content development including photography, video and written content (shot list must be included with the application)
- Website development and/or E-commerce platforms
- Event sponsorship
- Salaries and wages of employees, purchasing of goods and services for resale, purchasing of equipment, alcohol permits
- Accommodation
- Hosting
- Ticket surcharges
- Prizing and gifting including volunteer apparel/swag
Expenses must be incurred between April 1, 2023 – March 31, 2024. Expenses will need to be invoiced by a qualified third party and documented in the financial reconciliation.
Pre and post event impact calculator analysis generated from tickets sales, accommodation, food, transportation, and retail.
- Create an account or log in to the new Grant Management Tool (GMT), to access the Events and Festivals application form.
- Complete application in its entirety.
- Note: the system will allow you to save your application if you need time or additional information before submitting. Only one application per organization.
- For all events and festivals projects, applicants must be able to provide a minimum of 25% of total project costs.
- It is the sole discretion of Travel Alberta to manage funding requests and decline projects that may not qualify or if the program is oversubscribed.
- Upon review and evaluation, a letter of decision will be sent regarding the status of your application.
- Approved projects will receive a Travel Alberta Grant Agreement for review and signature.
- The funding will be sent via Electronic Funds Transfer (EFT).
- Upon approval of the project and receipt of all required documentation, 100% of approved funds will be released to the organization.
- Investment decisions will not be made for approximately six weeks following the closing date of March 6, 2023.