This program is tailored for businesses looking to lead in sustainable technology. By participating, you can access funding to scale up projects that produce sustainable aviation fuel and renewable chemicals. This is not just a chance to improve your bottom line; it’s an opportunity to align your business with environmental goals that are increasingly important in today’s market. Collaborating with research institutions can provide you with valuable insights and resources to develop innovative solutions.

The cost-sharing aspect of this funding significantly lowers your financial risks. You won’t bear the entire burden of the expenses for high-stakes R&D projects. Plus, there’s no immediate repayment required, giving you the freedom to focus on long-term growth without the pressure of quick returns. This program offers a genuine pathway to position your business at the forefront of the energy transition in a future that values sustainability.

Type of Financing

You will find funding opportunities in the form of cost-shared grants. This means that the funding provided will be shared with you; you won't need to repay it. It's designed to support your project's development and scaling.

Repayment Terms and Eligible Expenses

There are no repayment terms or interest rates associated with these grants. You can use the funds for various eligible expenses, including:

• Research and development costs
• Construction and operation of pilot- and demonstration-scale biorefineries
• Validation of new technology and feedstock pathways

Ineligible Expenses and Fees

It's important to note that the funds cannot be used for personal expenses or any costs unrelated to the development and scaling of the project. Additionally, there are no application fees associated with this program. This makes it easier for you to access the funding without hidden costs.

• Location: Available across the country.
• Sectors: Open to all sectors.
• Minimum Employees: No minimum employee requirement.
• Maximum Employees: No maximum employee limit.
• Minimum Company Revenue: No minimum revenue requirement.
• Maximum Company Revenue: No maximum revenue limit.
• Legal Structure: All legal structures are eligible.
• Profit Structure: All profit structures are eligible.

Disqualifications:

• None specified in the context provided.

This program is focused on helping businesses like yours advance sustainable technologies in bioenergy. You can access funding to scale up projects that produce sustainable aviation fuel and renewable chemicals. This is a great chance to innovate and grow in a rapidly evolving market that values sustainability.

The funding can be used for creating new technology or processes that improve how feedstocks are converted into energy. This means you can invest in projects that not only help your bottom line but also support environmental goals. The partnership encouraged here means you could collaborate with universities and research institutions, giving you added insights and resources.

While there isn't a set amount of funding available, the program is designed to reduce risks associated with high-stakes research and development. It allows for cost-sharing, which means you won’t carry the entire financial burden. There's no immediate payback period for this funding, making it easier for you to focus on long-term projects without the stress of quick returns. This is a significant opportunity for you to lead in this innovative space.