Shipyard Grants: Boost Your Business with $19.6M!
Summary
Small shipyards can apply for grants to upgrade facilities and improve operations, aiming to boost efficiency and competitiveness in ship construction and repair. With $19.6 million available, this program supports critical capital improvements to help your business thrive.
Eligibility
Full Description
This notice announces the intention of the Maritime Administration to provide grants to small shipyards. Under the Small Shipyard Grant Program, there is currently $19,600,000 available for grants for capital and related improvements to qualified shipyard facilities that will be effective in fostering efficiency, competitive operations, and quality ship construction, repair, and reconfiguration. Potential applicants are advised that it is expected, based on past experience, that the number of applications will far exceed the funds available and that only a small percentage of applications will be funded. Applications will not be accepted online through Grants.gov.
Hard copies must be mailed to the Maritime Administration by 5 pm on the closing date. See full text Notice of Funding Availability for detailed submission instructions.