Atlantic Canada Business Grants

Foundation

Lab-to-Market Fund

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:

1

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