USDOC’s EDA awards $1.6M to 500 Sails

Grant will enable 500 Sails to build Maritime Training Center
Posted on Jun 16 2022


WASHINGTON, D.C.—U.S. Secretary of Commerce Gina M. Raimondo announced yesterday that the department’s Economic Development Administration is awarding a $1.6-million grant to 500 Sails support maritime workforce development. This grant is funded by the American Rescue Plan Act.

This grant will support the renovation and expansion of the 500 Sails boatyard that will house the Maritime Training Center—a vocational and professional training institute. The EDA investment is expected to create 76 jobs and retain four jobs, according to grantee estimates.

“President Biden’s American Rescue Plan offers direct relief to American communities as they work to build a better America for the future,” said Commerce Secretary Gina M. Raimondo. “This EDA investment will provide the critical infrastructure needed to expand training opportunities that lead to good-paying jobs in Northern Mariana Islands’ growing maritime sector.”

“The Economic Development Administration is dedicated to working with communities to support their locally-driven strategies to recover and rebuild from the pandemic,” said assistant secretary of Commerce for Economic Development Alejandra Y. Castillo. “This project will provide the infrastructure necessary to increase modern instructional programming in the maritime industry.”

“With the unprecedented pandemic, the Biden-Harris Administration and Congress responded with unprecedented resources for the Northern Mariana Islands’ recovery through the American Rescue Plan,” said Delegate Gregorio Kilili C. Sablan (Ind-MP). “The U.S. Economic Development Administration’s approval of $1.6 million in American Rescue Plan funds for 500 Sails’ Maritime Training Center [will help jobseekers enter new careers, the growth of local businesses in the industry, and the preservation of the indigenous seafaring traditions of the Marianas.”

This project is funded under EDA’s American Rescue Plan Indigenous Communities program, which allocates $100 million in American Rescue Plan funding specifically to support the needs of Tribal governments and Indigenous communities. The program supports these partners to develop and execute economic development projects they need to recover from the pandemic and build economies for the future. Indigenous communities are also eligible and encouraged to apply under all of EDA’s other programs. (PR)

Press Release
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