Advanced Biofuels Investment Readiness Program

The Australian Government is calling for applications under the Advanced Biofuels Investment Readiness (ABIR) Program. The ABIR Program is a competitive one-stage, merit-based program that will offer grant funding to selected projects undertaking activities that build the investment case for significant and scalable pre-commercial demonstration projects for the production of high energy, drop-in advanced biofuels in Australia.

The Government announced a AU$5 million grant to James Cook University to develop a macro-algae to biofuels project and the opening of applications under the new AU$15 million Advanced Biofuels Investment Readiness (ABIR) Program. Globally attention is turning to advanced biofuels as they offer an alternative to traditional transport fuels and have the benefit of not impacting on food security as they are derived from non-food feedstocks, such as algae and wood waste.

Applications under the program close at 5pm, 30 April 2012 AEST. For further details click here

Source:BANZ BioFlash

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