Covid relief for biofuel producers grants
Ended Project Grant Awarded
- Award ID
- CLSS00000072722
- Recipient
-
Gevo, Inc. UEI GDU5UW4RQ4J5
- Awarding agency
-
Rural Business Cooperative Services
Washington Office, Department of Agriculture
- Obligated
- $5,751,837
Award facts
- Assistance listing
- 10.378 Biofuel Producer Program
- Completion date
- Funding
-
- $2,875,918.43 Federal
- $2,875,918.43 Non-federal
- Place of performance
- Minnesota, USA
Award details come from USAspending.gov.
About this award
The Department of Agriculture Rural Housing Service awarded a $5.75 million COVID Relief for Biofuel Producers Grants project grant to Gevo, Inc. on May 18, 2022. The grant is part of the agency's Biofuel Producer Program (CFDA #10.378), which provides payments to eligible biofuel producers for unexpected market losses due to COVID-19. Gevo, Inc. will deliver biofuel production services through May 18, 2024 in Minnesota to support this program's goal of assisting biofuel companies financially impacted by the pandemic. The award amount and two-year period of performance indicate substantial funding to help counter revenue losses experienced in the biofuels industry and maintain domestic production capacity during an economically challenging time.
Quick answers
Who received award CLSS00000072722?
CLSS00000072722 was awarded to Gevo, Inc. by Rural Business Cooperative Services (Washington Office) on May 18, 2022.
How much is award CLSS00000072722 worth?
$5,751,837 has been obligated on CLSS00000072722: $2,875,918 in federal funding and $2,875,918 in non-federal funding.
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