USDA opens application window for biofuel funding programs
Ethanol Producer Magazine
By Kris Bevill March 14, 2011
The USDA announced March 14 that it is now accepting applications for three funding programs related to biofuel production—the Biorefinery Assistance Program, the Repowering Assistance Program and the Bioenergy Program for Advanced Biofuels. Secretary of Agriculture Tom Vilsack said the funding provided through these programs— loan guarantees for new or retrofitted biorefineries, financial assistance for fuel switching from fossil fuels to renewable biomass, and payments to reward the production of advanced biofuels—will result in job creation and assist in the United States’ goal to become energy independent. “These investments will help spur new technologies that will enable us to reduce reliance on fossil fuels and build a strong renewable energy industry in rural America that will enable our nation to ‘out-innovate’ its competitors,” he said.
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