USDA Announces Investments in Bioenergy Research and Development
In the frame of President Obama’s strategy to spur innovation of clean bioenergy in the United States and reduce dependence on foreign oil, Agriculture Secretary Tom Vilsack announced $25 million to fund research and development of next-generation renewable energy and high-value biobased products from a variety of biomass sources.Four projects have been selected for funding through USDA's National Institute of Food and Agriculture (NIFA):
Grant recipients are required to contribute a minimum of 20 percent matching funds for research and development projects and 50 percent matching funds for demonstration projects.
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