NBB development program leverages resources, dues dollars

By | January 12, 2011

Leveraging dues income with other sources of funding is an important service the National Biodiesel Board provides its members. The NBB development program works to fund the NBB program plan and to educate members about available funding resources. In 2010, NBB funded work and projects in the program plan by leveraging member dues dollars with a 2:1 match. For every dues dollar that NBB receives, it is able to leverage two dollars from other sources like the soybean check off and federal programs. The funding allows NBB to address important issues such as sustainability, fuel quality, engine testing, and developing new markets such as Bioheat. 


Some of the development highlights in 2010 were:


• Securing additional Department of Transportation funds to support engine testing, fuel quality enforcement, and feedstock development


• Securing new U.S. DOE funds to directly support the feedstock development program


• Collaborating with other alternative fuel organizations for DOE grant funds to  support biodiesel market education


• Developing partnerships with organizations such as the National Governor’s Association and the National Association of State Energy Officials


• Educating producer members about funding opportunities at U.S. EPA, DOE, DOT, and USDA as well as in some individual states


The ability to bring in outside revenue, instead of relying solely on NBB membership dues, allows for a much more concentrated effort in Washington for important policy efforts. While soybean checkoff  funds and federal grant moneys support many of the NBB core projects, membership dues continue to be primarily directed to  policy and lobbying efforts. This ability to leverage membership dues with other sources of funding is an important part of what NBB does for its members.

 
 
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