What are the equity investment requirements of agricultural producers?
Applicants must demonstrate that their project has new equity investments from agricultural producers equal to or exceeding five percent (5%) of the eligible project costs. A maximum of $1 million investment per individual agricultural producer will be recognized when calculating the total agricultural producer investment in a project, although the actual individual agricultural producer investment may exceed this $1 million. This calculation approach is intended to broaden the participation of agricultural producers in the program. The project must maintain at least the minimum level of 5% agricultural producer equity investment (as a proportion of eligible project costs) for up to two years after construction is completed and biofuel facility starts to produce biofuel at its certified nameplate capacity (the annual production capacity of the facility as certified by a professional engineer). If the agricultural producer equity investment drops below 5% prior to this 2 year period, th
