The social and economic impacts of COVID-19 have battered small- and medium-sized enterprises, putting millions of jobs in the U.S. at risk. And a year rife with natural disasters has not done the many already struggling businesses any favors.
NOAA Sea Grant announced today grants totaling $15.9 million to support over 300 projects around the nation that help build resilient coastal communities and economies. Through university, state and other partnerships, Sea Grant Programs will supplement the federal funding with an additional $7.9 million in non-federal matching funds, bringing the total investment to more than $23.8 million.