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USDA Announces Solicitation For Applications For BAP Funds
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By Lynn L. Bergeson

On August 3, 2018, the U.S. Department of Agriculture (USDA) Rural Business-Cooperative Service publicized two application cycles for applications for funds available under the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program (BAP). The loans under the aforementioned program are designed to encourage the proliferation of biobased practices that use “technologically new commercial scale processing and manufacturing equipment to convert renewable chemicals and other biobased outputs of biorefineries into end-user products, on a commercial scale.” Applications must be submitted by 4:30 p.m. (EDT) on October 1, 2018, or during the second application cycle, by 4:30 p.m. (EDT) on April 1, 2019.