Biodiesel Production and Distribution Grant Program
The Biodiesel Production and Distribution Grant Program is a great new funding opportunity available to qualified Connecticut biodiesel producers and/or distributors looking to advance and strengthen their business capabilities within the Connecticut supply chain. A total of $2.5 million has been made available by the State of Connecticut to support the program and provide grants for the production of biodiesel and the construction and/or modification of biodiesel production, storage, and distribution facilities. Funds will be administered by CCAT with funding provided by the Department of Economic and Community Development from December 1, 2007 to May 14, 2010.
The Program was developed in order to increase economic growth opportunities for Connecticut's clean energy sector and promote a greater use of biodiesel; advance technological innovation in biodiesel; increase public confidence, support and awareness for biodiesel; support the development of biodiesel production and distribution equipment and facilities; and reduce dependence on fossil fuel consumption, and greenhouse gases emissions.
The Biodiesel Production and Distribution Grant Program offers grants for the following:
Biodiesel Production Facility Grant: to assist with purchasing equipment or constructing, modifying or retrofitting biodiesel production facilities. Grants are limited to $3 million, and 25% of the equipment or construction cost;
Biodiesel Production Grant: the production of biodiesel based on the number of gallons of biodiesel produced:
First five million gallons x $.30 per gallon = $1.5 M;
Second five million gallons x $.20 per gallon = $1.0 M; and
Third five million gallons x $.30 per gallon.
At this time, the Biodiesel Production Grant Program has $97,638.50 of funding. Approximately $7,155.60 of this funding has been reserved for biodiesel production grants that are pending. Approximately $90,482.90 is currently available for biodiesel production grants to qualified biodiesel producers.
Complete biodiesel production grant applications may be filed no later than April 30, 2010. An application may be filed for the month of April, but the complete application must be received by CCAT not later than April 30, 2010.
Biodiesel Distribution Facilities Grant: to assist with purchasing equipment or constructing, modifying or retrofitting biodiesel distribution facilities including, but not limited to, the actual costs of creating storage and distribution capacity for biodiesel. Grants are limited to $50,000.
Click on the links above to access the appropriate grant application guidelines. If you have any questions, please contact CCAT by email at biodiesel@ccat.us or by phone at 860-291-8832.
Applicant shall not in any way rely on this program, the State of Connecticut, or CCAT for funding. CCAT is in no way responsible should funding not be made available by the State of Connecticut or other government source.
