Lab-to-Market Fund

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.