b'NEWSWIRESeveral PVA member shipyards, including Bay Ship & Yacht Co. pictured above, have benefited throughout the years from the Small Shipyard Grant Program.NEWSWIREMajor Win for Small U.S. Shipyards L ast week the president signed aThisfundingincreasealsoreflectsPREPARE YOURin60days FY26 federal funding packagestrong support from Congress and theAPPLICATIONS NOWthatincluded$35millionforadministration with sustained bipar- Applicationsaredue the Maritime Administrations (MA- tisan support. (aroundApril4), and MARAD is RAD) Small Shipyard Grant Programrequiredtopublishthegrantnotice (SSGP)fourtimestheFY25fund- Small Shipyard Grant Program grantswithin 15 days (around February 18). ing level. can be used for capital improvements,Watch this space for updates.equipment purchases, and workforce Support for the Small Shipyard Granttraining, helping shipyards modernizeEligibleshipyardsshouldbegin Programhaslongbeenapriorityfacilities, expand capacity, and investpreparingnow.Sixtydaysgoesby PHOTO: BAY SHIP & YACHT CO.for PVA and was a key talking pointin their workforce. Several PVA mem- quickly,andtheFY25SSGPgrant duringthelastPVACongressionalbershipyardshavesuccessfullyre- notice will provide helpful guidance Fly-In,wheremembersemphasizedceived these grants in past years, usingas applicants prepare.the need for stable, robust funding forthemtomoveforwardprojectsthat small and mid-sized U.S. shipyards. otherwise would have been delayed.FOGHORN 36'