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Grants Available for Small US Shipyards

Friday, January 8, 2016

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The U.S. Department of Transportation’s Maritime Administration (MARAD) is making funding available in support of the nation’s small shipyards.

MARAD announced the availability of $4.9 million in federal funding in a statement released Wednesday (Jan. 6). The grants are intended for use in capital and other improvement programs, as well as employee training, at small U.S. shipyards (those with fewer than 1,200 production employees).

Applications are being accepted until 5 p.m. EST on Feb. 16. Grants will be awarded no later than April 18.

istock/okeyphotos
© iStock.com / okeyphotos

Under the Small Shipyard Grant Program, there is currently $4.9 million available for grants for capital and related improvements to qualified shipyard facilities.

Complete eligibility and submission requirements are available at the Federal Register page for Funding Availability for Small Shipyard Grant Program.

Supporting Global Competitiveness

“Investments in our shipyards and American workers is critical to ensuring America’s economic growth and global competitiveness,” U.S. Transportation Secretary Anthony Foxx said.

“These grants support and strengthen both local communities and our national economy.”

Provided through the Small Shipyard Grant Program, grants are available to support a variety of projects, including capital and related improvements, and equipment upgrades that foster ship construction, repair and reconfiguration in small shipyards across the country. These efficiency improvements and modernizations are meant to make U.S. shipyards more competitive in the global marketplace.

Funds may not be used for the construction of buildings or facilities or the purchase of land unless approved by MARAD as meeting its improvement parameters.

The grant money may also be used for maritime training programs that improve technical skills and enhance operational efficiency and productivity—not just of existing workers but also within the local communities, whose economies are related to or dependent upon the maritime industry.

“American shipyards are currently producing some of the most modern and innovative vessels in the world,” said Maritime Administrator Paul “Chip” Jaenichen.

“They’re also creating quality jobs and supporting economic growth in local communities that complement the immense economic impact of our Nation’s ports and waterways,” he added.

istock/tatiana Morozova
© iStock.com / Tatiana Morozova

The Small Shipyard Grant Program funds will support efficiency improvements and modernizations that allow U.S. shipyards to compete more effectively in the global marketplace. MARAD says.

According to MARAD, shipyards across the nation continue to create new jobs and strengthen their local economies. Since 2009, the Obama administration has provided more than $164 million to help U.S. shipyards and their workers reap the benefits of increased production capabilities delivered by emerging technologies and a highly skilled workforce.

Application Considerations

MARAD warns applicants, 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.

The agency anticipates that about 5-10 applications will be selected for funding with an average grant amount of about $1 million.

While MARAD classifies small shipyards as employing fewer than 1,200, it says that no more than 25 percent of the funds available will be awarded to shipyard facilities in one geographic location that have more than 600 production employees.

MARAD will seek to obtain the maximum benefit from the available funding by awarding grants to as many of the most worthy projects as possible. The Maritime Administration may partially fund applications by selecting parts of the total project.

The Small Shipyard Grants are limited to no more than 75 percent of the estimated improvement costs. Recipients are expected to fund the remaining 25 percent.

Applications must be filed on standard form SF-424, which is available on the Maritime Administration's website at www.marad.dot.gov.

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, DC 20590.

For more information, contact David M. Heller, Director, Office of Shipyards and Marine Engineering, Maritime Administration, Room W21-318, 1200 New Jersey Ave., S.E., Washington, DC 20590; David.Heller@dot.gov.

   

Tagged categories: Business operations; Department of Transportation (DOT); Funding; Grants; Maritime Administration; North America; Program/Project Management; Shipyards

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