Building a New American Industry
Ocean Wind Pro-NJ Grantor Trust
Ørsted believes that offshore wind presents an opportunity not just for developers but for local businesses as well, which begins with building a domestic supply chain. Ocean Wind has established a $15 million Pro-NJ Grantor trust. The trust will offer small, women-owned and minority owned businesses support in re-tooling their businesses to participate in the offshore wind industry. The fund will also provide funding for infrastructure resiliency improvements critical in Atlantic, Ocean and Cape May counties.
If you are a business owner and you believe that your business meets these requirements we encourage you to visit the site later in the spring when a formal announcement will be made on how to apply.