Tag Archives: Funding

Sharrow Marine, a subsidiary of Sharrow Engineering LLC, a manufacturer of propellers for boats and ships, announced the successful completion of a $30+ million series of debt and equity financings. This milestone was led by the family offices of John H. McFadden, Esq. and David Dolby, director of Dolby Laboratories and CEO of Dolby Family Ventures. The company plans to ...

Through its State R3 Program Grants, the Recreational Boating & Fishing Foundation (RBFF) has awarded funds to 10 programs in nine states. Now in its ninth year, the State R3 Program Grants’ goal is to support state recruitment, retention, and reactivation (R3) initiatives to increase fishing and boating participation. RBFF is providing approximately $207,000 in grants this year with nine ...

California State Parks’ Division of Boating and Waterways (DBW) is now accepting grant applications from organizations that teach on-the-water boating safety education to the public. A total of $1.6 million in grants is available to local public agencies, nonprofit organizations and colleges/universities operating within California for Aquatic Center Education Program grants. The deadline to apply is Friday, Oct. 28, 2022, at ...

Late last month the administration released its Fiscal Year 2023 (FY23) budget, detailing a number of budget priorities and funding initiatives beginning July 2022 through June 2023. Included in the budget outline is funding for the U.S. Army Corps of Engineers (USACE), a leading provider for public boating access across the nation. The administration’s budget proposal slashes funding for the ...

U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.7 million CARES Act Recovery Assistance grant to the Great Lakes Boat Building School, in Cedarville, Michigan, to construct a 10,000-square-foot school expansion, establish new boat-docking infrastructure and purchase additional marine electronics testing equipment. This project will more than double training capacity ...