Investments in Forest Industry Transformation
Last updated on December 12, 2024Description
The Investments in Forest Industry Transformation (IFIT) program facilitates the adoption of transformative technologies, products, and processes by bridging the gap between development and commercialization. The IFIT program aims to create a more competitive and resilient forest sector with a focus on low-carbon projects that result in new or diversified revenue streams.
Special Requirements
Who is eligible for funding?
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.
Contact information
Investments in Forest Industry Transformation Team