$ 50,000.00
More Information

The Forest Sector Investment and Innovation Program offers 30% interest-free loans (up to $3M over 4 years) for projects improving Ontario’s forest industry. Up to 50% ($1.5M) may be forgiven if hiring and investment targets are met. Projects must have $3M+ eligible costs. Eligible costs include equipment, retrofits, export marketing, R&D, training and salaries.

Eligible Applicants:
- Wood/forest biomass manufacturers (e.g., sawmills, pulp & paper)
- Secondary wood manufacturers (e.g., cabinets, pallets, furniture)
- Bio-product manufacturers using forestry inputs

Projects are evaluated on increased Ontario wood purchases, job creation, and sector/provincial benefits.

Pre-proposal: 25 March 2025 | Full Application: 29 April 2025

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