The Missouri Agricultural and Small Business Development Authority is announcing the Biofuel Infrastructure Incentive Program to increase the distribution and use of biofuels in the state of Missouri. Funds will be awarded to fuel retailers, fuel distributors, terminal companies or fleet operations that dispense, or will soon store or dispense, ethanol blends of E15 or higher or biodiesel blends of B6 or higher.
The MASBDA Board of Directors has approved up to $4 million for the Biofuel Infrastructure Incentive Program, with half appropriated to biodiesel projects and half appropriated to ethanol projects. To apply, you must be a business entity that is constructing new, retrofitting or improving existing infrastructure or equipment that handles biodiesel fuel, biodiesel blend fuel or ethanol blended gasoline at a facility in Missouri. Applications are due Sept. 30, 2022, and projects receiving funds will be notified no later than Oct. 31, 2022.
For more information on the Biofuel Infrastructure Incentive Program or the Missouri Agricultural and Small Business Development Authority, please visit MASBDA.com. To contact a member of the MASBDA team, email masbda@mda.mo.gov or call (573) 751-2129.