Contribution: Contributions in support of Investments in the Forest Industry Transformation Program
CENTRE FOR RESEARCH INNOVATION IN THE BIO-ECONOMY
$2,000,000.00
De-Risking Emerging Technology Solutions
FY 2024-25 · 2024-11-06
Summary
This project will assess opportunities or diversification and optimization in a forest products facility.
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)
Location
THUNDER BAY | THUNDER BAY, Ontario, Canada
Recipient Type
Other
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Reference Number
115-2024-2025-Q3-16093
Amendment Number
0
Agreement Type
Contribution
Recipient Type
O
Recipient Legal Name
CENTRE FOR RESEARCH INNOVATION IN THE BIO-ECONOMY
Recipient Country
CA
Recipient Province or Territory
ON
Recipient City
THUNDER BAY | THUNDER BAY
Recipient Postal Code
P7B6T8
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
De-Risking Emerging Technology Solutions
Agreement Title (French)
Atténuation du risque des solutions technologiques émergentes
Agreement Number
IFIT23_CRIBE
Agreement Value
$2,000,000.00
Foreign Currency Type
CAD
Foreign Currency Value
$0.00
Agreement Start Date
2024-11-06
Agreement End Date
2028-05-31
Description
This project will assess opportunities or diversification and optimization in a forest products facility.
Description (French)
Ce projet permettra l'analyse des opportunités de diversification et optimisation 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
