Discover Visit Wales funding for tourism and hospitality businesses being delivered.
Previous funding and projects supported can be viewed on the previous tourism funding page.
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Croeso i Feicwyr Fund (cycling)
In July 2027, Wales will welcome the world-renowned Tour de France for the first time in its history. The final UK stage (Stage 3) will run from Welshpool to Cardiff. This provides a unique opportunity to:
- raise Wales’ profile on the global stage,
- strengthen its reputation as a world-class destination, and
- support our ambition to establish Wales as a leading cycling nation.
The Croeso i Feicwyr fund invests in infrastructure and facilities across Wales that:
- make Wales more welcoming to cyclists,
- helps to grow cycling tourism across all disciplines
- supports local economies and
- maximises the long-term legacy benefits of hosting this iconic event.
The first phase of the Croeso i Feicwyr programme was open to local authorities and national parks and closed for expressions of interest on 07 August 2026. (Both were encouraged to include projects delivered by third sector and other non-profit organisations in their bids).
54 projects have been approved and are currently being delivered, improving cycling facilities and helping visitors discover new routes, explore local attractions and make the most of what communities have to offer.
Details about the fund and approved projects can be found on the previous tourism funding page.
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Croeso i Feicwyr: Business Ready Fund
This helps businesses and community organisations become more welcoming to cyclists.
The fund will be delivered through local authorities and applications will open for local authorities in due course. Please check back and keep an eye on our communications for updates.
It will support cafés, pubs, restaurants, accommodation providers, visitor attractions and community organisations to make improvements such as cycle parking, e-bike charging and repair facilities.
Any questions about the fund can be emailed to CyclistsWelcomeFund@gov.wales
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Croeso i Bawb Fund (accessibility)
Croeso i Bawb is a capital funding scheme helping tourism and hospitality businesses create more accessible and inclusive visitor experiences.
It supports physical improvements to remove barriers for visitors with a wide range of access needs, encouraging businesses to go beyond legal requirements and offer a warmer welcome for everyone.
The fund closed for applications on 28 September 2026 at 5pm and applicants will be notified of outcomes in November. Projects must be delivered within the 2026-2027 financial year, with all spend incurred and claimed by 12 March 2027.
Improving accessibility can help your business attract more visitors. It can help people find the information they need before they arrive, reduce barriers and create a more welcoming experience.
Resources and inspiration on making accessibility part of your tourism business can be found on our accessible tourism page: Creating experiences for everyone | Industry
Find details of the fund on the previous tourism funding page.
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Brilliant Basics Fund
Brilliant Basics is a capital fund delivering small-scale tourism infrastructure improvements across Wales.
Applications are now closed and projects are being delivered.
Find details about the fund and approved projects on the previous tourism funding page.
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Wales Tourism Investment Fund (WTIF)
The Wales Tourism Investment Fund (WTIF) brings together both commercial and grant funding into one combined package of financial support to provide capital investment for the sector. The £50m fund is delivered by The Welsh Government in partnership with Development Bank of Wales.
Fund objectives
The key objective of the Fund is to help finance capital investment in tourism projects that can deliver positive growth for the sector and the Welsh economy.
Purpose of fund
- To provide continued access to finance for tourism projects in Wales
- To support the transition of the tourism sector from grant reliance to commercial loan serviceability
- Allow public funding to be mobilised in an area that can create significant impact on the economy
- To be able to support potentially substantial strategic investments as required.
What it funds?
- The new fund will provides patient capital to tourism businesses of between £100,000 and £5,000,000 for qualifying projects
- Repayment term is between 10-15 years, and can include seasonality payment breaks
- It provide increased flexibility of funding
- Funding is made available from the outset of a project and tranched through the development phase
- Commercial loan and qualifying grant payments are blended to reduce the overall cost of the finance.
Eligiblity
The fund comprises a mix of repayable and non-repayable finance, targeting eligible capital investment projects in the tourism sector in Wales.
Projects should demonstrate a distinctive and compelling tourism offer that has the potential to attract additional visitors to the destination and deliver wider benefits for the visitor economy. It can be used either to upgrade existing, or create new, high-quality assets in the tourism sector.
Priority will be given to investments that can demonstrate a meaningful contribution to the overall visitor experience and provide a strong reason to visit, with potential to increase visitor numbers, spend and/or length of stay all year round.
To be considered for support an applicant needs to:
- Commit to supporting the Welsh Government’s Prosperity for All strategy and demonstrate a commitment to the four requirements of the Economic Contract
- Be based in Wales and demonstrate how the project will stimulate growth in new and existing markets and create and/or safeguard jobs
- Demonstrate financial viability and repayment over the term of the funding package.
The fund includes a two-stage application process. The first stage includes an Expression of Interest form and if successful at this stage, the business will then be invited to make a full application.
If you are interested in receiving more information on the WTIF, please email WTIF@gov.wales.
Frequently Asked Questions are also available.
These are the projects supported during the period of 01 April 2020 to 31 March 2024
For general information and advice on finance and choosing the right option, visit the Business Wales website.