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July 16, 2024Jefferson City, Mo. | By: Jeremy Werner
JEFFERSON CITY, Mo. - The Missouri Agricultural and Small Business Development Authority announced the availability of applications for the Biofuel Infrastructure Incentive Program.
This initiative aims to boost the distribution and use of biofuels in Missouri.
Funds will be awarded to fuel retailers, distributors, terminal companies, or fleet operations that store or dispense ethanol blends of E15 or higher or biodiesel blends of B6 or higher.
Applications are due by Oct. 15, with fund recipients notified by Nov. 29. Half of the funding will be allocated to biodiesel projects and the other half to ethanol projects.
Eligible applicants must be involved in constructing, retrofitting, or improving infrastructure for biodiesel or ethanol blended fuels within Missouri.
Funds can be used for various infrastructure improvements, including fuel dispensers, storage tanks, and system components. For more information, visit masbda.com or call 573-751-2129.