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Forest Sector Investment and Innovation Program (FSIIP) | Government of Ontario

none

Value

Maximum of $3 million.

Description

The Forest Sector Investment and Innovation Program (FSIIP) provides funding for strategic investments in the forest sector that:

  • improve productivity and innovation
  • enhance competitiveness
  • support new market access
  • provide benefits to Ontario’s broader forest sector
  • strengthen regional economies

Support is available under two project categories – business projects and collaboration projects.

Eligible Applicants

Business Projects

  • Support is available for projects with at least $3 million in eligible costs undertaken by for-profit manufacturers and processors of wood and forest biomass across Ontario, including:
    • saw mills
    • pulp and paper mills
    • secondary wood manufacturers
    • bio-economy projects

Collaboration projects

  • Support is available for Ontario-based projects with at least $3 million in eligible costs undertaken through a collaboration of:
    • forest sector for-profit businesses
    • not-for-profit research organizations
    • forest industry associations
    • academia

Eligible Expenses

Business Projects

  • You can receive funding support of up to 30% of eligible costs in the form of a performance-based loan (of which, up to 50% may be forgivable).
  • Grants of up to 15% of eligible costs may be considered in exceptional situations at the discretion of the province.
  • Stacking with other provincial funding programs is not allowed. Stacking with other government support (for example, federal or municipal) is allowed to a maximum of 50% of eligible project costs.

Collaboration projects

  • You can receive funding support of up to 30% of eligible costs in the form of a grant to a maximum of $3 million.
  • Stacking with other government funding programs (for example, federal, provincial and municipal) is allowed to a maximum of 75% of eligible project costs.

Deadline Date

FSIIP will follow an open, competitive rounds-based application process.

Contact

Contact Name: Ministry of Natural Resources and Forestry’s Business Development Branch

Phone Number: 1-844-573-9017

E-mail Address: FSIIP@ontario.ca

Website: https://www.ontario.ca/page/forestry-sector-investment-innovation-program

Industry:

Energy & Environment, Non-Profit, Software/Technology

Location:

Ontario

Tags:

Business, Forestry, Innovation, Manufacturing, R&D

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