USDA Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program.
Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program
This program provides loan guarantees up to $250 million to assist in the development, construction, and retrofitting of new and emerging technologies. These technologies are: advanced biofuels, renewable chemicals and biobased products.
You must have legal authority, experience, and expertise and demonstrate that you meet the FDIC definition of “Well Capitalized” at the time of application and issuance of the Loan Note Guarantee, including:
Federal or state-chartered banks.
Farm Credit Bank, or other Farm Credit System institution with direct lending authority.
Credit Unions subject to credit examination and supervision by a state agency or the National Credit Union Administration.
The National Rural Utilities Cooperative Finance Corporation.
Total Amount Available:
Full Application is due October 1st, 2022.
Letter of Intent is due September 1st, 2022.
Grant Management Associates has years of experience with opportunities like this one. Contact us today for a consultation.