BIOBASED PRODUCTS BLOG

USDA Announces Funding Through The Biorefinery, Renewable Chemical, And Biobased Product Manufacturing Program
Posted on October 02, 2020 by Lynn L Bergeson

By Lynn L. Bergeson

On September 21, 2020, the U.S. Department of Agriculture (USDA) Rural Business-Cooperative Service announced that it is soliciting applications for funds available under the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program (the Program) to provide guaranteed loans to fund the construction, development, and retrofitting of commercial-scale biorefineries and of biobased product manufacturing facilities. Biorefineries applying must use eligible technology, and biobased product manufacturing facilities must 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.

USDA will accept applications during two separate cycles, which have application closing dates of 4:30 p.m. (EDT) October 1, 2020, and 4:30 p.m. (EDT) April 1, 2021. Applications and forms can be obtained from:

  • USDA, Rural Business-Cooperative Service, Program Processing Division, Attention: Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program, 1400 Independence Avenue SW, Room 5801-S, Washington, DC 20250-3225.

Of particular interest to USDA are applications that support recommendations made in the Rural Prosperity Task Force report to help improve life in rural America. Applicants are encouraged by USDA to provide measurable results in rural communities’ assistance to build sustainable and robust economies through: strategic investments in infrastructure, partnerships, and innovation. Key strategies outlined by USDA include:

  • Achieving e-connectivity for rural America;
  • Developing the rural economy;
  • Harnessing technological innovation;
  • Improving quality of life; and
  • Supporting a rural workforce.
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