The Duluth Economic Development Authority is accepting applications for its Small Business Marketing Match Program.
Donor Name: Duluth Economic Development Authority
State: Minnesota
County: All Counties
Type of Grant: Grant | Reimbursement | Matching Grants
Deadline: 04/29/2024
Size of the Grant: $1000 to $10,000
Grant Duration: Grant Duration Not Mentioned
Details:
This is a reimbursement program created by the Duluth Economic Development Authority (DEDA), designed to support small businesses and nonprofit organizations with 25 employees or less with their marketing efforts. Applicants will need to have a marketing plan establishing their need for eligible marketing products funded by the matching reimbursable grant. Applicants are required to partner with a marketing agency for product development and specify the source and amount of matching funds, for up to $5,000 from the Small Business Marketing Match Grant Program.
Up to 28 Small Businesses or nonprofit organizations will be selected for up to $5,000 in matching grant funds to expand marketing efforts, or until designated funding to the program is depleted. Eligible applicants must match DEDA grant funds on a 1:1 basis.
Eligible Expenses
Eligible expenses include business marketing in print, multi-media, digital, email, social media, video marketing or other visual means. Direct expenditure for marketing and outreach. Creation of promotional materials for business enhancement. Creation of new business signage or other visual improvements. Marketing consulting or small business consulting assistance with a strong marketing focus.
Eligibility Criteria
- Applicants must complete and submit a W-9 form and program application.
- Applicants must have a Marketing Plan with description of the strategies and how it will support the business.
- Applicants must include a detailed source and use of funds with cost estimates.
- Applicants must be in good standing with the Minnesota Secretary of State, with all operational functions in the same company name.
- Applicants may employ no more than 25 full-time -equivalent employees.
- Businesses must demonstrate revenue for at least six months at the time of application submission.
- Nonprofit organizations must be in operation for six months or longer at the time of application submission.
- This is a reimbursement grant program. Grant recipients must purchase the marketing materials before receiving reimbursement, submit proof of payment and visual evidence of the marketing materials purchased.
- Applicants must agree to be responsible for any tax implications regarding reimbursement.
For more information, visit DEDA.
