This program is a superb match for your business if you are involved in oceanographic research or education. You can receive funding to procure, upgrade, or enhance essential equipment. This includes tools and services that not only improve safety but also boost the scientific productivity of your initiatives. Imagine having access to state-of-the-art shared-use oceanographic facilities that can be utilized by you and fellow researchers—how valuable would that be?

There’s no payback period for this funding, which means you can focus solely on your important work without the worry of repayment hanging over you. This support can help make your projects more efficient and impactful. With the opportunity to improve existing equipment or invest in new tools, this program is designed to help you succeed. Don't miss out on the chance to elevate your research and its contributions to our understanding of oceanic environments.

Type of Financing
The financing provided is made up of grants. These are funds awarded to support specific projects without the expectation of repayment. This is a fantastic opportunity for your business to gain funding without the burden of loans.

Repayment Terms and Eligible Expenses
There are no repayment terms or interest rates since these are grants. The funds can cover various eligible expenses, such as:

• Salaries and related expenses for technical support
• Maintenance and calibration of sensors and instruments
• Operational costs for research vessel technical services
• Equipment purchases for oceanographic instrumentation and support

What Funds Cannot Be Used For and Fees
These funds cannot be used for individual projects limited to one researcher or for new or replacement capital equipment unless it falls under specific program guidelines. Additionally, there are no hidden fees associated with this program. It’s straightforward—funds go where you need them, without any surprise costs!

• Location of Business: Must operate in ocean, coastal, near-shore waters, or the Great Lakes.
• Employees:
  • 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:

• Individual project-based facilities and instrumentation, limited to one or a small group of investigators, should be supported through appropriate research programs and not through IPS programs.

The program supports facilities and equipment that enhance research and education related to the ocean, coastal areas, and the Great Lakes. You can receive funding to procure, upgrade, or enhance equipment essential for your projects. This funding is aimed at making sure you have access to shared-use oceanographic facilities that can be utilized by multiple researchers and educators.

The funds can cover various aspects, including technical services, scientific instrumentation, and shipboard support equipment. This support means you can enhance both your safety and the scientific productivity of your research initiatives. You can use this funding to improve your existing equipment or invest in new tools critical for your research.

There is no payback period for this funding, allowing you to focus entirely on your work without the added stress of repayment. This program is an excellent opportunity for your business to access the resources you need to advance your research objectives.