Healthcare

ChangeMaker Funding Program – Ignition Fund

Amount:

$10,000.00

Type of Program:

Grants

Description:

The Ignition Fund is designed to help early-stage changemakers kick-start their validated idea into business model development and for mvp prototype development.

Comments on Funding:

Funding for entrepreneurs and companies is up to $10,000.
Funding for fail forward applicants is up to $10,000.
Funding awards are taxable.

When It Ends:

Ongoing

Deadline:

Rolling Deadline

Eligibility:

Applicants must:

be entrepreneurs/companies who have previously received & successfully completed Catalyst Funding or PDC programming and who are invited to apply,
reside in New Brunswick or Prince Edward Island (subject to discretion of PDC Executive Board). In the case of corporations, the majority of shareholders must reside in the eligible province and the registered office must be in the eligible province. In the case of partnerships, the majority of partners and ownership must reside in the eligible provinces.
focus on the following key priority areas: Health & Wellness, Immigration & Retention, Poverty Reduction,
have completed early-stage market validation,
have developed preliminary business model canvas.

For entrepreneurs who qualify for other PDC programs, all or part of the Ignition Funding might be connected to acceptance and successful participation in these programs.

Application Steps:

Applicants:

must submit the online application form,

who have been short-listed will be notified by email and will be contacted for an appointment to discuss next steps and preparation for a pitch presentation with the Funding Committee which will make the final decision on the funding application,

will be asked to submit proof of residency for the company/entrepreneur, if successful.

Once due diligence is completed, a Letter of Award and Terms & Conditions Contract will be issued.

Documentation Needed:

Applicants must submit:

the online application form,
proof of residency for the company/entrepreneur, if the application is successful.

Other Things to Note:

The ChangeMaker Funding Program is NOT about the funding. While the funding helps early-stage entrepreneurs and innovators test ideas and build sustainable business models, this program is designed to help build success through providing on-going support and opportunities.

The fail forward applicants are entrepreneurs and innovators who have experienced the failure of an idea or venture and they are ready to do an overhaul or pivot, or have an entirely new idea and are passionate about building a sustainable business. They are courageous entrepreneurs, whose ideas, dreams or ventures have failed (usually at least 4-6 months previously), who have learned from the experience, and who are committed to starting over.

Program Contact:

Ignition Funding

FAQs - Funding Awards

ChangeMaker Funding Program – NouLAB Prototype Fund

Amount:

$5,000.00

Type of Program:

Grants

Description:

The NouLAB Prototype Fund provides funding of up to $5,000 to NouLAB teams to prototype ideas to address complex issues.

Comments on Funding:

Funding is up to $5,000.
Applicants are eligible for only one funding application per team for prototyping.
Funding awards are taxable.

When It Ends:

Ongoing

Deadline:

Rolling Deadline

Eligibility:

Applicants must:

be NouLAB teams who have completed the Academy, or are in a Standing Lab. To provide a diversity in perspectives, teams must be multi-disciplinary and have representation across sectors from non-profit, business, government and private sector individuals.
reside in New Brunswick (subject to discretion of PDC Executive Board). In the case of NouLAB teams, there may be some members who are resident outside the province. In the case of applicants which are corporations, the majority of shareholders must reside in the eligible province and the registered office must be in the eligible province. In the case of partnerships, the majority of partners and ownership must reside in the eligible provinces.
focus on the following key priority areas: Health & Wellness, Immigration & Retention, Poverty Reduction,
use the funding for the purpose of prototyping - exploring ideas & testing solutions to complex challenges.

Application Steps:

Applicants must submit the online application form.

Funding will be subject to a Terms & Conditions contract which specifies the amount of the award, the installments, the term of the funding, the holdback and the requirements for funding recipients including provision of regular progress reports and receipts.

Funding for prototyping will be distributed through and managed by ONE team lead who will be the primary contact for communications.

Documentation Needed:

Applicants must submit:

the online application form,
proof of residency for the company/entrepreneur and incorporation and legal documents pertaining to the business structures of applicants, if PDC requests them.

Funding recipients are required to provide interim and final progress reports.

Other Things to Note:

Program Contact:

NouLAB Prototype Fund | ChangeMaker

FAQ fo Funding Awards

NouLAB Economic Immigration Lab

Commercial Buildings Retrofit Program

Amount:

$1,000,000.00

Type of Program:

Grants

Description:

The Commercial Buildings Retrofit Program provides financial incentives to New Brunswick owners and operators of commercial buildings to reduce energy consumption, increase competitiveness, and create healthier, safer, and more comfortable workspaces for both their teams and customers. Funding can be used for an energy audit of the building and for an efficiency retrofitting project.

