Forest Sector Investment and Innovation Program (FSIIP)
Ministry of Natural Resources and Forestry
Up to $3M
Business projects: up to 30% of eligible costs as a performance-based loan (up to 50% of which may be forgivable); collaboration projects: up to 30% of eligible costs as a grant to a maximum of $3 million
Funds strategic investments by Ontario forest-sector manufacturers and collaborations that enhance competitiveness, open new markets and strengthen regional economies. Business projects get performance-based loans; collaboration projects get grants.
Open the official page ↗How to apply
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Who qualifies
Business projects: Ontario projects with at least $3 million eligible costs by for-profit manufacturers/processors of wood and forest biomass (sawmills, pulp and paper, secondary wood, bio-economy). Collaboration projects: at least $3 million with minimum three partners including an Ontario for-profit forestry company. Harvesting and resource extraction not eligible.
Good to know
- Funding: Grants of up to 15% of eligible costs in exceptional situations; stacking with other provincial programs not allowed; total government stacking up to 50% (business) or 75% (collaboration).
- Cost share: 30% of eligible costs
Evidence from the official page
- amount“You can receive funding support of up to 30% of eligible costs in the form of a performance-based loan (of which, up to 50% may be forgivable).” source ↗
- amount“You can receive funding support of up to 30% of eligible costs in the form of a grant to a maximum of $3 million.” source ↗
- status“Applications are accepted on an ongoing basis. Funding will follow an open, competitive rounds-based application process.” source ↗
Verified 2026-10-09 · High confidence. Always confirm on the official page before applying.