Biofuels Center Grants $2.77M
The Oxford-based Biofuels Center of North Carolina has distributed $2.77 million in 18 grants to help develop new non-food sources and improve production techniques to help grow a statewide biofuel industry.
Panels of experts from industry, non-profits, and state agencies helped the Center winnow 49 grant applications, seeking almost $7.2 million, to choose this fiscal year's final recipients. The Center sets aside more than half its annual budget for grants to accelerate the technologies and feedstocks needed for a statewide biofuels industry to be successful. This grant cycle was narrowly focused on connecting feedstocks with conversion technologies.
"The Midwest has corn and Brazil has sugarcane," said Biofuels Center President Steven Burke. "North Carolina needs to develop conversion technologies for the types of crops and trees the state has in plenty so that we are able to turn this biomass into viable, advanced biofuels. This funding puts North Carolina on the path toward reducing its dependency on foreign oil and liquid fuel imports while putting money back into our state's economy."