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Government of Ontario, Ministry of Natural Resources and Forestry
Forest Sector Investment and Innovation Program — Business projects
Amount
Varies
Deadline
Rolling
Odds
Competitive, quarterly rounds
Effort
Days to weeks to pre
Can you get this?
✓For-profit wood/forest biomass manufacturers or processors
✓Minimum $3 million in eligible project costs
✕Harvesting and resource extraction projects are not eligible
✓Collaboration needs 3+ partners including one Ontario forestry firm
✕Business projects combining this grant with other provincial programs are not eligible
Your real odds
Meeting every eligibility requirement puts you in the pool, but projects that score higher in the same round will take the funding ahead of you.
The program runs roughly quarterly, with Round 27 closing June 19, 2026 and Round 28 closing September 18, 2026, so you have multiple entry points per year, though each round is a direct head-to-head competition against whoever else applies.
What it takes
Submit Stage I eligibility checklist and application form via Transfer Payment Ontario by the round's Stage I deadlineDays to weeks to prepare
If Stage I passes, submit a full Stage II Business Plan with all supplemental documents by the Stage II deadline (typically ~5 weeks after Stage I close)Several weeks to prepare
Undergo financial and technical due diligence as part of the Stage II competitive evaluationWeeks to months (government-led)
Worth knowing
Up to 50% of the performance-based loan can be forgiven, and you can stack FSIIP with federal or municipal funding up to 50% of total eligible costs, which means pairing it with a federal program can meaningfully reduce how much equity you need to bring.
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