Government of Ontario, Ministry of Natural Resources and Forestry -Forest Sector Investment and Innovation Program (FSIIP) – Collaboration Projects (2022)
Description:
The Forest Sector Investment and Innovation Program (FSIIP) – Collaboration Projects program provides funding for Ontario-based projects with at least $3 million in eligible costs undertaken through a collaboration of forest sector for-profit businesses, not-for-profit research organizations, forest industry associations and academia. Eligible collaborations should develop, diversify and transform Ontario’s forest sector through innovation in technology, process and/or products.
Comments on Funding:
Funding is up to 30% of eligible costs in the form of a grant to a maximum of $3 million.Stacking with other government funding programs (for example, federal, provincial and municipal) is allowed to a maximum of 75% of eligible project costs.
Eligibility:
Applicants must:
- forestry-related not-for-profit corporations;
- incorporated not-for-profit industry association representing a sector of Ontario’s forest industry;
- 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;
- Ontario-based post-secondary education institution.
- 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 (such as wood building construction and design) of Ontario’s economy.
Applications Steps:
submit a Stage I application. To apply, they must login to Transfer Payment Ontario and complete the Stage I Eligibility Checklist and Application Form.
submit a fully completed Stage II Business Plan and all required supplemental documents by the Stage II deadline, if they successfully passed Stage I.
There is a 2-stage application and evaluation process, as following:
Stage I: project overview to determine whether project meets eligibility criteria and assessment of how well the project aligns with the objectives of the program;
Stage II: competitive, rounds-based project evaluation process, including financial and technical due diligence and project risk assessment.
Other Things to Note:
FSIIP will follow an open, competitive rounds-based application process.
When It Ends:
Ongoing
Deadline:
March 18,2022
June 17, 2022
September 16,
2022
December 16, 2022
March 17, 2023
June 16, 2023