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.

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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 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
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Forest Sector Investment and Innovation Program (FSIIP) News