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Site Navigation: Home » Government & Grants » Business Grants

Business Grants

Join the Green Tourism Incentives Programme (GTIP) Webinar: 13 November 2024!

Last updated: November 8, 2024 2:36 pm
Nomthandazo Ntisa
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Join the Green Tourism Incentives Programme (GTIP) Webinar: 13 November 2024!
Source: IDC
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As the tourism industry continues to grow in South Africa, sustainability is becoming increasingly important. With the need for responsible energy use and eco-friendly practices, the Green Tourism Incentives Programme (GTIP) offers a way for tourism establishments to reduce their environmental footprint while contributing to a more sustainable future. If you are a privately owned tourism enterprise looking to adopt energy-efficient systems and reduce water consumption, the GTIP is the perfect opportunity for you.

What Is Green Tourism?

Green tourism refers to a form of tourism that focuses on environmental sustainability and minimal impact on the planet. It encourages responsible practices by reducing the ecological footprint of tourism businesses. This includes initiatives such as using renewable energy sources, managing water resources efficiently, reducing waste, and protecting local ecosystems. In a country like South Africa, where tourism is a vital sector, green tourism plays a critical role in preserving the environment while providing economic benefits.

What Is the Green Tourism Incentives Programme (GTIP)?

Launched by the Department of Tourism in 2017, the Green Tourism Incentives Programme (GTIP) was created to assist tourism businesses in adopting sustainable practices. The program is aimed at reducing energy and water usage in tourism establishments by offering grant funding for energy-efficient and renewable energy systems. In 2020, the program was reviewed and improved to provide additional benefits, including support for sustainable management of water resources.

What Is the Webinar About?

The GTIP Webinar, scheduled for 13 November 2024, is your chance to learn everything you need to know about the funding opportunities available for tourism enterprises. The webinar will focus on the following key aspects:

  • How to Apply for Funding: Learn about the steps involved in applying for GTIP funding, including the necessary documentation and eligibility criteria.
  • Funding Details: Find out how much you can potentially receive and how the funding can be used for implementing energy-saving solutions.
  • Application Requirements: Discover what documentation you need to submit and how your application will be assessed.

This is a valuable opportunity for small and micro tourism businesses that want to improve their sustainability and reduce costs by adopting energy-efficient solutions. Don’t miss out on this chance to learn more about how the GTIP can help your business.

Funding: How Much Can You Get?

GTIP provides grant funding of up to R1 million to eligible tourism enterprises for the installation of energy and water efficiency solutions. This funding covers up to 90% of the total cost, with the remaining amount being covered by the applicant. The grant can be used for installing new systems, conducting resource efficiency audits, and improving overall energy and water management practices.

The funding is available to small and micro enterprises that meet certain eligibility criteria, including:

  • Being star-graded by the Tourism Grading Council of South Africa (TGCSA) for accommodation and conference venues.
  • Demonstrating economic viability in the application.
  • Showing B-BBEE compliance, with higher scores for businesses at Level 1.

How to Apply for Funding

The application process for GTIP funding involves two phases:

  1. Phase 1: Conducting a resource efficiency audit to identify potential energy and water-saving solutions.
  2. Phase 2: Applying for the grant to implement these solutions.

To apply, businesses must submit an application form along with supporting documents, including:

  • A valid star-grading certificate (if applicable).
  • Financial statements from the last two years.
  • Resource efficiency audit report.
  • B-BBEE certificate or sworn affidavit.

Once the application is received, the Industrial Development Corporation (IDC), which manages the GTIP, will assess the proposal and determine the appropriate level of funding.

Why Should You Attend the Webinar?

This webinar is designed for tourism businesses interested in taking advantage of the GTIP. By attending, you will:

  • Gain insights into the application process and understand what is required to secure funding.
  • Learn about successful case studies from businesses that have benefited from the program.
  • Get direct access to experts who can answer your specific questions about energy-saving solutions and funding opportunities.

How to Register

Don’t miss your chance to take part in this invaluable webinar. Register now to learn how your business can qualify for the Green Tourism Incentives Programme and start saving energy, water, and costs!

Register here: GTIP Webinar Registration

Date: 13 November 2024
Time: 10:00 AM (SAST)

The Green Tourism Incentives Programme (GTIP) is a fantastic initiative aimed at promoting sustainability in the tourism sector. By participating in this webinar, you will gain a clear understanding of the steps involved in securing funding and learn how to implement eco-friendly practices in your business. Join the movement towards a greener, more sustainable South Africa by applying for the GTIP and taking your tourism business to the next level. Get further updates here.

Remember, sustainability is not just a trend—it’s the future of tourism. Sign up today!

TAGGED:13 November 2024GTIPWebinar
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