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Maryland Offshore Wind Grant Programs – FY 2018

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Presentation on theme: "Maryland Offshore Wind Grant Programs – FY 2018"— Presentation transcript:

1 Maryland Offshore Wind Grant Programs – FY 2018
Samuel Beirne Offshore Wind Industry Briefing March 6, 2018

2 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

3 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

4 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

5 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.

6 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

7 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

8 Wind Energy Program Manager
Questions? Samuel Beirne Wind Energy Program Manager


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