Crowdfunding is coming to biofuels. On August 3, 2014, Bio Revolution America launched a 45 day Indiegogo crowdfunding campaign to fund its biofuels projects in Appalachia and within one week is reporting reaching 30 percent of their goal. The company has developed a Bio extractor machine that has they believe has the potential to change the face of biofuel manufacturing. The extractors are made in America, have six years of field testing and are patent pending.
According to Bio Revolution America, the machine extracts 100 percent carbon neutral bio oil and byproducts from plants using a cold oil extraction process. Cold oil extraction uses no chemicals or solvents and leaves everything in its natural, organic state. The bio-oil can then be used in foods, as biodiesel and the pressed meal can be used for cosmetics, medicine and more.
“There has probably never been a time in the history of America when something this important could happen,” said Bio Revolution America spokesperson Randall Richards. “Everyone wins! We help create jobs and income in the poorest parts of the U.S., We help save the environment, and become the world’s leader in pure, green, bio technology on a large scale!”
Upon reaching their Indiegogo funding goal they plan to help farmers in Appalachia plant seeds this fall so that the plants can be harvested in the spring 2015. The initial outreach is taking place in Appalachia, but will expand from there to the Midwest and Western U.S. in the next year.