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.
Quick View
Funding Amount
(1) Business Stream: Up to 30% support in repayable funding (of which, up to 50% may be forgivable). (2) Collaborations Stream: Up to 50% support in non-repayable funding.
Eligible Applicants
For-profit manufacturers and processors of wood and forest biomass across Ontario (saw mills, pulp, and paper mills, secondary wood manufacturers, and bio-economy projects).
800+
Annual Funding Applications Supported
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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%.
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 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.
Program Deadline
Contact our team to learn about upcoming deadlines.
Average of
Time Saving
95%
Throughout the application process
Apply for Funding
Successfully applying for the right funding program at the right time, focusing on the right topics is no easy challenge. We provide an average 95% time savings to our clients, compared to businesses that apply for funding in-house.
Related News
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Forest Sector Investment and Innovation Program (FSIIP)
Boost your forestry business with FSIIP! Get up to 30% funding for projects over $3M. Next intakes: Sept 20 & Oct 28, 2024. Apply now!
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Forest Sector Investment and Innovation Program: Apply by March 20, 2020
Ontario manufacturers and processors of wood products can apply for up to 30% of project costs via the Forest Sector Investment and Innovation Program.
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Get Help Applying for Business Funding
Learn about the process you will go through to get government funding when you Ryan.
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