Amount:

$3,000,000

Type of Program:

Grants


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.


When It Ends:

Ongoing

Deadline:

March 18, 2022
June 17, 2022
September 16, 2022
December 16, 2022
March 17, 2023
June 16, 2023

Eligibility:

Applicants must:

  • must be a collaboration of:
  • 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.
  • must be a collaboration of at least three partners, out of which at least one Ontario-based for-profit forestry/wood products company;
  • must have Ontario-based projects;
  • must undertake projects with a focus on industry-leading innovation, the development and/or implementation of first-in-kind innovation or adaptation or adoption of existing innovations such as:
  • 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:

1

submit a Stage I application. To apply, they must login to Transfer Payment Ontario and complete the Stage I Eligibility Checklist and Application Form.

2

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:

1

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;

2

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.

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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