Shipyard Grants: Up to $98M for Infrastructure & Growth!
Summary
Small shipyards can apply for grants of up to $98 million to upgrade capital and infrastructure, boosting efficiency and competitiveness in construction, repair, and reconfiguration.
Eligibility
Full Description
Small Shipyard Grants Section 3508 of the National Defense Authorizaton Act for Fiscal Year 2009 (Pub L. 110-417) and the section entitled "Suplemental Act, 2009, provide that the Maritime Adminisrttion shall establish an assistance program for small shipyards. Under this program, there is currently an aggregate of $98,000,000 available for grants for capital improvements, and related infrastructure improvements at qualified shipyards that will be effective in fostering efficiency, competititve operations, and quality ship construction, repair, and reconfiguration.