b'NEWSWIREApply Now for Small Shipyard GrantsT heSmallShipyardGranteach year always exceeds the amountTheSmallShipyardGrantProgram Program overseen by the U.S.of funding that can be awarded.webpage contains Notice of Funding MaritimeAdministrationOpportunity in its entirety with more (MARAD) is now accepting propos- An eligible shipyard facility must beinformation on how to apply and how als for funding. The deadline to applyinasinglegeographiclocationandMARADwillevaluateapplications. is May 8, 2023. havefewerthan1,200productionThe statutory authorization is section employees. A Buy America statutory54101 of title 46 United States Code.MARADhas$8.75millionintheprovision applies to the use of funds currentfiscal2024fundingroundawardedundertheSmallShipyardForadditionalinformation,contact todistribute.Unfortunately,becauseGrantProgram.GrantsmaynotbeMARADsOfficeofShipyardsand ofCongressionalcost-cutting,thisisused to construct buildings or otherMarine Engineering at 202-366-5737 lessthanthecustomary$20millionphysical facilities or to acquire land.or smallshipyardgrants@dot.gov.available in the prior several years. MA-RAD will announce the successful ap-plicants by early September of this year.Eachyear,severalPVAassociate members that operate shipyards have successfully competed for funds un-der this popular program. Four PVA membersbenefitedfromawardsin fiscal2023.Accordingly,PVAsleg-islative agenda includes advocacy for generous funding for the Small Ship-yard Grant Program.An applicant may submit a grant pro-posal to (1) make capital and related improvementstoqualifiedshipyard facilities to promote efficiency, com-petitiveoperations,andqualityship construction,repair,andreconfigu-ration, and/or (2) provide training for workers in shipbuilding, ship repair, and associated industries. The federal grant can cover up to 75 percent of the projects cost (although anapplicationproposingahigher non-federalcost-sharemayhavean easiertimeofbeingselectedforap-proval).Thenumberofapplicants 53 APRIL 2024'