Contribution: Contributions in support of Investments in the Forest Industry Transformation Program
MARITIME INNOVATION LIMITED
$3,286,000.00
AUTOMATED PRODUCTION OF RESILIENT SEEDLINGS
FY 2024-25 · 2025-03-13
Summary
This project will install innovative technology in a forest products facility in Canada.
Department
Program
Contributions in support of Investments in the Forest Industry Transformation ProgramContributions in support of Investments in the Forest Industry Transformation Program (linked with high confidence)
Recipient
Location
SAINT JOHN | SAINT JOHN, New Brunswick, Canada
Recipient Type
For-profit organization
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Reference Number
115-2024-2025-Q4-16812
Amendment Number
0
Agreement Type
Contribution
Recipient Type
F
Recipient Legal Name
MARITIME INNOVATION LIMITED
Recipient Operating Name
Maritime Innovation Limited
Recipient Country
CA
Recipient Province or Territory
NB
Recipient City
SAINT JOHN | SAINT JOHN
Recipient Postal Code
E2L 4Z2
Program Name
Contributions in support of Investments in the Forest Industry Transformation Program
Program Name (French)
Contributions à l'appui du programme Investissements dans la transformation de l'industrie forestière
Program Purpose
The objective of Investments in Forest Industry Transformation is to support forest industry transformation that will make the forest industry more commercially and environmentally more sustainable by investing in innovative technologies that lead to a more diversified, higher-value product mix including bioenergy, biomaterials, biochemicals, and next generation building products.
Program Purpose (French)
Le programme des Investissements dans la transformation de l'industrie forestière a pour but d'appuyer ladite transformation qui rendra l'industrie forestière plus durable sur le plan commercial et environnemental en investissant dans des technologies novatrices qui mènent vers une gamme de produits plus diversifiés et de plus grande valeur, y compris la bioénergie et l'énergie renouvelable, ainsi que les biomatériaux, les produits biochimiques et les matériaux de construction de prochaine génération.
Agreement Title
AUTOMATED PRODUCTION OF RESILIENT SEEDLINGS
Agreement Title (French)
PRODUCTION AUTOMATISÉE DE PLANTULES RÉSILIENTES
Agreement Number
IFIT23_MIL
Agreement Value
$3,286,000.00
Foreign Currency Type
CAD
Foreign Currency Value
$0.00
Agreement Start Date
2025-03-13
Agreement End Date
2026-03-31
Description
This project will install innovative technology in a forest products facility in Canada.
Description (French)
Ce projet permettra d'installer une technologie novatrice dans une industrie de produits forestiers au Canada.
Expected Results
Diversify and advance Markets: The expected results will diversify markets with new, higher value products (new biomaterials, advanced building products and construction materials)
Expected Results (French)
Diversifier et faire progresser les marchés : Les résultats escomptés permettront de diversifier les marchés grâce à de nouveaux produits à plus forte valeur ajoutée (nouveaux biomatériaux, produits de construction avancés et matériaux de construction).
Additional Information
Grant or contribution awarded and spanning more than one fiscal year.
Additional Information (French)
Subvention ou contribution octroyée s'appliquant à plus d'un exercice financier.
Organization Code
nrcan-rncan
Organization
Natural Resources Canada | Ressources naturelles Canada
