Maryland Offshore Wind Grant Programs – FY 2018 Samuel Beirne Offshore Wind Industry Briefing March 6, 2018
Overview In April 2017, MEA launched two grant programs to ensure Maryland had a local workforce and supply chain entering the offshore wind industry (OSW). OSW Business Development Grant Program OSW Workforce Development Grant Program
Biz Development Fund Programs utilize monies from the Maryland Offshore Wind Business Development Fund (OSWBDF) Created via the Maryland Offshore Wind Energy Act of 2013 MEA budgeted $1 million for the OSWBDF in FY 2018
OSW Business Development Program Provides grant funding to help offset upfront barrier costs in two key areas: – Market Entry Assistance ($200,000) – CAPEX & Facilities Upgrades ($400,000) Open to emerging business, including minority owned emerging business
OSW Workforce Development Program Supports new or existing training centers that provide vocational training of technical skills and safety standards utilized by the offshore wind industry Program Budget - $400,000 Open to emerging business, including minority owned emerging business, non-profits, and State/Local governments. This includes community colleges.
Applications Business Program (Oversubscribed) 6 applicants requesting $1,334,642 1 self identified woman owned business applied 1 self identified minority owned business applied Workforce Program (Oversubscribed) 2 applicants requesting $429,705
Grant Awards Business - $700,000 Total Strum Contracting Co., Baltimore, MD – $225,000 Martin Holdings Inc., Ocean City, MD - $375,000 Devreco LLC., Salisbury, MD – $100,000 Workforce - $300,000 Total Arcon Welding Fabrications, Salisbury, MD – $100,000 Jane Addams Resource Corporation (JARC) - Baltimore, MD – $200,000
Wind Energy Program Manager Questions? Samuel Beirne Wind Energy Program Manager wind.mea@maryland.gov 410-537-4000