January 22, 2021: Federal Register (full link below)
Small Shipyard Grant Program; Application Deadlines
Maritime Administration, Department of Transportation has issued a notice of Small Shipyard Grants Application Deadlines.
Under the Small Shipyard Grant Program, $19,600,000 is currently available for grants to:
(1) Make capital and related improvements to qualified shipyard facilities that will be effective in fostering efficiency, competitive operations, and quality ship construction, repair, and reconfiguration, and
(2) provide training for workers in shipbuilding, ship repair, and associated industries.
This notice announces the intention of the Maritime Administration (MARAD) to provide for grants to small shipyards. Potential applicants are advised that it is expected, based on experience, that the number of applications will far exceed the funds available and that only a small percentage of applications will be funded. Historically, the program has selected roughly 15-30 applications for funding with an average grant amount of about $1 million
Applications must be received by MARAD by 5:00 p.m. EST on February 25, 2021. Applications received later than this time will not be considered. The Administrator shall award grants under this section not later than 120 days after the date of the enactment of the appropriations Act for the fiscal year concerned.