If you operate a small or medium-sized enterprise (SME) in the tourism sector in Martinique, you may qualify for financial support to create or develop tourism activities. This grant can cover up to 60% of your eligible expenses, with a maximum amount of €60,000. This funding is particularly aimed at businesses involved in accommodation or gastronomy, helping to enhance the local tourism landscape.
Objectives
The scheme aims to bolster the tourism sector in Martinique by providing financial assistance for the creation and development of tourism-related activities. This support is vital for SMEs looking to innovate or expand their services, contributing to the overall growth of the region’s economy.
Beneficiaries
This grant is available to small and medium-sized enterprises (SMEs) operating in the tourism sector, specifically in accommodation or catering. Eligible businesses must demonstrate a sound financial situation and comply with tax and social obligations. Notably, real estate investment companies (SCI) are excluded from this funding.
Eligible operations
The funding can be used for various initiatives aimed at enhancing tourism activities, including:
- Creation of new tourism services
- Development of existing tourism offerings
However, the grant does not cover expenses related to real estate investments or companies that do not meet the eligibility criteria.
Eligibility conditions
To qualify for this grant, businesses must meet the following conditions:
- Demonstrate a healthy financial status
- Be compliant with all tax and social obligations
Grant amount
The grant covers up to 60% of eligible expenses, with a maximum limit of €60,000. This funding can significantly alleviate the financial burden on SMEs looking to invest in tourism development.
Frequently asked questions
Can I combine this tourism support with other funding?
Stacking rules depend on each scheme’s regulations. Check with Collectivité territoriale de Martinique (CTM) for specific combinations.
How long does it take to receive the grant?
The time it takes to receive the Tourism Development Support grant can vary significantly depending on the complexity of your application and the completeness of your documentation. Typically, applicants can expect a processing time of several weeks to a few months. For a more accurate estimate tailored to your specific situation, please reach out directly to Collectivité territoriale de Martinique (CTM).
Is my business eligible if it has 10 employees?
Yes, as long as your business is classified as an SME and operates in the tourism sector.
What can I do if my application is rejected?
You can request feedback from Collectivité territoriale de Martinique (CTM) and improve your application for future submissions.
Is this support still available in 2026?
Yes, the program is ongoing. Check the latest updates on the Collectivité territoriale de Martinique (CTM) website.