Up to $500,000 for studies involving innovation in the Canadian forest sector

Investments in Forest Industry Transformation (IFIT)

Type of Funding

Grant

Max Funding

500,000.00

Region

Federal/National

Application Difficuty

Complex

Processing Time

Slow (A few months)

Province

All Of Canada

Industry

Agriculture and agri-food and Forestry/fishing and hunting.

Funding Goals

RnD/Innovation/Develop a product or service.

Demographic

N/A

Incorporated

Yes

Contact

nrcan.ifit-itif.rncan@canada.ca
1-855-525-9293

Get A Fast Business Loan

Business location – Canada
Monthly Revenue – $10K +
Time in Business – 6 months +

Funds in 24 hours
$5,000 to $500,000
No hidden fees
No collateral
Applying doesn’t impact credit score

Details

Funding for advancement of innovation in the forest sector. Includes, but not limited to: engineering studies, market evaluations, prototype fabrication and products trials.

Eligibility

For-profit companies located in Canada, that produce forest products in an existing forest product manufacturing facility (for example, pulp, paper or lumber mills) or are / will be new entrants in the Canadian forest sector for the purpose of the proposed project.
Clusters, joint ventures and consortiums are included if a for-profit company acts as the lead applicant and will be designated as the recipient of IFIT funding.

Similar funding programs

Grant
Financial support for projects related to the development and demonstration of technologies in the Connected and Autonomous Vehicle in Ontario,
Max Funding $100,000.00
Autonomous Vehicle R&D Partnership - Fund Stream 1
Grant
Funding for businesses, universities, colleges or research institutions looking to develop and bring to market new products and services and adapt new technologies. Can be conditionally repayable.
Max Funding $3,000,000.00
Atlantic Canada Opportunities Agency - Atlantic Innovation Fund
Grant
Financial support for small and medium size businesses, developing and commercializing innovative, technology-driven new or improved products, services or processes in Canada. Extensive funding awarded for large research and development projects.
Max Funding $10,000,000.00
NRC IRAP

Customized equipment leasing for Canadian companies operating in various industries

Loan

Equipment financing options to a diverse range of industries, including Industrial, Construction, Energy, Oil and Gas, Healthcare, Hospitality, Automotive, Technology and more.

N/A

First Capital Leasing - Equipment Leasing

Equipment lease and loan financing for Canadian companies operating in various industries

Loan

Loans and lease for equipment financing for Canadian companies in the Manufacturing, Distribution & Logistics, Mining & Forestry, Food & Beverage, Pharmaceutical/medical/Healthcare, Technology industries.

N/A

Accord Financial - Equipment Financing

Up to $75,000 loans for Canadian SMBs, repayable in 18 months

Loan

Loans up to $75,000 with fixed, weekly payments for Canadian SMBs

75,000.00

Accord Financial - Small Business Loans

©2019-2021 FundingHQ powered by VerticalWave

Log in with your credentials

Forgot your details?