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Equipment Fund

by Maurice | February 15, 2022

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. 

Application Steps:

1

Applicants should apply through the NBIF Research Portal

Documentation Needed: 

​Applicants must submit the application form.

Program Contact:

​NBIF Equipment Fund - NBIF

​Equipment Fund - New Brunswick Innovation Foundation​​​

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How to Register a Business in New Brunswick: Step-by-Step Guide for New Entrepreneurs

About Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Atlantic Canada to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.

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