ecoAgriculture Biofuels Capital Initiative (ecoABC)

The ecoAgriculture Biofuels Capital Initiative (ecoABC) is a four-year, $200 million federal program that provides repayable contributions of up to $25 million per project for the construction or expansion of transportation biofuel production facilities.

Eligibility Criteria

Corporations (including co-operatives), individuals, and partnerships are eligible to apply for ecoABC funding. Eligible applicants cannot be subject to controlling interest by a federal, provincial or municipal government.

Eligible Activities

Funding is provided for projects that use agricultural feedstocks to produce biofuels and that have new agricultural producer equity investments in the projects equal to, at minimum, 5% of the total eligible project costs.

Summary

How much financial assistance is available?

ecoABC may make a repayable contribution towards an individual project of up to $25 million or twenty-five percent (25%) of Eligible Project Costs, whichever is less. An applicant may invest in several ecoABC projects. Each project would be individually subject to the funding limits of $25 million or twenty-five percent (25%) of eligible project costs, whichever is less. During the first year, which ends March 31, 2008, the Government of Canada will enter into contribution agreements with successful applicants on a first-come first serve basis within each province or territory to a maximum total of $50 million per province or territory.

Please contact Agriculture and Agri-Food Canada or visit the ecoABC Web page for all the program details.

New Brunswick Contact(s):
See National Contact.

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National Contact(s):
ecoABC Initiative
Agriculture and Agri-Food Canada
Sir John Carling Building
930 Carling Avenue
Ottawa, Ontario  K1A 0C5
Telephone: 613-759-1000
Fax: 613-759-7977
Toll-free (information): 1-866-367-8506
TTY (hearing impaired): 613-759-7470
E-mail: ecoABC@agr.gc.ca
Web site: http://www.agr.gc.ca/index_e.phtml