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.

Mentor Works Government Funding Application Success Rate

Demande de Financement

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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%.
Amount of Funding from the Canadian Government

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
Eligible Applicants for Canadian Government Funding

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.
Eligible Expenses for Canadian Government Funding

Forest Sector Investment and Innovation Program (FSIIP)

Program Deadline

Contact our team to learn about upcoming deadlines.

Program Deadline for Canadian Government Funding
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Demande de Financement

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Forest Sector Investment and Innovation Program (FSIIP) News

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