South Dakota Department of Tourism - www.SDVisit.com
   
 

MATCHING DOLLAR CHALLENGE


Dececember 8, 2011 – Applications for the Matching Dollar Challenge program are not being accepted for the remainder of Fiscal Year 2012 (July 1, 2011-June 30, 2012). We will notify industry members here and via the eFYI enewsletter with future program updates.

If you have questions, please contact Brad Lemmel at
brad.lemmel@travelsd.com or 605-773-3301.


The Matching Dollar Challenge
The Matching Dollar Challenge is a cooperative marketing partnership that is used for new and/or enhanced initiatives. Organizations wishing to apply for the Matching Dollar Challenge must provide a minimum of 50 percent of the total project marketing costs.

In order to be considered for the matching funds, participating organizations must illustrate that the funds will be used in cooperation with the Department of Tourism's efforts.

The following process will be used to evaluate and approve projects:

1. Industry partners are to submit project proposals that meet the program requirements and a copy of the completed application to the Department of Tourism until the challenge funds have been allocated each fiscal year. Applications to be considered at the next board meeting must be received by October 28, 2011.

2. The Department of Tourism will validate the information presented in the proposals.

3. The Governor's Tourism Advisory Board will review all submitted proposals at scheduled board meetings.

4. The Governor's Tourism Advisory Board will present recommendations to the Office of Tourism for final approval.

5. The Department of Tourism will send written notification to industry partners of the selection decisions within 15 days of the board meeting.

6. Funding and projects will begin on July 1 of each fiscal year.
 

FOR INFORMATION
For more information, contact James Hagen, Secretary, james.hagen@travelsd.com, or Brad Lemmel, Matching Dollar Challenge Grant Facilitator, brad.lemmel@travelsd.com, or call 605-773-3301.