TFC is a specialised developmental financial institution catering to the requirement of the tourism industry by providing financial assistance to investors in the Tourism Sector. TFC is therefore seeking proposals of innovative tourism projects that require debt financing. The projects targeted include but are not limited to:
- Cruise Boats in Mombasa and Kisumu
- City bus tour vehicles
- Floating restaurants In Mombasa and Kisumu
- Zip lines /any adrenaline pump activities
- Amusement parks
- Water fun parks
The funding is primarily focused on developing innovative products, services and concepts that are beneficial for the Tourism sector.
PPP Projects under review
- PPP project at a commercial plot in Nairobi CBD
- PPP Projects at a commercial plot in Mombasa
Aim of the Tourism Funding
- Attract more tourists to the destination, through diversification of the tourism product
- Extend the time of stay of international tourists
- Increase the income from tourism
- Increase employment opportunities for youth and women and persons with disabilities.
The technical evaluation criteria for financing will give priority to those proposals that take into consideration the following:
- Cooperation between different actors in the sector, ideas that involve benefits for different businesses and stakeholders in the sector, such as various tourism businesses, local government, etc.
- Sustainability of the product based on sound business planning and Environmental Impact Assessment.
- Innovative products that generate social economic growth.
- Products’ that empower women and youth through tourism.
For more information kindly email email@example.com and firstname.lastname@example.org