Deadline: 31-Oct-23
The U.S. Dept. of Treasury RESTORE Act Program is seeking applications for its RESTORE Act Centers of Excellence Research Grants Program.
The Centers of Excellence Research Grants Program, administered by the Department of the Treasury, makes available 2.5 percent of all administrative and civil penalties deposited into the Trust Fund plus 25 percent of interest earned on the Trust Fund to the five Gulf Coast states.
Trust Fund amounts are available to establish one or more Centers of Excellence through competitive subawards to nongovernmental entities and consortia in the Gulf Coast Region, including institutions of higher education. Funds may be used to establish Centers of Excellence, and by those Centers of Excellence for science, technology, and monitoring in one or more of the following disciplines as described in the RESTORE Act and Treasury’s implementing regulations at 31 CFR 34.704:
- Coastal and deltaic sustainability, restoration, and protection, including solutions and technology that allow citizens to live in a safe and sustainable manner in a coastal delta in the Gulf Coast Region.
- Coastal fisheries and wildlife ecosystem research and monitoring in the Gulf Coast Region.
- Offshore energy development, including research and technology to improve the sustainable and safe development of energy resources in the Gulf of Mexico.
- Sustainable and resilient growth, economic and commercial development in the Gulf Coast Region.
- Comprehensive observation, monitoring, and mapping of the Gulf of Mexico.
Funding Information
- Award Ceiling: $10,254,565
- Award Floor: $2,212,629
- Expected Number of Awards: 5
Eligibility Criteria
The RESTORE Act and Treasury’s implementing regulations at 31 C.F.R. § 34.702 specify which entities are eligible to receive grants under the Centers of Excellence Research Grants Program. Treasury’s regulations list the Centers of Excellence Research Grants Program eligible applicants for each state as follows:
- In Alabama, the Alabama Gulf Coast Recovery Council or such administrative agent as it may designate;
- In Florida, the Florida Institute of Oceanography;
- In Louisiana, the Coastal Protection and Restoration Authority Board of Louisiana through the Coastal Protection and Restoration Authority of Louisiana;
- In Mississippi, the Mississippi Department of Environmental Quality; and
- In Texas, the Office of the Governor or an appointee of the Office of the Governor.
For more information, visit https://www.grants.gov/web/grants/view-opportunity.html?oppId=343917