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• TCG Direct Grant Awards: Twin Cities Gateway may make direct grant <br /> awards of up to $5,000 annually for events that will generate overnight <br /> visitors, or significant tourism-related benefits and economic impacts in <br /> and throughout the ten member cities of the TCG destination area. <br /> • Special Grants: the TCG Board of Directors may at its discretion and at <br /> any time consider special grant requests that fall outside the criteria and <br /> guidelines established if the proposed event or activity is deemed to have <br /> the potential to maximize overnight hotel room stays; stimulate member <br /> city visitor-related economic impacts; or increase awareness <br /> Any TCG grant recipient will be required to provide proof of general <br /> liability insurance or be an additional insured on an existing policy. <br /> Grant applications will be reviewed at a regularly scheduled Board of Directors <br /> meeting. Grant applications should be reviewed at least 60 days prior to the <br /> date(s) of the event for which the TCG grant funding is requested. <br /> TCG Board Meeting Date: Application must be received by: <br /> March 19, 2024 March 5, 2024 <br /> June 18, 2024 June 4, 2024 <br /> September 17, 2024 September 3, 2024 <br /> December 17, 2024 December 3, 2024 <br /> Grant Payments: <br /> If TCG grant funding is approved, 50% of the funds approved will be released to <br /> the recipient upon the execution of a written TCG grant Agreement. The TCG <br /> Grant Agreement will identify how the TCG grant funds may be used, as well as <br /> which of the recipient event expenses may be utilizes to meet the 1 :1 match. <br /> The 50% balance of the grant funds will be released upon the receipt and final <br /> approval of the required event summary report and documentation of <br /> expenses for the required 1 :1 matching funds via copies of contracts, invoices, <br /> or receipts of eligible expenses. <br /> For More Information: <br /> Al Stauffacher / al@tcgateway.com / 612-269-0441 <br /> 2 <br />