Investments in Forest Industry Transformation — Studies Projects ### 📋 Eligible Entities - Canadian forest industry companies (all sizes welcome) - Private sector forest product manufacturers and processors - Forest-based businesses seeking innovation advancement - Companies operating within Canada's forest sector value chain - Entities with demonstrated involvement in forestry operations or forest product transformation ### 💰 Funding Details - Grant Amount: $100,000 to $500,000 per project - Repayability: Non-repayable grant (funding does not require repayment) - Matching Requirements: Not specified in program description (confirm with program administrator) - Funding Type: Direct grant support for eligible study activities ### 🛠️ Approved Expenses - Engineering studies and technical assessments - Market evaluations and feasibility analyses - Prototype fabrication and development - Product trials and testing - Innovation-related research activities in forest sector advancement - Professional consulting and expert services related to approved studies - Materials and equipment necessary to conduct eligible studies ### ⚠️ Conditions & Milestones - Project must be linked to innovation advancement in the forest sector - Funds designated specifically for study and research phases (not full commercialization) - Applicant must demonstrate clear connection to forest industry transformation objectives - Project scope must align with approved eligible expense categories - Applicant must comply with all program terms and reporting requirements - Grant recipient likely required to provide project completion reports and results documentation - Funds must be used within agreed project timeline and deliverables - Confirm eligibility and specific conditions with program administrator before application submission