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Lab-to-Market Fund

ByMaurice

Amount:

No Fixed Amount

Type of Program:

Investment

Description:

The Lab-to-Market Fund aims to accelerate the development of technologies that have commercial applications. This fund supports activities that help develop new or improved technologies and/or transfer knowledge that address specific, well-defined market problems.

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:

1

Applicants should apply through the NBIF Research Application Portal.

Documentation Needed: 

The applicant must submit:

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

Other Things to Note:

Changed source 1

Program Contact:

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

Lab-to-Market - New Brunswick Innovation Foundation

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

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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