Offshore Wind Business Development

Offshore Wind Business Development Grant Program

The Maryland Energy Administration (MEA) is excited to announce the Fiscal Year 2018 Offshore Wind Business Development Grant Program. The Program supports Maryland’s emerging businesses, including minority owned emerging businesses looking to participate in the global offshore wind industry. MEA seeks to jumpstart Maryland’s offshore wind supply chain by providing grant funding to help offset upfront barrier costs in two key areas: market entry assistance and capital expenditures & facilities upgrades.

Please Submit Application Packages by 12:00 pm (Noon), Friday, September 1, 2017 to:

wind.mea@maryland.gov

(Adobe PDF Format)

OR

Maryland Energy Administration

Offshore Win​​d Business Development Grant Program

1800 Washington Boulevard, Suite 755

Baltimore, MD 21230

 

APPLICATIONS WILL NOT BE ACCEPTED AFTER

12:00 PM (NOON), FRIDAY, SEPTEMBER 1, 2017​​​

Program Overview:

 

The Maryland Energy Administrations (MEA) Offshore Wind Business Development Grant Program (Fiscal Year 2018) will provide grant funding on a competitive basis to help defray barrier entry costs of Maryland’s emerging businesses; including minority owned emerging businesses entering the global offshore wind industry. MEA has requested $600,000 be made available for the Offshore Wind Business Development Grant Program for Fiscal Year 2018. MEA will initially reserve $200,000 of total grant funding for AOI 1 and $400,000 of total grant funding for AOI 2. MEA reserves the right to redistribute reserved grant funding between the AOIs as needed.

MEA will consider applications in the two following Areas of Interest (AOI):

AOI 1: Market Entry Assistance

  • Grant funds can be used to help defray costs that are required for bidding on a specific, identified business opportunity in the global offshore wind supply chain. Grant funds may be used for administrative expenses including, but not limited to, translation services for specifications or technical designs and for the purchase of technical specifications from publishers.
  • In certain cases where travel is shown to be necessary (such as for conclusive bid negotiations), a portion of those costs may be considered and included as part of the grant award. Up to 25 percent of the total grant award may be used for travel costs. MEA will not consider travel costs for “exploratory” business dealings and discussions.
  • Grant awards will cover 100 percent of specified administrative expenses, up to $25,000 per applicant.
  • MEA anticipates issuing between one and eight awards for AOI 1 depending on the number and quality of applications received.
  • Applicants who are awarded a grant through AOI 1 may apply for an additional grant for AOI 2 in a subsequent fiscal year.

AOI 2: Capital Expenditures and Facilities Upgrades>

  • Grant funds can be used to help offset entry barrier costs that are restrictive or create a high risk to the applicant. Grant funds can be used to offset facilities and/or capital equipment acquisition costs, necessary for the export of offshore wind goods and services through previously secured contracts or conditional purchase orders.
  • MEA anticipates issuing one or two grant awards in amounts between $200,000 and $400,000 for AOI 2 depending on the number and quality of applications received.
  • Applicants must provide a cost share of at least 50 percent for AOI 2.
  • Applicants who were awarded a grant through AOI 1 in a previous fiscal year may apply for AOI 2.​
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Timeline

 

​Fiscal Year 2018 program is anticipated to be announced

March 2017: Fiscal Year 2018 program is anticipated to be announced

September 1, 2017: Applications due by 12:00 pm to wind.mea@maryland.gov

October 2017: Applicants deemed eligible for further consideration may be invited for in-person presentations, subject to funding availability

December 2017: Target for grant award announcements

February 2018: Target date for having grant agreements signed (projects begin)​

Program Documents:

For questions, additional information, or assistance please contact:
Samuel Beirne, Wind Energy Program Manager
410-537-4090

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