TTF works with Tourism projects that display the following:

• Projects with high level diversification away from traditional beach and safari products
• Project sustainability beyond TTF’s financing programme
• Projects that demonstrate tangible impact towards poverty alleviation
• Projects that are environmental friendly!
• Projects with co-financing abilities

Partnership Approach

Business funded must demonstrate a link with a local community, with clear benefits steams accruing in terms of cash or spin-off enterprises

What the Fund will not Finance

• The fund will not finance international/large private investors or single owners of ranches, but will finance business partnerships with local communities through marketing, training and provision of incentive grants
• The fund will not finance social development projects, such as schools, construct fences, dig water points or cattle dips
• The fund will not finance conservation plans which are not linked with a revenue generation aspect, to ensure sustainability
• The fund will not finance large-scale operations requiring an initial capital investment exceeding Ksh50,000,000
• The fund will not finance refurbishment of large-scale hotels or lodges which do not demonstrate diversification of it’s product/market base

What the Fund will Finance

• The fund will work directly with small and medium sized enterprises, which meet the criteria outlined
• The fund will work/seek to co-finance with intermediary bodies, such as NGO’s wildlife forums or membership bodies who represents the SMEs/CBOs in enterprises development
• The fund will finance equitable and fair partnership between private investors and local communities
• The fund will seek to provide on going support to financed businesses in terms of Training, Market Support and Innovative Product Design

RANKING SCORE

Criteria		Score in %
1	Diversified Product	25%
2	Poverty Alleviation	25%
3	Sustainability	20%
	Total Score for Phase 1	70%
4	Conservation Link	15%
5	Co-financing Ability	15%
	Total Score for Phase 2	30%
	Grand Total	100%

Grant Levels

• The amount awarded to each project will depend on the scale of the project, feasibility of the business plan and the applicant’s implementation capacity
• Partnership between investors and community based organizations will be encouraged to apply for grant
• The fund will cater for a proportion of the total project cost’ while the businesses are expected to raise the remaining amount, as cash contribution
• Cost related to professional or technical expertise such as architecture, quantity surveyors, environmental impact assessments and legal fees, can be worked into the project

Grant Levels Kshs	Co-financing Requirements
Less than 5 million	10%
5 – 15 million	15%
15 – 25 million	20%
Over 25 million	25%

If you have a project that may be eligible funding, click here to make an application