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

Access a grant of up to $3 million to cover up to 30% of eligible costs for partnership projects among at least three partners that improve productivity and innovation, develop, diversify and transform Ontario’s forest sector through innovation in technol

grant_single_labels|projects

Yes, there are projects and activities eligible for this grant.
  • Process innovation/modernization with broad application
  • Product innovation, new product development with benefits up and down the supply chain
  • Product innovation, new product development with broad benefits across Ontario’s forest sector and/or other related sectors of Ontario’s economy
grant_single|admissibleProjectsExample

$2,400,000

Toronto
Develop a cutting-edge biomass conversion facility to improve energy efficiency in Toronto.

$1,050,000

Ottawa
Implement a digital platform for sustainable forest management in Ottawa.

$2,100,000

Vancouver
Create a new line of eco-friendly forest-derived packaging products in Vancouver.

$2,400,000

Montreal
Establish a forest sector innovation hub in Montreal for research and development.

$1,350,000

Halifax
Launch an online marketplace for sustainably sourced forest products in Halifax.

$1,800,000

Calgary
Enhance wood construction technology and practices in Calgary.

grant_single_labels|admissibility

The eligibility criteria for the Forest Sector Investment and Innovation Program include specific requirements for the types of entities that can apply as well as the nature of the projects. The criteria focus on ensuring that the applicants are closely connected to Ontario's forest and wood products sector and that the projects align with the program's objectives of fostering innovation, productivity, and market expansion.
  • 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 and such entity will be the applicant)
  • Forestry-related not-for-profit corporations (such as incorporated research/science-based organizations or not-for-profit industry associations)
  • Ontario-based post-secondary education institutions
  • Newly-formed companies (“start-ups”) may be considered on a case by case basis, provided the project meets objectives of the program

grant_eligibility_criteria|who_can_apply

Yes, there are eligible types of companies for this grant. The following entities can be considered for funding under the Forest Sector Investment and Innovation Program.
  • 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 (such as incorporated research/science-based organizations or not-for-profit industry associations)
  • Ontario-based post-secondary education institutions

grant_eligibility_criteria|who_cannot_apply

Yes, specific types of projects are not eligible for this grant even if undertaken by eligible entities.
  • Projects involving restructuring
  • Projects involving mergers and acquisitions, such as the purchase of an existing business

grant_eligibility_criteria|eligible_expenses

Yes, there are eligible expenses for this grant. Eligible project costs must be directly attributable to the project and must be incurred and paid on or after the effective date of the funding agreement and up to the project completion date.
  • Project facility modifications/upgrades required for the project
  • Equipment and machinery
  • Capital lease (non-interest portions)
  • Computer hardware/software/electronics
  • Materials directly related to the project
  • One-time labour costs
  • Research and development costs
  • Training costs directly attributable to the project
  • Market expansion costs
  • Travel expenses meeting specific criteria
  • Legal/accounting fees related to the project

grant_eligibility_criteria|zone

The eligible geographic zones for this grant focus on entities with an Ontario presence.
  • 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_single_labels|criteria

Yes, there are evaluation and selection criteria for this grant. Applications are evaluated based on project outcomes, sectoral impacts, regional impacts, incrementality, net positive return on investment, and due diligence.
  • Project outcomes
  • Sector/cluster priorities and impacts
  • Regional impact/net economic impact
  • Incrementality
  • Net positive return on investment
  • Financial and technical due diligence
  • Ministry compliance assessments

grant_single_labels|register

  • Step 1: Register with Transfer Payments Ontario (TPON)
  • Step 2: Login to your TPON account
  • Step 3: Complete the stage I eligibility checklist and application form
  • Step 4: Receive notification of decision to advance to stage II within 10 business days of receipt of a completed stage I eligibility checklist and application form
  • Step 5: Complete and submit a detailed stage II application and all supporting documentation within 15 business days of approval to move on to stage II
  • Step 6: Undergo a comprehensive and in-depth evaluation of the stage II application within 65 business days of submission
  • Step 7: Enter into a funding agreement with the province if the application is approved

grant_single_labels|otherInfo

Here are miscellaneous additional details regarding the funding grant:
  • All project costs must be incurred and paid on or after the effective date of the funding agreement and up to the project completion date.
  • Funding agreements require commitments related to maintaining the company's Ontario footprint, employment, and investment.
  • Project costs that are eligible for reimbursement must be recorded with documentation and are subject to verification by an independent auditor.
  • Bonus payments are eligible if they are non-discretionary, related to a pre-determined rate tied to employee performance targets, and given to non-executive employees.
  • Performance measures must be provided annually under the funding agreements to assess the program's effectiveness against key objectives like productivity, innovation, market expansion, regional impact, and sectoral importance to Ontario's forest sector.
  • Projects will undergo a compliance check with several ministries including Labour, Environment, and Finance for issues like health and safety records, employment standards, and tax compliance.
  • For grants, 20% of the total funding will be disbursed only after the project has been fully completed according to the agreement.
  • Funding agreements include clawback provisions if job, investment, or payroll commitments are not met by the completion date.

grant_single_labels|documents

Forest Sector Investment and Innovation Program — Collaboration projects

grant_single_labels|contact

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