Beta© 2026 Adaptrex, LLC
Beta© 2026 Adaptrex, LLC
Federal grant · project grant (b)
This Eda Investment Supports the Renovation and Expansion of the 500 Sails Boatyard in the Commonwealth of Northern Mariana Islands (cnmi). the Project Will Transform the Building From a Small Teaching Boatyard to a Modern Maritime Training Facility (MTC). the Northern Mariana Islands Maritime Training Center Will Provide Formal, Hands-on Training to a Growing Workforce for Cnmi's Emerging Maritime Industry. the Maritime Industry Will Bring Diversity to the Cnmi's Economy That Is Currently Dominated by One Industry, Tourism. the MTC Will Help the Cnmi Communities Accelerate Economic Recovery From the COVID-19 Pandemic and Build an Economy That Will Be Resilient to Future Economic Shocks, Which Will Help Boost the Maritime Workforce Throughout the Region.
Committed
$1.6 Million
Paid out
$250.5K
15%
Committed, not yet paid
$1.4M
85%
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