Tourism Growth Partnership
FEASIBILITY STUDY FUNDING - APPLICATION FORM (TGP-F)
Context
The Tourism Growth Partnership (TGP) is a Government initiative aimed at driving strategic
changes required to overcome constraints to growth of the tourism sector and lift the value
international tourism delivers to New Zealand.
The TGP now offers funding to help new or existing tourism businesses assess the costs,
potential market achievability and risks of their business proposition for their regions.
A feasibility study provides evidence for a business case. It should be conducted objectively
and should test the proposal. Requests for feasibility study funding can be eligible under either
stream of TGP funding, providing they meet the stream’s objectives. A maximum of $25,000 is
available per application that is awarded funding for their feasibility study. The cost of your
feasibility study should be directly related to the size and scale of your proposed project.
The TGP funding is contestable and there is a maximum of $250,000 available per annum from
the partnership for the funding of feasibility studies. Requests for feasibility study funding will
need to satisfy the applicable criteria, and be ranked higher compared to other feasibility
funding applications seeking investment for this portion of the fund. Funding for a feasibility
study, does not guarantee funding under the TGP funds for the proposed projects.
Process
The process for Feasibility Study funding is outlined in the figure below.
Submit
proposal
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Full
assessment
Decision
Contract
negotiation
Applicant fills out form and submits it to MBIE
Applications can be submitted at any time until the $250,000 has been allocated in a
financial year (July-June)
MBIE receives the application
MBIE assess the applications against the criteria, and makes recommendations to the
Independent Panel of Experts (the Panel)
The Panel decides which applications for feasibility funding are approved for funding
MBIE advises the applicant(s) of decision(s)
Criteria
 Note: There are two streams of funding for the TGP. Feasibility studies need to have
alignment to either TGP-I or TGP-R. More information on these streams can be found in
the ‘Guidance for Applicants (Proposals)’ document, available on the website.
Productivity and Innovation fund (TGP-I)
1.
Achievement of objective
Is the project an innovative, commercially viable project that will lead to either new
high-value products, improved processes or operations that drive efficient growth, or
getting more value from assets by reducing seasonality?
2.
Identified co-investment of a meaningful level
The TGP only provides funds based on a co-investment approach. Co-investment can
be committed by individual businesses or consortia of businesses, iwi and hapū, and
industry associations. You will generally need to prove you have the ability to co-invest
at least 50 per cent of the proposed cost of the feasibility study (excl. GST), although in
cases where this genuinely cannot be realised, a lower percentage of co-investment
may be approved by exception.
Regional fund (TGP-R)
1.
Regional job growth and tourism potential
Is the project in a region where job growth is particularly important and where there is
a strong potential for a more developed tourism sector to contribute?
2.
Tourism growth
Will the project create jobs (directly and indirectly), and promote economic growth
relative to the funding that the project is likely to seek from the TGP-R fund?
3.
Identified co-investment of a meaningful level
The TGP only provides funds based on a co-investment approach. Co-investment can
be committed by individual businesses or consortia of businesses, iwi and hapū, and
industry associations. You will generally need to prove you have the ability to co-invest
at least 50 per cent of the proposed cost of the feasibility study (excl. GST), although in
cases where this genuinely cannot be realised, a lower percentage of co-investment
may be approved by exception.
Commercial-in-confidence and the Official Information Act
All information collected and held during the TGP funding process will be held in the strictest
confidence. MBIE is bound by the Official Information Act 1982 (OIA) and subject to other
public law obligations. Accordingly, while the information provided by applicants is intended to
be held in the strictest confidence, the information that MBIE holds can be requested by third
parties and MBIE must provide information as required to do so by law.
Completing this form
If you need any assistance with completing this form, please contact the TGP Secretariat on
[email protected].
Please complete the form in full, and submit it electronically to [email protected]. Please
provide all attachments in separate PDF documents submitted with your application form.
