Forest Sector Investment and Innovation Program (FSIIP)

Receive up to 30-75% 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

Apply for Funding

Give your application the best chance at approval. Mentor Works has an 86% approval rating across all Canadian funding programs.

Apply for This Program

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 75%.
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

Upcoming intake periods:
– March 18, 2022
– June 17, 2022
– September 16, 2022
– December 16, 2022
– March 17, 2023
– June 16, 2023
Recommended project duration is between two and four years.

Program Deadline for Canadian Government Funding
Apply for Government Grants with Mentor Works for Time Savings

Apply for Funding

We provide an average 95% time savings to our clients, compared to businesses that apply for funding in-house.

Start Application