Forest Sector Investment and Innovation Program — Business Projects ### 📋 Eligible Entities - Wood manufacturers and processors - Biomass forestry transformers - Private sector businesses operating in forest product manufacturing and processing - Enterprises with operational capacity to implement innovation and productivity improvement projects ### 💰 Funding Details - Funding Type: Performance-based loan - Maximum Coverage: Up to 30% of eligible project costs - Repayability: Loan-based (repayment required) - Matching Requirement: Applicant must fund minimum 70% of eligible project costs through own resources or other financing ### 🛠️ Approved Expenses - Productivity improvement investments - Innovation implementation projects - Capital equipment and technology upgrades for wood or biomass processing - Process improvements that enhance operational efficiency - Technology adoption in manufacturing and transformation processes ### ⚠️ Conditions & Milestones - Projects must demonstrably improve productivity and innovation in forest sector operations - Applicants must secure 70% of project funding from alternative sources - Loan is performance-based, with repayment terms tied to project outcomes - Eligible costs must be clearly documented and pre-approved - Project must align with sustainable forestry and biomass processing objectives - Regular reporting and performance monitoring required throughout loan term