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L.A.B. Funding

by Maurice | February 5, 2023

Amount:

No Fixed Amount

Type of Program:

Grants


Description:

The L.A.B. Funding program covers up to 75% of a project cost of maximum $25,000 to assist vendors wishing to conduct research and development projects in the field of smart grid innovation in New Brunswick. 

Comments on Funding:

Funding is up to 75% of a project cost of maximum $25,000.


When It Ends:

Ongoing

Deadline:

Rolling Deadline

Eligibility:

The applicant must:

  • be a vendor located in New Brunswick, 
  • be wishing to conduct research and development projects in the field of smart grid innovation.

Application Steps:

Applicants must:

1

apply to Smart Grid Innovation Network (SGIN) by filling out the online vendor application form

2

prepare their project and define its scope in the designated SGIN lab (UNB, Siemens or NB Power),

3

receive funding approval to start their project.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

The launch announcement from June, 2017 stated that the L.A.B. FUNDING PROGRAM would be a two-year pilot project (see source 2022). However, I did not manage to find any clear information indicating its closing, so I am not sure about its status.

Changed source 1.

Program Contact:

How to Engage: Smart Grid Innovation Network

Start - Funding & Tax Credits

The L.A.B. funding program is launched! | Smart grid Innovation

Related posts:

New Brunswick Small Business: Complete Guide for Entrepreneurs
How to Get a Small Business Loan in New Brunswick: Quick Guide for NB Entrepreneurs
Business License New Brunswick: Step-by-Step Guide, Costs & More
Franchise Opportunities in New Brunswick: How to Find Franchises for Sale + Mistakes to Avoid

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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