This program offers up to $1,200,000 over a four-year project period, providing an excellent opportunity to support your business growth. You can receive up to $300,000 each year for projects focused on addressing coastal community issues while exploring relevant environmental research, extension, or education initiatives. Securing this funding would not only give you the financial resources to innovate and expand but also enable you to positively impact your local ecosystem.

Additionally, the program requires a 50% non-federal match, which can be waived depending on your situation. This flexibility makes the program more accessible. By participating, you'll forge valuable partnerships and contribute to solutions that benefit your community and environment. Engaging in this program is a step towards not only enhancing your business but also making a meaningful difference.

Type of Financing
The financing provided by this program is a grant. You can receive up to $1,200,000 for a four-year project, with a maximum of $300,000 per year.

Repayment and Matching Requirements
There is a 50% non-federal match requirement for this funding, which means if you receive $300,000, you need to contribute an additional $150,000 from your own resources. Waivers for this matching requirement may be considered during the application process. Importantly, this grant does not need to be repaid if the conditions are met.

Eligible and Ineligible Expenses
Funds can be utilized for projects focusing on research, extension, or education relevant to coastal communities, as outlined in the National Sea Grant College Program Strategic Plan. However, these funds cannot be used for purposes unrelated to these projects or for activities that fall outside the required areas of focus. Be sure to check for any potential fees associated with applying or managing the grant, as specific details should be outlined in the application process.

• Geographic Area: Must be located in or proposing projects for the U.S. Virgin Islands (USVI) or the Commonwealth of the Northern Marianas Islands (CNMI).
• Project Focus: Projects must align with the national focus areas outlined in the National Sea Grant College Program Strategic Plan.
• Execution: Must be executed through one or more of the Sea Grant functional areas of research, extension, or education.
• Funding Amount: Eligible for up to $1,200,000 per project, not to exceed $300,000 per year.
• Non-Federal Match: Must provide a required 50% non-federal match for all federal funding (waivers may be considered).
• Organization Registrations: Must complete and maintain registrations with SAM.gov, Grants.gov, and eRA Commons before applying.
• Unique Entity Identifier (UEI): Must obtain a UEI from SAM.gov if needed before registering with eRA Commons.
• Signing Official and Program Director/Principal Investigator: Must identify at least one Signing Official (SO) and one Program Director/Principal Investigator (PD/PI) to submit an application.

Disqualifications:

• No disqualifying criteria mentioned. All legal structures, profit structures, and revenue/employment sizes are applicable, with no minimum or maximum requirements specified.

This program offers up to $1,200,000 for your business, spread over a four-year project period, with a maximum of $300,000 available each year. The funding can be used for a variety of purposes tailored to address problems and create opportunities in coastal communities, especially those relevant to research, extension, or education in environmental issues.

There is a requirement to match 50% of the federal funding with non-federal sources. However, waivers may be available depending on your specific situation. You'll want to ensure your project aligns with national focus areas and is executed within the U.S. Virgin Islands or the Commonwealth of the Northern Marianas Islands.

These funds can become a vital resource for your business to innovate, expand, or implement solutions aimed at enhancing coastal ecosystems and community resilience. Engaging in this project not only supports your business growth but also contributes positively to the environment. This is an opportunity to make a real impact while securing funding to help you achieve your goals.