Subsidy Tracker Parent Company Summary

Parent Company Name: 
POET-DSM Advanced Biofuels
Ownership Structure: 
joint venture (owned 50-50 by Royal DSM and Poet LLC)
Headquartered in: 
South Dakota
Major Industry: 
miscellaneous energy products and systems
Specific Industry: 
biofuels
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$2,957,4533
Federal (grants and allocated tax credits)$33,621,2601
TOTAL$36,578,7134
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$00
TOTAL$00
Time Period for State and Local Awards: 

Earliest year of data: 2017. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2017.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

Dollar totals do not include awards for which no subsidy value is disclosed.

Associated Names: 

POET DSM MARKETING; Poet-DSM Advanced Biofuels


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
Iowa$2,957,4533

Individual Subsidy Records:

Click on the company name for more information on each subsidy award.
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Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
POET-DSM PROJECT LIBERTY, LLC United States federal 2018 $33,621,260 federal grant
Poet DSM Project Liberty LLC Iowa state 2017 $1,148,536 tax credit/rebate
POET-DSM Marketing, LLC Iowa state 2017 $975,355 tax credit/rebate
Poet DSM Project Liberty LLC Iowa state 2017 $833,562 tax credit/rebate
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