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Forest Sector Investment and Innovation Program

​The Forest Sector Investment and Innovation Program (FSIIP) provides funding for strategic investments in the forest sector that improves productivity and innovation, enhances competitiveness, and supports new market access.  The fund is applicable for saw mills, pulp and paper mills, secondary wood manufacturers, and bio-economy projects.

Status

Open

Deadline

  • March 17, 2023

  • June 16, 2023

Funding Limits

  • Loans: 30% of eligible costs in the form of a minimum $3M performance-based loan (of which, up to 50% may be forgivable).

  • Grants: Grants of up to 15% of eligible costs may be considered in exceptional situations at the discretion of the province.

Used for

  • Enhance productivity and competitiveness

  • Increase innovation

  • Support new market access

  • Provide benefits to Ontario’s broader forest sector

  • Strengthen regional economies

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