Funding Limitation

Section 510 Section 510.140  Funding Limitation The Total Project Cost must equal or exceed $20,000 in order to be considered for a grant award. a)         Up to 50 percent of the Total Project Cost may be funded for Projects that generate significant visitation and overnight stays to the area. b)         The maximum Grant Amount for any one Grantee in a Fiscal Year shall be $100,000, unless a Project is a cooperative marketing project initiated by the Department that includes multiple partners across multiple Local Tourism Convention Bureau jurisdictions.  Grantees are limited to one grant application per Fiscal Year.  However, if on February 1 of any given year, remaining Grant Funds are available, Grantees who have reached the maximum Grant Amount of $100,000 may submit an additional application for consideration. c)         Grantees that charge "for-profit" participants for inclusion in promotional projects must also include the promotion of the entire destination in advertisements.  Charges for participation from any source cannot exceed the match requirement or it will lower the Department's grant award.