Checklist
Before you apply, be sure to complete the following:
☐ Check the TGP website for any updates relating to this form and that you have
downloaded the most recent version of this document
When filling out this form, please ensure:
☐ All answers are typed into the space provided for each section in font no smaller than
size 10 point.
☐ You meet the requirements of each question. These are outlined underneath each
question within [ ] brackets. This includes any word limits that are specified. All word
limits will be strictly enforced.
Once you have completed this form:
☐ Email a copy of the completed form to the TGP Secretariat at [email protected] and
ensure that you attach any supporting information you wish to provide.
Note: There is a 20MB size limit (in total) for any applications submitted.
Deadlines
Applications for the feasibility funding can be submitted to MBIE at any time, up until the
$250,000 has been allocated in a financial year (July-June). The website will be updated once
this fund has been fully allocated in a single year.
Section 1: Application and applicant key details
Please enter answers in the right-hand column.
1.1 Application key details
Title
[A short title that describes your proposed project]
Estimated total cost of feasibility study (excl.
GST)
Amount of TGP funding sought (excl. GST)
A maximum of $25,000 (excl. GST) is available per
application.
[This cannot be more than 50 per cent of the cost
of the feasibility study]
Estimated value of the proposed project if
known (excl. GST)
Have you received a quote or costed the
feasibility study?
☐ Yes
If yes, provide this as a separate pdf.
If no, you are not eligible for feasibility study
funding.
1.2 Applicant key details
Applicant
organisation
details
[Fill out all fields
unless otherwise
indicated]
Legal name
Trading as (if different)
Company registration
number
[If not registered with
Companies Office, please
indicate this here]
Type of organisation
[For example incorporated
society, trust, limited liability,
etc.]
Year established
Postal address
[Include postcode]
Street address (if different
from above)
Website
Main activities and key products/services
☐ No
[Max. 150 words
This can be a short summary of the company’s activities, products and services]
Insert text here
Turnover last financial
year
[Check one box only]
FTEs currently employed
Contact person
details
Name
[This will be the
only person who
receives all the
correspondence
relating to the
proposal.
Job title or Role
Fill out all fields
unless otherwise
indicated]
[Title, First and Last name]
[For example, Director,
Manager, etc.]
Contact phone
Contact email address
Contact postal address (if
different from lead
applicant organisation’s)
[Include postcode]
☐ Less than $500k
☐ $500k - $2m
☐ $2 - $10m
☐ $10m +
☐ N/A
Section 2: Criteria
Note: You only need to complete the table for the relevant funding stream you are applying
under. You cannot apply under both streams.
Which funding stream will my feasibility study most likely fit?
Productivity
and Innovation
stream
• Innovative, commercially viable projects which will
lead to either:
- new high-value products
- improved processes or operations that drive
efficient growth
- getting more value from assets by reducing
seasonality
For this fund complete the blue table titled '2.1.P'.
Note - You do not need to complete the green table.
Regional stream
• Projects located in regions where job growth is
particularly important and where there is strong
potential for a more developed tourism sector to
contribute.
• The project will create jobs (directly and indirectly)
and promote economic growth within the region.
For this fund complete the green table titled '2.1.R'
Note - You do not need to complete the blue table.
Productivity and Innovation stream
2.1.P – Achievement of objective
Provide a brief summary of the proposed project
[Max. 100 words Provide an outline of the proposed project and the key components that are required
to complete it]
Insert text here
Will the proposed project lead to:
 New high-value product(s)?
 Improved process or operations
which drive efficient growth?
 Getting more value from assets by
reducing seasonality?
[Check all boxes which apply. If none apply, leave
☐ New high-value product(s)
☐ Improved process or operations which
will drive efficient growth
☐ More value from assets by reducing
seasonality
blank.
Note: If your project won’t lead to at least one of
these, it is unlikely to receive TGP funding for the
feasibility study under this stream]
If you checked any of the boxes above, provide evidence for your claim(s)
[Max. 150 words Your response should include which features of the project directly align with the
objective on page 1 of this form, and evidence for this.]
