The Association of British Columbia Marine Industries (ABCMI) is proud to be the official provider of the BC Maritime Industries Infrastructure Modernization and Expansion Grant Program. This program will invest up to $25 million in non-repayable funding for projects that modernize, scale and increase regional capabilities and capacity for small vessel construction and either boat and ship dry dock or, overhaul, refit, maintenance and repair infrastructure in British Columbia.
What Will The Grant Do?
The scope of the program is to align marine industry projects to both the StrongerBC Economic Plan, creating economic and environmental benefits of clean and inclusive growth, and the CleanBC Roadmap to 2030, meeting legislated emissions reduction targets.
The outcomes will greatly benefit marine industry organizations within British Columbia and are expected to:
- Modernize, scale and expand industrial maritime infrastructure in B.C.
- Attract new market demand and investment
- Establish B.C. as a leader in innovative and high-value maritime activity
- Stabilize and grow well-paying, high-quality and inclusive jobs
- Provide opportunity for high-value knowledge based clean made-in-BC technologies
- Contribute to a decrease of harmful air emissions
Who Is Eligible?
Eligible applicants must be for-profit organizations that:
- Operate in the ship and boat building, refit, repair and maintenance sector.
- Have been operating in B.C. for at least 24 months.
- Have an existing footprint in the province of British Columbia.
- Can demonstrate being a viable operation through positive cash flow or have net positive assets.
- Are not currently preparing the business for closure, dissolution, bankruptcy or sale.
Please note:
- Not-for-profit organizations are not eligible.
- Organizations can apply individually, or in collaboration with other eligible applicants, if the primary applicant is an eligible entity.
What Types of Projects Are Funded?
There are two different streams which provide different levels of funding for projects:
Stream 1 - Smaller Capital Projects
- 50% of capital costs up to $500,000
- Equipment and facility modernization support for boat and shipyards OR new small vessel construction infrastructure
Stream 2 - Larger Capital Projects
- 25% of capital costs up to $5 million
- Dry dock and wharfage expansion for boat and ship overhaul, refit, maintenance and repair infrastructure
Note: The limited third intake will only accept applications for Stream 1 projects. Funds are limited for this third intake of the Grant Program and it is anticipated that only 4 – 6 projects will be approved.
How Does My Organization Apply?
Each funding round of the Program follows a two-step application process.
Step 1 - Expression of Interest (EOI)
- To be completed through an online portal which opens April 25, 2024.
- Company information and a high-level project overview will be entered here.
- This step should take approximately 20 minutes to complete.
- Companies will receive feedback within 10 to 15 days and successful EOI applicants can immediately begin Step 2.
- Deadline for submitting an EOI is May 24, 2024.
Step 2 - Full Proposal (FP)
- Detail on the proposed project will be submitted here.
- We are available to provide support with your FP should you require it.
- Deadline for submitting completed FPs is June 07, 2024.
Companies will be notified as to the funding decision on July 04, 2024.
For more information on eligibility, timelines and the application process download our Program Guide here: Program Guide.
Information Webinar
Discover the BC Maritime Industries Infrastructure Modernization and Expansion Grant Program in our exclusive, free webinar. Learn about eligibility, application process, and funding opportunities. This is a live webinar and questions will be taken from attendees.
Date: May 06, 2024 Time: 14:00 - 15:30 PDT
Plan to attend and register now.
Timeline
- We will start accepting Expressions of Interest (EOIs) from April 25, 2024.
- Deadline for submitting EOIs is May 24, 2024.
- The deadline to receive Full Proposal (FP) is June 07, 2024.
- To ensure maximum time for completing the FP, it is strongly recommended to submit the EOI as soon as the application window opens.
- Please note the deadline for submission will not be extended.
Apply
Ready to take the next step and apply for the BC Maritime Industries Infrastructure Modernization and Expansion Grant Program? We've made it easy for you to get started!
Application for limited third intake is now open!
Results of our First Intake
First Successful Recipients of the B.C. Maritime Industries Infrastructure Modernization and Expansion Grant Program are announced. Please see Press release attached here: ABCMI Jan 22, 2024 Press Release.
Questions?
Interested in the Grant Program? The place to start is completing the EOI which is now open. We’re here to help so email us with your questions.
- Email: grants@abcmi.ca
- Phone: +1-250-889-9181
"B.C. is home to Canada’s largest maritime sector with leaders and businesses at the forefront of marine innovation, clean fuels and technological advancements. By modernizing our maritime infrastructure and better co-ordinating maritime industry contracts and workforce strategies, B.C. will support local companies to grow into new international markets, and open more career opportunities and jobs for British Columbians.”
Brenda Bailey, Minister of Jobs, Economic Development and Innovation
Program Guide
If you'd like to read more about the details and depth of the program, please click on the image below.
Industry Marine Strategy
If you'd like to read more about what the BC government is doing for the marine sector, please click on the image below.
FAQs
Explore our Frequently Asked Questions for quick answers to common queries about the grant program.
