Forest Sector Investment and Innovation Program (FSIIP)
Receive up to 30-50% Government Funding Support.
The Forest Sector Investment and Innovation Program (FSIIP) helps companies that operate in the forestry sector to invest in new equipment, facility expansion, process, and product innovation.
Forest Sector Investment and Innovation Program (FSIIP)
Amount of Funding
There are two streams of funding for this program that vary in their funding allottments:
- Business projects: May receive a loan of up to 30% of eligible cost (50% of which may be forgivable). Stacking government funding programs not permitted.
- Collaboration projects: May receive up to 30% of eligible cost via a grant which may amount to a maximum of $3 million. Stacking other government funding programs may be permitted as long as the total funding support does not surpass 50%.
Forest Sector Investment and Innovation Program (FSIIP)
Eligible Applicants
Eligibility for funding varies between funding streams:
- Business projects:
- Saw mills;
- Pulp and paper mills;
- Secondary wood manufacturers; and
- Bio-economy projects.
- Collaboration projects:
- Businesses that are in the forest sector and for-profit;
- Not-for-profit organizations in research capacity;
- Forest industry associations; and
- Academia
Forest Sector Investment and Innovation Program (FSIIP)
Eligible Activities
Eligible activities for both streams must provide the following benefits for the forest sector:
- Increase competition and productivity output;
- Generate more innovation;
- Expand market access for Ontario businesses;
- Make Ontario a stronger competitor on the global market; and
- Make regional economies more robust.
Forest Sector Investment and Innovation Program (FSIIP)
Program Deadline
Contact our team to learn about upcoming deadlines.
Forest Sector Investment and Innovation Program (FSIIP) News
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