Forest Technology Commercial Acceleration Program (CAP)
Commercial Acceleration Program
The purpose of the Forest Technology CAP is to financially support projects which demonstrate first in-kind innovative technology, equipment or data techniques that can address the specified challenges and opportunities identified in Nextfor’s Forest Innovation Forums and ongoing case studies; with an objective of investing in forest innovation in Ontario.
The funding is a private/public joint innovation fund, requiring matching contribution from the project proponent. The funding is split into two streams, totaling $500,000 contribution over two years by the Centre for Research and Innovation in the Bio-economy (CRIBE).
- Small Commercial Acceleration Project (CAP) stream will be up to $50,000 CRIBE contribution (minimum $100,000 project value).
- Medium Commercial Acceleration Project (CAP) will be projects which require greater than $50,000 up to $100,000 CRIBE Contribution, projects of greater value may be considered at the discretion of CRIBE.
A third round of Small CAP and Medium CAP proposals are invited in an open call; or until program funding has been fully committed for this round. Proposals should include all information requested in the “RFP Preparation and Submission” document provided below. Proposals must be submitted to firstname.lastname@example.org.
Any party who meets the eligibility requirements can apply, however any application for Nextfor funding requires all perspective project proponents register with Nextfor in order to receive funding application information. Registration is free and can be done through the Nextfor website at www.nextfor.ca/register.
After reading the RFP, interested parties are asked to fill out the application form to explain their proposed solution.