Apply now for MO biofuel infrastructure grants

Thursday, July 18, 2024

The Missouri Agricultural and Small Business Development Authority (MASBDA) is offering grants to increase biofuel availability across the state.

The Biofuel Infrastructure Incentive Program (BIIP) targets fuel retailers, distributors, and fleet operations looking to store or dispense higher ethanol (E15+) or biodiesel (B6+) blends.

Applications are open until October 15th, 2024, with funding decisions announced by November 29th. The program splits funding equally between biodiesel and ethanol projects.

Businesses constructing, retrofitting, or improving biofuel infrastructure in Missouri are eligible to apply, even for projects spanning multiple locations.

“MASBDA is proud to play a part in growing biofuel availability in Missouri,” said MASBDA Executive Director Jill Wood. “An investment in biofuel is an investment in Missouri agriculture due to the increased demand for soybeans and corn, two of Missouri’s top commodities.”

Grant funds can cover a variety of expenses, including:

Fuel pumps and related equipment
Storage tanks (underground or aboveground)
Tank system components
Other infrastructure ensuring safe access to biofuel blends

“Biodiesel is a Missouri-made, renewable fuel that supports Missouri soybean farmers and provides more options for fuel suppliers and fleets,” said Missouri Soybean Merchandising Council Chairman Aaron Porter of Dexter.

"This grant program exemplifies successful public-private partnerships," added Missouri Corn Merchandising Council Chair Matt Lambert. "We appreciate collaboration with officials and MASBDA to expand biofuel options, improve air quality, and bolster energy security with homegrown renewable fuels."

The program prioritizes larger projects (Tier 1) with awards capped at 50% of eligible costs or $500,000. Smaller operations (Tier 2) can qualify for grants covering up to 75% of eligible costs, with a maximum of $250,000.

For more information on the Biofuel Infrastructure Incentive Program contact a member of the MASBDA team, call (573) 751-2129 or email masbda@mda.mo.gov.

Photo Credit: vista-mipan