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For over three centuries, Connecticut’s maritime industry has been an essential driver of the state’s economy. To quantify the industry’s impact, the Connecticut Port Authority (CPA) commissioned an economic impact analysis from the Connecticut Economic Resource Center Inc (CERC).
The study provides a snapshot in time of the economic impact the maritime industry has across the state, providing a data-driven baseline from which we can measure future economic growth and job creation.
On April 24th the Connecticut Port Authority (CPA) issued a Request for Applications (RFA) for project funding under the Small Harbor Improvement Projects Program (SHIPP), a competitive grant program managed by the CPA. Under SHIPP, Connecticut municipalities and other properties, in or adjacent to waters of the state, may apply for matching funds to conduct a project that improves the infrastructure or management of their local waterway.
The actual selection of grant recipients will take place in June after the CPA Projects Committee rates and selects the applications based on developed criteria and presents to the CPA Board of Directors for final approval.
A SHIPP Grant may be used on a wide range of improvements including: marina repair, dredging, boat ramp facilities improvement, breakwaters, harbor management plans and feasibility studies.
The application submission deadline is 4pm ET on Wednesday, June 12, 2019.
Connecticut is home to three deepwater ports (Bridgeport, New Haven, and New London) and a multitude of small harbors, rail lines, and interstate highways crisscrossing the state. Connecticut is uniquely located at the intersection of maritime access and distribution networks, and a thriving maritime industry in Connecticut means stronger economic growth across each of these assets.
The Connecticut Port Authority is overseeing new investments in infrastructure, dredging and intermodal terminal capabilities that are expanding the foundation of Connecticut’s maritime industry and building a thriving network of efficient, customizable transportation solutions.