http://www.marad.dot.gov/ships_shipping_landing_page/small_shipyard_grants/small_shipyard_grants.htm

The shipyard facility must construct, repair, or reconfigure vessels 40 ft. in length or greater, for commercial or government use. Grants are for capital and related improvements that will be effective in fostering efficiency, competitive operations, and quality ship construction, repair, and reconfiguration. Such grants may NOT be used to construct buildings or other physical facilities or to acquire land. Grant funds may also be used for maritime training programs to foster technical skills and operational productivity in communities whose economies are related to or dependent upon the maritime industry. Grants for such training programs may only be awarded to "Eligible Applicants'" as described below but training programs can be established through vendors to such applicants.