grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|fromMinToMax
  • grant_single|projectCostPercent
grant_single|deadlines
  • grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
  • Agriculture, forestry, fishing and hunting
grant_single|grantors
  • Government of Ontario
  • Ministry of Natural Resources and Forestry (ON)
grant_single|status
grant_card_status|opengrant_card_status|closingSoon

grant_single_labels|preview

If you are a manufacturer or processor of wood or forest biomass, you could get a performance-based loan to cover up to 30% of eligible costs for projects that improve productivity and innovation.

grant_single_labels|projects

Yes, there are several projects and activities eligible for this grant.
Eligible activities include productivity improvements, technology upgrades, process innovations, and market expansion initiatives among others, all aiming at improving the competitiveness of Ontario’s forest sector.
  • Project facility modifications/upgrades required for the project
  • Purchase or upgrade of equipment and machinery
  • Capital lease for new equipment
  • Project-related computer hardware and software
  • Materials used for prototypes and configuring/testing production processes
  • One-time labour costs directly attributable to the project
  • Market expansion activities such as certification and packaging redesign
  • Travel expenses related to the project
  • Legal and accounting fees for intellectual property protection and project-related development
grant_single|admissibleProjectsExample

$196,500

Calgary
Introducing automated processing in wood pellet production.

$318,000

Vancouver
Upgrading sawmill equipment and increasing production efficiency.

$75,000

Toronto
Implementing new software to manage wood inventory efficiently.

$54,000

Montreal
Developing an eco-friendly packaging solution for wood products.

$135,000

Ottawa
Research and development of a new sustainable wood treatment process.

grant_single_labels|admissibility

Eligible applicants are various types of forestry and wood products corporations, educational institutions, and not-for-profit organizations directly related to Ontario’s forest industry. Projects must meet specific objectives and demonstrate a positive impact on the forest sector and regional economies.
  • Ontario forest and wood products corporations
  • Extra-provincial forest and wood products corporations
  • Federal forest and wood products corporations
  • Foreign forest and wood products corporations, provided they have incorporated a Canadian/Ontario subsidiary
  • Forestry-related not-for-profit corporations
  • Ontario-based post-secondary education institutions

grant_eligibility_criteria|who_can_apply

Yes, the following types of companies are eligible to apply for the Forest Sector Investment and Innovation Program (FSIIP) grant, provided they meet specific criteria and objectives of the program. These entities range from Ontario-based companies to foreign corporations that have established a subsidiary in Ontario.
  • Ontario forest and wood products corporations
  • Extra-provincial forest and wood products corporations
  • Federal forest and wood products corporations
  • Foreign forest and wood products corporations (with a Canadian/Ontario subsidiary)
  • Forestry-related not-for-profit corporations
  • Ontario-based post-secondary education institutions

grant_eligibility_criteria|who_cannot_apply

Harvesting and hauling companies/projects are not eligible under the business projects stream of the Forest Sector Investment and Innovation Program (FSIIP).
  • Harvesting companies
  • Hauling companies

grant_eligibility_criteria|eligible_expenses

Eligible costs must be directly attributable to the project and incurred after the effective date of the funding agreement, including one-time costs for development and implementation. Ongoing operational costs, production costs, and many other general expenditures are not eligible.
  • Project facility modifications/upgrades
  • Equipment and machinery
  • Capital lease (non-interest portions)
  • Computer hardware/software/electronics
  • Materials for project-specific purposes
  • One-time labour costs directly attributable to project implementation
  • Research and development costs
  • Training costs directly attributable to the project
  • Market expansion related expenses
  • Project-related travel expenses
  • Legal and accounting fees directly related to the project

grant_eligibility_criteria|zone

The eligible geographic zones for this grant are locations within Ontario, Canada.
  • Ontario-based locations or facilities
  • Ontario-based post-secondary education institutions

grant_single_labels|criteria

Yes, there are evaluation and selection criteria for this grant. Projects will be evaluated based on their outcomes, alignment with sector priorities, regional and net economic impact, incrementality, return on investment, and due diligence assessments.
  • Project outcomes: The proposal supports the goals of strengthening Ontario’s competitive advantage through productivity, innovation and/or market expansion whether domestic or global, and the number of new and/or retained jobs resulting from the project.
  • Sector/cluster priorities and impacts: The proposal aligns with sector and cluster priorities and is of strategic importance to Ontario’s broader forest sector.
  • Regional impact/net economic impact: The project positively impacts regional economies (directly and/or indirectly) and generates social and/or economic benefits beyond the immediate benefits to the applicant.
  • Incrementality: Critical aspects of the proposed investment in the project will not happen without government support.
  • Return on investment (business projects stream only): The government will achieve a net positive return on its investment.
  • Due diligence: Comprehensive assessment of financial and technical risks, including external due diligence advisors for business projects and in-house or external assessments for collaboration projects.

grant_single_labels|register

  • Step 1: Register with TPON
  • Step 2: Login to your TPON account and complete the Stage I eligibility checklist and application form
  • Step 3: Wait for notification of Stage I approval (within 10 business days)
  • Step 4: If approved, complete and submit a detailed Stage II application and supporting documentation within 15 business days
  • Step 5: Undergo a comprehensive and in-depth evaluation including financial and technical due diligence and project risk assessment
  • Step 6: Wait for the final decision and notification within 65 business days of Stage II application submission
  • Step 7: If approved, enter into a funding agreement with the province outlining project commitments and clawback provisions
  • Step 8: After execution of the funding agreement, provide evidence of eligible project costs incurred and paid for, to receive disbursements

grant_single_labels|otherInfo

Approved projects will be the subject of public announcements and recipients must comply with various compliance assessments and potential clawback provisions if commitments are not met.
  • Confidential information should be clearly marked, and the province will notify applicants before granting access to potentially sensitive records.
  • Project descriptions, investment commitments, and amounts of government support must be publicly reported annually, including achieved results.
  • Compliance checks will be conducted with various ministries, including Labour, Environment, Accessibility, Finance, and Municipal Affairs.
  • Funding agreements will include performance measures and reporting requirements, potential clawbacks, and conditions to maintain Ontario's job and facility footprints.
  • Disbursements are generally made in arrears with potential initial payments upon fulfillment of disbursement conditions.

grant_single_labels|documents

Forest Sector Investment and Innovation Program — Business projects

grant_single_labels|contact

FSIIP@ontario.ca
1-844-573-9017
Apply to this program