Advanced Biofuel Production Grants and Loan Guarantees
The Biorefinery Assistance Program (Section 9003) provides loan guarantees for the development, construction, and retrofitting of commercial-scale biorefineries that produce advanced biofuels. Grants for demonstration-scale biorefineries are also available. Advanced biofuel is defined as fuel derived from renewable biomass other than corn kernel starch. Eligible applicants include, but are not limited to, individuals, state or local governments, farm cooperatives, national laboratories, institutions of higher education, and rural electric cooperatives. The maximum loan guarantee is $250 million and the maximum grant funding is 50% of project costs. Funding for this program is subject to congressional appropriations through fiscal year 2013. For more information, see the Biorefinery Assistance Program website.
Point of Contact: Office of Rural Development, Business and Cooperative Programs, U. S. Department of Agriculture
4. Advanced Biofuel Production Payments
Through the Bioenergy Program for Advanced Biofuels (Section 9005), eligible producers of advanced biofuels, or fuels derived from renewable biomass other than corn kernel starch, may receive payments to support expanded production of advanced biofuels. Payment amounts depend on the quantity and duration of production by the eligible producer; the net nonrenewable energy content of the advanced biofuel, if sufficient data is available; the number of producers participating in the program; and the amount of funds available. No more than 5% of the funds will be made available to eligible producers with an annual refining capacity of more than 150,000,000 gallons of advanced biofuel. Funding for this program is subject to congressional appropriations through fiscal year 2013. For more information, see the Bioenergy Program for Advanced Biofuels website and contact the appropriate State Rural Development Office. Point of Contact: Office of Rural Development, Business and Cooperative Programs, U. S. Department of Agriculture