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HomeMy WebLinkAbout5.3a Explore MN 2023 Tourism Marketing Grant Memo TO: Board of Directors, Cottage Grove Convention and Visitors Bureau FROM: Julie Prior-Miller, Marketing and Communications Specialist DATE: November 22, 2022 RE: Explore Minnesota 2023 Tourism Marketing Grant Opportunity Background The 2023 Tourism Marketing Grant Program provides matching funds to individual and collaborative, non-profit Destination Marketing Organizations (DMO’s) and other organizations for the purpose of marketing and promotion of travel for the economic benefit of their communities. This program will work in tandem with Explore Minnesota’s primary tourism marketing initiatives while aligning with the agency’s current strategic objectives. Discussion Explore Minnesota is offering a grant of up to $20,000 at a 1:1 cash match requirement. Eligible expenses for this grant include the marketing of events in or out-of-state, meetings, conventions, sports and groups marketing (in and out-of-state) as well as diversity and inclusion and/or accessibility. Items that qualify for this grant in our existing budget include social media advertising, marketing online, print advertising, photos, and vendor rental spaces. In total, approximately $14,000 in the existing 2023 budget can be accounted for in this grant submittal to cover the matching funds. Progress reports must be returned to Explore Minnesota by March 31, 2023. Reconciliation and reimbursement requests can be submitted at any time during the program by no later than August 15, 2023 and Explore Minnesota is allowed 30 days for reconciliation, processing, and receipt of funds. The expenses related to this grant will be reflected in the 1st and 2nd quarters of 2023. The reimbursement from the grant, if approved, will be applied to the 3rd quarter revenue of the Visitor’s Bureau in 2023. Recommendation 1. Approve the submission of grant application materials from the CGCVB to Explore MN for the opportunity to receive $14,000 through the 2023 Tourism Marketing Grant. 2. Should the CGCVB receive the allotted amount for the grant, approve the signing of a $1,600 contract with the St. Paul Saints for the securing the date for Cottage Grove Community Night on June 10, 2023 with an increased sponsorship level package. Board of Directors, Cottage Grove Convention and Visitors Bureau November 22, 2022 Page 2 of 2 Attachments 1. Explore MN 2023 Tourism Grant Application. 2. Discover Cottage Grove Partnership Agreement with the St. Paul Saints.