Grants and Contributions:
Diversify and advance Markets: The expected results will diversify markets with new, higher value products (new biomaterials, advanced building products and construction materials)
Amendment: Value / Award previously disclosed for the 4th Quarter of 2021-2022. Grant or contribution awarded and spanning more than one fiscal year. The agreement in the amount of $4,124,236.00 was terminated or cancelled on March 31, 2023.
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.