Lab-to-Market Fund - Atlantic Canada Business Grants

Amount:

No Fixed Amount

Type of Program:

Investment

Description:

The primary objective of the Lab-to-Market fund is to accelerate the development of new or improved technologies and/or transfer knowledge that address specific, well-defined market problems. Lab-to-Market fund emphasizes the importance of validation at all stages of technology development and encourages the application of the scientific method to finding product-market fit.

Comments on Funding:

Funding is up to 33% of projects with NB SMEs or not-for-profit organizations, and up to 25% of projects that do not have NB SMEs or not-for-profit organizations as partners.

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

Applicants must be researchers that should have:

a commercialization partner, SMEs or not-for-profit organizations,
student participation,
a clear understanding of the market problem being solved and the competitive advantages of their new technology,
a self-assessment of technology readiness level (minimum TRL 3),
a plan for the intellectual property.

Application Steps:

Applicants must submit their applications and supporting documents via the NBIF Research Portal.

Documentation Needed:

The applicant must submit:

the application form,
project plans that include clear deliverables and timelines.

Program Contact:

Lab-to-Market Fund Application Portal - New Brunswick Innovation Foundation

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