USDA Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program (BRCBPMA)
As the call for increased production of homegrown, renewable forms of fuels, biochemicals, and bioproducts has grown, so has the need to develop and produce them. USDA Rural Development offers opportunities to producers to development such fuels through the BRCBPMA Program. The program provides loan guarantees up to $250 million for the development, construction, and retrofitting of commercial-scale biorefineries and biobased processing facilities.
The BRCBPMA Program was established in the 2014 Farm Bill to assist in the development of new and emerging technologies for the development of advanced biofuels, biochemicals, and bioproducts and aims to accomplish the following:
- Increase the energy independence of the United States
- Promote resource conservation, public health, and the environment
- Diversify markets for agricultural and forestry products and agricultural waste materials
- Create jobs and enhance economic development in rural America
Westar Trade Resources has been the premier loan packager and feasibility study provider for the USDA 9003 program. Below are some of our successful applicants:
Below are some helpful links that outline the program requirements and offer information about how to apply for the program.
Please view the two webinars that were recently held:
USDA 9003 Program -Winning Strategies for Success, presented on July 23, 2015 at 3:00 pm EST
- Mark Brodziski, Director, USDA Energy Division, USDA Rural Development
- Bill Crump, Senior Project Manager, Leidos
- Wes Bolsen, Business Development and Public Affairs, Cool Planet
- Bob Doherty, CFO, Ensyn
- Cindy Thyfault, CEO, Westar Trade Resources
Topics covered included:
- Overview of the new 9003 Program regulations and the newly revised application guide
- Developing a winning strategy over your competition during the application process and avoid common pitfalls
- Recommendations and pointers for locating a Lender of Record
- Understand the role of the Independent Engineer and how this will affect your application
- Obtain important information regarding technical readiness and common technical pitfalls
- Get recommendations from successful prior applicants on "lessons learned" and what the success of the loan guarantee has meant to their business
- Q&A Session following the presentation
A useful document comparing the rules from this program to the previous program is the latest Legal Alert from Kilpatrick and Townsend:
USDA 9003 Technical Readiness Success Strategies presented on Aug 14, 2015 at 12:00 PM EDT
Chris Cassidy, USDA National Renewable Energy Advisor
James Campbell, USDA RD Energy Division
Bill Crump, Project Manager, Leidos
Cindy Thyfault, CEO Westar Trade Resources
Topics discussed include:
• What is a good description of technical readiness by industry and also USDA standards?
• How is the Integrated Demonstration Unit defined – what is the progression from “Research and Development - Pilot - IDU - Commercial ” and what is a “deal killer”?
• What variables affect the Independent Engineering Evaluation process, and how is that process conducted?
• How is the technical evaluation conducted throughout the USDA evaluation process?
• How should companies optimize their technical readiness in the 9003 Phase 1 Application?
• Which USDA program should I be applying for - 9003, 9007, or B&I?
• Are there any special or unique considerations for renewable chemicals and bio-products?
For more information or to schedule a free, no obligation consultation about your project which includes a free potential lender review and recommendation, please contact Cindy Thyfault, CEO, Westar Trade Resources at firstname.lastname@example.org or 866-480-4405.
Key documents needed for applying to this program include (click on the buttons for more information):