Equipment Fund

Amount:

$150,000.00

Type of Program:

Grant

Description:

The Equipment Fund aims to increase the province’s applied research capacity by supporting the purchase of equipment. Up to 33% of the equipment cost may be requested, understanding that requests to NBIF may be no larger than $150,000. This fund may be used to leverage federal programs for research equipment (e.g. NSERC RTI) or it may leverage other source of funds.

Comments on Funding:

Funding is up to 33% of the equipment cost up to a maximum of $150,000. The matching portion of the funding may be cash or in-kind contributions (including institutional contributions) but cannot be from another provincial government source.

When It Ends:

Ongoing

Deadline:

February 23, 2022

Eligibility:

The applicant must:

be a researcher,
use the funding for the purchase of equipment (both hardware and software) directly linked to the research program,
show that the equipment will broadly benefit New Brunswick, that it will help produce new IP which the researcher intends to commercialize, that the knowledge generated will be shared outside academia, and that the researcher and their team are able to do the work proposed,
start the project within 18 months of the decision date, if accepted.