This program offers your business up to $5 million to enhance the infrastructure for renewable fuel. By upgrading your facilities to support higher blends of ethanol and biodiesel, you can cover up to 75% of your project costs. Not only does this funding alleviate the financial burden of such improvements, but it also enables you to lead in renewable energy initiatives and cater to customers looking for cleaner fuel options. You won’t need to repay the grant, making this a risk-free investment in your business's future.

The industry is heading towards a more sustainable model, and this program positions your business to capitalize on that shift. With the potential to greatly improve your operations and customer service, now is the time to take action. No minimum revenue requirements or debt obligations mean it's easier than ever for businesses like yours to qualify and benefit. We're here to help you navigate the application process and maximize the opportunities available to you.

Type of Financing
This program offers cost-share grants. You can receive up to 75% of your total eligible project costs, with a maximum grant amount of $5 million.

Repayment Terms
There are no repayment terms or interest rates, as this is a grant. You receive the funding without needing to pay it back.

Eligible Expenses
Eligible expenses include capital investments for:

• Building infrastructure for higher blends of fuel ethanol (greater than 10% ethanol, like E15 or higher)
• Implementing biodiesel solutions (greater than 5% biodiesel, like B20 or higher)
• Fueling stations, convenience stores, and related facilities

Ineligible Expenses
Funds cannot be used for routine maintenance or expenses unrelated to the project.

Fees
There are no hidden fees associated with this funding. It’s straightforward: you apply and, if successful, you receive grant money.

• Type of Business:

  • Transportation fueling facilities (e.g., fueling stations, convenience stores, hypermarket fueling stations, fleet facilities)
  • Fuel distribution facilities (e.g., terminal operations, depots, midstream partners, home heating oil distribution facilities)

• Location: Available across the United States.

• Employee Requirements:

  • No minimum number of employees required.
  • No maximum number of employees required.

• Revenue Requirements:

  • No minimum revenue qualifications.
  • No maximum revenue qualifications.

• Legal Structure:

  • All legal structures are applicable.

• Profit Structure:

  • All profit structures are applicable.

Disqualifications:

• No specific disqualifications mentioned in the context.

This program offers your business up to $5 million in funding to expand infrastructure for renewable fuel. This could mean upgrading fuel stations or enhancing other facilities that support higher blends of ethanol and biodiesel. The funds can cover up to 75% of your total project costs, helping you make those necessary improvements to support sustainable fuel options.

Using this funding can significantly improve your operations and contribute to a more renewable fuel market. The program aims to increase the use of higher blended fuels, like E15 and biodiesel blends greater than 5%. This is a chance for your business to lead in renewable energy efforts while also enhancing your customer service with cleaner fuel options.

You won’t have to repay the grant, making it a valuable opportunity to invest in your business without adding debt. With no set budget limits and the focus on building out biofuel-related infrastructure, this program is designed to support your growth in a sustainable way.