Missouri Funding up to $1 Million in Biodiesel Infrastructure Projects DEADLINE: October 29, 2021
(Missouri Department of Agriculture/Biobased Diesel Daily) The Missouri Agricultural and Small Business Development Authority announced Sept. 2 the Biofuel Infrastructure Incentive Program to increase the distribution and use of biofuels in the state of Missouri. Funds will be awarded to fuel retailers, fuel distributors, terminal companies or fleet operations that dispense, or will soon store or dispense, ethanol blends of E15 or higher or biodiesel blends of B6 or higher.
Applications are due Oct. 29 and projects receiving funds will be notified no later than Nov. 30.
The MASBDA Board of Directors has approved up to $2 million for the Biofuel Infrastructure Incentive Program, with half appropriated to biodiesel projects and half appropriated to ethanol projects.
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Funds may be used for, but are not limited to, costs associated with the construction, installation, upgrade or retrofit of:
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Fuel dispensers/pumps
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Related/attached equipment
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Underground or above-ground storage tanks
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Tank system components
Other infrastructure located in Missouri with the sole purpose to ensure the environmentally safe availability of blends of ethanol or biodiesel
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Within each fuel category, up to 75 percent of the funds will be awarded to Tier 1 projects and up to 25 percent of funds will be awarded to Tier 2 projects.
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Tier 1—Any terminal company, fuel distributor or fuel retailer with more than five locations.
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Tier 2—Any fuel retailer with five or fewer station, fleet operations or individual businesses.
Earlier this year, MASBDA awarded nearly $700,000 in funds that will improve and expand infrastructure of the biofuel industry in Missouri by more than 14 million gallons. READ MORE
Missouri launches Biofuel Infrastructure Incentive Program (Ethanol Producer Magazine)