This program offers significant funding to support businesses like yours focused on protecting our coastal and marine resources. You could receive between $100,000 and $1,000,000 to implement projects that remove and prevent marine debris. This financial backing allows you to concentrate on what truly matters — making a positive impact on your community and the environment.

By applying, you'll gain access to non-repayable grant funding, meaning you won't have to worry about paying back what you receive. This not only frees up your resources but also positions your business as a leader in environmental stewardship. Imagine enhancing local water quality and habitat health with the assistance of these funds.

Additionally, with a total funding pool of up to $7,000,000, there are plenty of possibilities for your project to stand out. Engaging in this initiative can significantly elevate your business profile, connect you with valuable networks, and help foster a healthier environment for us all.

Type of Financing
This program offers a grant for marine debris removal projects. Grants are funds that you do not have to repay, making them a valuable resource for your business.

Funding Amounts and Terms

• Minimum federal request: $100,000
• Maximum federal request: $1,000,000
• Typical funding range: $250,000 to $750,000
  The exact amount awarded will depend on the evaluations made by NOAA after you submit your proposal.

Eligible and Ineligible Expenses

• Eligible expenses: Costs related to marine debris assessment, removal, and project implementation. This includes installation, monitoring, and maintenance of debris interception technologies.
• Ineligible expenses: Funds cannot be used for projects outside the scope of marine debris management or any unrelated operational costs.
• Fees: There are typically no fees associated with the application or funding process for this grant.

This program presents a fantastic opportunity for your business to gain financial support without the burden of repayment.

• Geographical Eligibility: Available across the United States.
• Sectors: All sectors are eligible to apply.
• Employee Requirement:
  • No minimum number of employees required.
  • No maximum number of employees required.
• Company Revenue:
  • No minimum revenue qualifications.
  • No maximum revenue qualifications.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.

Disqualifications:

• No explicit disqualifications noted in the context provided.

This program offers substantial funding for businesses focused on protecting coastal and marine resources. You can receive between $100,000 and $1,000,000 to support projects that remove and prevent marine debris. This money can be used for installation, monitoring, and maintenance of effective debris interception technologies.

The total funding pool available is up to $7,000,000, which means there are plenty of opportunities for many businesses. The projects funded through this program will help improve water quality and habitat health, providing long-lasting benefits for your community and the environment.

There is no requirement for you to pay back the funds, as this program provides grants for eligible projects. This means you can focus on making a positive impact without worrying about repayment terms. Your business could play a key role in this important initiative while gaining valuable financial support.