Jersey tourism funds may be granted to private firms
According to the treasury minister, private companies in Jersey may be able to apply for money from a tourism fund.
The tourism development fund (TDF) was set up in 2003 to help non-profit activities that could bring tourists to the island.
Senator Philip Ozouf has stated that he wants to widen the fund’s scope so that it can also provide funding for private sector groups.
In his proposal he has suggested that money which is provided to private groups would be matched pound-for-pound with private investment.
The treasury minister said that the fund had enjoyed “considerable success” over the past 10 years.
In 2010 the fund gave money to the Liberation music festival, a food festival, a fish festival and a boat show. It also paid for the installation of mains electricity to occupation sites and funding for the Branchage film festival.
The tourism development fund awarded a total of £222,000 in 2010 and the figures for 2011 have yet to have been announced.
Senator Ozouf said opening the funding up to private enterprise would help encourage entrepreneurialism.
He said: “It should be recognised that in preventing the private sector from benefiting from the TDF, we risk stifling entrepreneurialism in a sector which now more than ever needs to maintain a competitive advantage in a crowded market place.”
If approved by the States of Jersey, the funding panel would be able to consider all bids for grants.
Senator Ozouf said they could make decisions purely on merit. “Which projects will bring the most visitors, generate the most visitor spend, stimulate investment and promote Jersey to the widest audience?” he added.
Source: BBC
Picture: Marilyn Peddle


















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