MARAD Small Shipyard Grants
The Small Shipyard Grants Program, managed by the U.S. Maritime Administration, provides assistance to make capital and training investments in small shipyards. The goal of the program is to foster efficiency, competitive operations, and quality ship construction, repair,
Private companies are eligible to apply. Applicants should have no more than 1,200 production employees and the facility 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 noncommercial vessels.
$19.6 million dollars is available for this program in 2020. The competition opened on January 9th and applications are due on February 18th.
This program is highly competitive! Based on past rounds expect more than 100 applicants seeking, in total, many times the available amount of funding. Interested shipyards should be prepared to devote time and effort to
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