Ontario Forestry Growth Fund

ByMaurice
  • This program is currently closed.

Description:

The Forestry Growth Fund provides grants and loans for strategic investments in the forestry sector that improve productivity and innovation, enhance competitiveness, support new market access and strengthen supply chains and regional economies.

Comments on Funding:

Funding is a grant of up to 20%, a loan of up to 40%, or a combination of grants and loans up to 40% of eligible project costs, depending on how well the applicant’s project matches the program objectives.

Eligibility:

Applicants must be:

  • manufacturers and processors of wood and forest biomass across Ontario, including saw mills, pulp and paper mills, secondary wood manufacturers, and
  • bio-economy projects with at least $5 million in eligible costs.
  • Harvesting and resource extraction projects are not eligible for funding.

Applications Steps:

Documentation Needed:

For information regarding the Forestry Growth Fund applicants must contact the Ministry of Natural Resources & Forestry’s Business Development Branch

Other Things to Note:

Program no longer active at the beginning of 2021.

Program Contact:

Forestry Growth Fund

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.

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