The USDA is accepting applications for a new pilot program to support the development of biobased products.  Specifically, the Department of Ag is looking for products that have lower carbon footprints and increase the use of renewable agricultural materials, creating new revenue streams for farmers.  The $10 million investment is part of the larger Bipartisan Infrastructure Law.

Agriculture Secretary Tom Vilsack said when announcing the program during a recent trip to Iowa, “This pilot program is a critical part of USDA’s commitment to enhancing the circular economy and providing additional revenue streams for farmers.”

The program will help farmers take field residues and waste products and turn them into value-added products that create wealth and drive economic development in rural areas.  Under this program, USDA’s National Institute of Food and Agriculture can award up to $10 million divided among the highest-rated applications that include eligible universities and private-sector partners.

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