Virginia Grants
Biofuels Production Grants
The Biofuels Production Incentive Grant Program provides grants to producers of biofuels, which include neat biodiesel fuel, neat green diesel fuel, and neat ethanol fuel. A qualified biofuels producer is eligible for a grant of $0.10 per gallon of neat biofuels sold in the Commonwealth on or after January 1, 2007. To qualify, a biofuels producer must produce at least two million gallons of neat biofuels in the calendar year in which the incentive is taken. If a producer began selling neat biofuels prior to January 1, 2007, the producer is eligible for a grant only if its production of neat biofuels for the given calendar year exceeds its production in the 2006 calendar year by at least two million gallons and is maintained at a minimum of that level in future years. Each producer is only eligible for six calendar years of grants. (Reference Senate Bill 689, 2008, and Virginia Code 45.1-393 and 45.1-394)
