$19,600,000 Available from the Small Shipyard Grant Program
Published on April 17, 2018The Maritime Administration (MARAD) issued a notice stating that $19,600,000 is available under the Small Shipyard Grant Program for both capital and related improvements to qualified shipyards, and training projects to foster employee skills and enhance productivity. Grants for such training programs may only be awarded to eligible applicants, but training programs can be established through vendors to such applicants. Grants may not be used to construct buildings or other physical facilities or to acquire land.
To be eligible for the grants, which average $1 million, applicants must construct, repair or reconfigure vessels 40 feet in length or greater for commercial or government use, or construct, repair or reconfigure vessels 100 feet in length or greater for non-commercial vessels. The grants provide no more than 75 percent of the total cost of the project with the remaining portion paid by the applicant or from funds paid on behalf of the recipient.
MARAD reviews all eligible applications received before the deadline. The Small Shipyard Grant review and selection process consists of three phases: Technical Review, Senior Review, and Final Selection.
Each applicant selected for a Small Shipyard capital or training grant will be required to work with MARAD on the development and implementation of a plan to collect information and report on the project’s performance with respect to the relevant long-term outcomes that are expected to be achieved through the capital project or training.
For details in the federal register click here.
Grant applications should be sent to the Associate Administrator for Business and Finance Development, Room W21–318, Maritime Administration, 1200 New Jersey Avenue SE, Washington, D.C. 20590. Applications must be received by May 22.
For further information concerning this notice, please contact David M. Heller, director, Office of Shipyards and Marine Engineering, Maritime Administration (202) 366–5737.
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