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VisitScotland Growth Fund
Andrew McKean, Growth Fund Advisor




                                     1
What is the Growth Fund?




  • Marketing fund for constituted groups
  • Supports collaborative marketing activity to bring additional
    visitors to your area - regional, national, or international
  • Award is 50% of total project cost – from £5,000 to £65,000
  • 25% private sector cash
  • Range of marketing activity supported
                                                                    2
Growth Fund

 Key points and changes


    •No longer European money – can be matched
     against any other public sector funding (de minimis
     limit applies)
    •Not all businesses in the group have to be Quality
     Assured
    •Marketing projects should last c.12 months
    •Monthly application panel
    •Dedicated Growth Fund Advisor
    •Current fund available until Spring 2014
Growth Fund Activity

         What is eligible?                   What is not eligible?


 Marketing projects designed to        Marketing that targets locals and
   bring visitors to the area            visitors already in the area


•Regional as well as national and     •Core or repeated marketing
 international marketing               activity
•Marketing materials e.g. leaflets,   •Event marketing (see
 pop-up displays, video footage        EventScotland)
•Website development                  •Business or product development
•Event & exhibition attendance        •Capital costs e.g. plasma screens
How do I apply?

 Submit an initial enquiry
   on VisitScotland.org

  Chat through with a
  Growth Fund Advisor

  Growth Fund Advisor
   assigned to Group

Complete a marketing plan
   & application form

  Submit application to
   Growth Fund Panel
Edinburgh examples

                       Edinburgh Edge
                       Creating packages
                       around the city outskirts




  Unique Venues of
  Edinburgh
  Targeting European
  business tourism

                                                   6
Case Study




Scotland’s Heartland
Growth Fund award: £6,250
Total project cost: £12,500
A voucher scheme for local
attractions and hotel stay
www.scotlandsheartland.com
Case Study



Love Loch Lomond
Growth Fund award: £4,932
Total project cost: £9,865
Autumn Active Campaign
Q&A
        Andrew McKean
      Growth Fund Advisor
         0131 472 2071
andrew.mckean@visitscotland.com


                                  9
Thank You



            10

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Growth fund etag presentation

  • 1. VisitScotland Growth Fund Andrew McKean, Growth Fund Advisor 1
  • 2. What is the Growth Fund? • Marketing fund for constituted groups • Supports collaborative marketing activity to bring additional visitors to your area - regional, national, or international • Award is 50% of total project cost – from £5,000 to £65,000 • 25% private sector cash • Range of marketing activity supported 2
  • 3. Growth Fund Key points and changes •No longer European money – can be matched against any other public sector funding (de minimis limit applies) •Not all businesses in the group have to be Quality Assured •Marketing projects should last c.12 months •Monthly application panel •Dedicated Growth Fund Advisor •Current fund available until Spring 2014
  • 4. Growth Fund Activity What is eligible? What is not eligible? Marketing projects designed to Marketing that targets locals and bring visitors to the area visitors already in the area •Regional as well as national and •Core or repeated marketing international marketing activity •Marketing materials e.g. leaflets, •Event marketing (see pop-up displays, video footage EventScotland) •Website development •Business or product development •Event & exhibition attendance •Capital costs e.g. plasma screens
  • 5. How do I apply? Submit an initial enquiry on VisitScotland.org Chat through with a Growth Fund Advisor Growth Fund Advisor assigned to Group Complete a marketing plan & application form Submit application to Growth Fund Panel
  • 6. Edinburgh examples Edinburgh Edge Creating packages around the city outskirts Unique Venues of Edinburgh Targeting European business tourism 6
  • 7. Case Study Scotland’s Heartland Growth Fund award: £6,250 Total project cost: £12,500 A voucher scheme for local attractions and hotel stay www.scotlandsheartland.com
  • 8. Case Study Love Loch Lomond Growth Fund award: £4,932 Total project cost: £9,865 Autumn Active Campaign
  • 9. Q&A Andrew McKean Growth Fund Advisor 0131 472 2071 andrew.mckean@visitscotland.com 9
  • 10. Thank You 10