ecoAgriculture Biofuels Capital Initiative (ecoABC)
Government of Canada - Agriculture and Agri-Food CanadaApplies to: All of Canada
If you are a Canadian agricultural producer, you can receive up to $25 million to build or expand a biofuel factory using agricultural materials to make fuel for transportation.
To qualify, you need to:
- build the facility in Canada
- supply 5% of the costs of the construction project
- maintain your investment in the factory for at least two years after construction is completed and the facility starts producing biofuel
- use plant material, like corn or grasses, to produce fuel like ethanol or biodiesel
- have an environmental assessment done
- produce at least three million litres of biodiesel or five million litres of ethanol fuel per year
You have to repay this money. The program ends on March 31, 2011.
