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New program will increase biofuel accessibility in Missouri

A Missouri soybean leader says a new grant program in the state will increase access to biofuels.

Matt Amick, Director of Market Development for the Missouri Soybean Association  tells Brownfield the Biofuel Infrastructure Incentive Program will help fund infrastructure needed to expand and diversify biofuel options.

“This has always been the chicken and the egg scenario. We have people who ask for it but can’t get it and then we have fuel suppliers that want to offer it but don’t know if people are asking for it. Having more infrastructure helps with getting access to biodiesel and this is one of the key concerns we are trying to address.”

The program is offered by the Missouri Agriculture and Small Business Development Authority (MASBDA). The larger Tier 1 projects are eligible for 50% of the cost of the project or up to $500,000 and the smaller Tier 2 projects are eligible for 75% of the cost or up to $250,000.  

Amick says the funding can be paired with federal HBIIP grants on the same project.

“We encourage entities to contact us so we can work through the details of how to make an application work between the state and federal programs to maximize the funding for your biodiesel infrastructure projects.”

Thea deadline to apply for the Missouri BIIP is September 30^th.