Virginia Laws and Incentives for Grants

The list below contains summaries of all Virginia laws and incentives related to Grants.

State Incentives

Biofuels Production Grants

The Biofuels Production Incentive Grant Program provides grants to producers of advanced biofuels, specifically fuels derived from any cellulose, hemicellulose, or lignin from renewable biomass or algae. A qualified advanced biofuels producer is eligible for a grant of $0.125 for each gallon of neat (100%) advanced biofuel sold. A producer of non-advanced biofuels, including biodiesel, green diesel, and ethanol fuel, is eligible for a grant of $0.10 per gallon of neat biofuel sold in the commonwealth. To qualify, a producer must have begun selling neat biofuels on or after January 1, 2008, and must have produced at least one million gallons of neat biofuels before September 30, 2011. If a producer began selling neat biofuels before January 1, 2008, the producer is only eligible for a grant if its production of neat biofuels for the given calendar year exceeds its production in the 2007 calendar year by at least one million gallons and, in future years, continues to meet or exceed that amount. Each producer is only eligible for six calendar years of grants. This program expires June 30, 2017. (Reference Virginia Code 45.1-393 and 45.1-394)

Agriculture and Forestry Industries Development Fund

The Governor's Agriculture and Forestry Industries Development Fund provides grants designed to promote and develop the agriculture and forestry industry in Virginia and create or expand value-add facilities, including qualified biofuel production facilities. Individual grants may not exceed $250,000 or 25% of qualified capital expenditures and are awarded at the governor's discretion. Eligible applicants are local government and other Virginia political subdivisions. Terms and conditions apply, including the use of a minimum percentage of Virginia grown products, matching funds, and performance requirements. (Reference House Bill 766, 2012, and Virginia Code 3.2-304)

Alternative Fuels Grants and Loans

The Alternative Fuels Revolving Fund is used to distribute loans and grants to municipal, county, and commonwealth government agencies to support alternative fuel vehicle (AFV) programs; pay for AFV maintenance, operation, evaluation, or testing; pay for vehicle conversions; or improve alternative fuel infrastructure. Eligible alternative fuels include electricity, hydrogen, and natural gas. Projects with a funding match are given priority in the evaluation process. (Reference Virginia Code 33.1-223.4 and 33.1-223.7)