Insert text here
2.2.P – Identified co-investment of a meaningful level
Do you have the ability to provide monetary
co-investment of at least 50 per cent of the
feasibility study cost (excl. GST)?
☐ Yes ☐ No
[Note: The TGP only provides funds on a
co-investment approach. You will generally need to
prove you have the ability to co-invest at least 50
per cent of the proposed cost of the feasibility
study (excl. GST).]
If you answered No to the above question, identify the reason why it is below 50 per cent.
[Max. 150 words In cases where 50 per cent co-investment cannot genuinely be realised, a lower
percentage of co-investment may be approved.
You will need to explain the reasons why you cannot provide 50 per cent of the cost of the feasibility
study.]
Insert text here
Identify the amount of co-investment in $NZD
(excl. GST)
$
Regional stream
2.1.R – Regional job growth and tourism potential
Briefly describe why your proposed project is significant for the region
[Max. 250 words Your response should include how your proposed project will contribute to the region]
Insert text here
2.2.R – Tourism growth
Will the project create jobs (directly and
indirectly), and will it promote economic
growth in the region relative to the funding
that the project is likely to seek from the TGP
fund?
[Note: If your project won’t lead to job or regional
economic growth, it is unlikely to receive TGP
funding for the feasibility study under this stream]
☐ Yes ☐ No
Provide evidence for your claim(s) above
[Max. 150 words
Your response should include which features of the project directly align, and evidence for this.]
Insert text here
2.3.R – Identified co-investment of a meaningful level
Do you have the ability to provide monetary
co-investment at least 50 per cent of the
feasibility study cost (excl. GST)?
☐ Yes ☐ No
[Note: The TGP only provides funds on a monetary
co-investment approach. You will generally need to
prove you have the ability to co-invest at least 50
per cent of the proposed cost of the feasibility
study (excl. GST).]
If you answered No to the above question, identify the reason why it is below 50 per cent.
[Max. 150 words In cases where 50 per cent co-investment cannot genuinely be realised, a lower
percentage of co-investment may be approved.
You will need to explain the reasons why you cannot provide 50 per cent of the cost of the feasibility
study.]
Insert text here
Identify the amount of co-investment in $NZD
(excl. GST)
$
Section 3: Declaration
I declare on behalf of the applicant:
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that I have read this form and I fully understand the procedures, terms, conditions and
criteria and that this application form outlines the basis on which this application is made
and the procedures, terms, conditions and criteria for the Tourism Growth Partnership
Feasibility Study funding.
that the statements in this application are true and the information provided is complete
and correct and there have been no misleading statements or omission of any relevant
facts nor any misrepresentation made.
that MBIE and its advisers may disclose to or obtain from any government department or
agency, private person or organisation, any information about the applicant or project for
the purposes of gaining or providing information related to the processing and assessment
of this application.
that the applicant will, if requested by MBIE or its advisers in connection with this funding
process, provide any additional information sought and provide access to its records and
suitable personnel.
that I understand MBIE’s obligations under the Official Information Act 1982 and that,
notwithstanding any relationship of confidence created as a result of this application, the
provisions of this Act apply to all of the information provided in this application.
the application involves an activity/project that is a lawful activity that will be carried out
lawfully.
the applicant is not in receivership or liquidation nor will the project be managed by
someone who is undischarged as bankrupt or prohibited from managing a business.
where external providers are being employed as part of the project/activity, the relevant
providers are not employees or directors of the applicant, and nor do they have any other
direct or indirect interest in the applicant, whether financial or personal unless specifically
stated in the application.
that MBIE has sole discretion to determine which applicants (if any) will receive TGP
funding and that I understand that there is no agreement for MBIE to provide funding until
both parties have signed a contract.
I am authorised to make this application on behalf of the applicant identified in Section 1
of this form.
Signature
This acknowledgment must be signed by a person with the legal authority to commit your business
to a transaction (e.g. company director or equivalent)
Name
Title
Organisation
Signature
Date