There is no better time, considering the current state of the energy sector, to learn about the Department of Tourism’s Green Tourism Incentive Programme (GTIP). You are invited to join us for an introduction and overview of the programme this Friday morning. GTIP is a resource efficiency incentive programme to encourage and support private sector tourism enterprises to adopt responsible tourism practices by moving towards the sustainable management of water and energy resources. Grant funding is available to reduce your cost of investing in energy and water-efficient solutions, thereby increasing your competitiveness, profitability and operational sustainability in the long term. Broadly, GTIP offers: The full cost of a new resource efficiency audit or the full cost of reviewing an existing audit; grant funding to qualifying SMEs on a sliding scale from 50% to 90% of the total cost of implementing resource efficiency interventions, which is capped at R 1 million; and qualifying enterprises may implement projects in phases in order to better manage their cash flow over a two-year project implementation period. Applications and approvals are managed, on behalf of the Department of Tourism, by the Industrial Development Corporation (IDC). SPEAKERS |
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