Comments on Funding:

Funding is up to $8,000 towards an energy audit of your building, and up to $1,100,000 towards an efficiency retrofitting project.

When It Ends:

Ongoing

Deadline:

December 31, 2023

Eligibility:

The following types of buildings are eligible:

commercial or institutional buildings such as, but not limited to: agricultural buildings, arenas, grocery stores, health care facilities, hotels, institutional buildings (colleges, hospitals, schools, universities, nursing homes), provincial buildings, office buildings, places of worship, recreational facilities, restaurants, retail buildings, stand-alone warehouses, water and wastewater treatment plants and pumping stations.
municipally owned buildings,
multi-unit residential buildings that have 3 or more units,
mixed-use commercial/residential buildings, including houses that have been modified for commercial use,
Multi-building/national accounts.

Application Steps:

The applicant (the owner or operator of a commercial building) must:

contact an approved Energy Management Service Provider (EMSP) or Specialized Service Provider (SSP) to schedule an energy audit. The EMSP will perform the audit, discuss potential projects, prepare an audit report and submit an application on the applicant's behalf to NB Power. The Commercial Buildings Retrofit Program documents will be sent by email to the Participant once NB Power receives the program application.

return to NB Power the signed Program Agreement. The EMSP will submit proof of payment for the energy audit and the applicant will be issued the audit incentive payment within 60 days.

submit his Statement of Work to NB Power, once he receives the audit report.

wait for the approval letter to get started and proceed with implementing the recommendations.

request the incentive payment.

Documentation Needed:

The applicant must submit:

the signed Program Agreement,
the Audit Report which provides detailed information on potential energy efficiency projects along with their estimated costs, energy savings, and an estimate of the time it will take for the investment to be paid back as a result of energy savings,
the Statement of Work which documents the efficiency projects the applicant intends to implement,
the Request for Payment form along with copies of invoices, receipts, etc.

Other Things to Note:

The Commercial Building Retrofit Program has funding available for both electric and non-electric saving opportunities. Non-electric funding will expire on December 21, 2023

Version 6.1, August 2022 - Source 1

Program Contact:

Commercial Buildings Retrofit Program

commercial-buildings-retrofit-program-guide.pdf

Genomic Applications Partnership Program (GAPP)

Amount:

$2,000,000

Type of Program:

Grants

Description:

The Genomic Applications Partnership Program (GAPP) funds downstream research and development (R&D) projects that address real world opportunities and challenges identified by industry, government, not-for-profits and other “Receptors” of genomics knowledge and technologies. GAPP projects are collaborations between academic researchers and Receptor organizations, and are co-funded by Genome Canada, Receptors and other stakeholders.

Comments on Funding:

Funding is up to 1/3 of the project budget from Genome Canada, from a minimum contribution of $100,000 to a maximum of $2 million.
The remaining project funding must be secured from other eligible sources, with at least 1/3 provided by the Receptor(s).

When It Ends:

Ongoing

Deadline:

Next deadlines to be determined

Eligibility:

Eligible projects must:

be co-led by an eligible Academic and Receptor organization in partnership, with active and necessary roles for both,
develop and apply a genomics-derived tool, product or process to an opportunity or need defined by the Receptor(s);
focus on late stage R&D that will position the innovation for near term implementation / commercialization;
have the potential to generate significant social and/or economic benefits for Canada.

The applicant is an academic researcher and he must be:

a faculty member of a Canadian university or affiliated, non-commercial entity, such as hospitals and research institutes,
researchers in not-for-profit corporations or registered charities may qualify as Academics for the purposes of GAPP if their organization has an explicit research mandate.

The Receptors must:

be organizations that intend to put the resulting innovation into practice (in internal operations, by commercialization, or otherwise making it available to its ultimate users),
be companies (private / public, Canadian / foreign-owned, including small or start up companies),
be industry consortia,
be government departments and agencies (federal, provincial and municipal),
be healthcare organizations,
be not-for-profit organizations,
have clear decision-making processes independent of the Academic Leader.

Application Steps:

Applicants must submit their GAPP applications and the supporting documents via a regional Genome Centre.
They must contact their regional Genome Centre for more information.

Documentation Needed:

Applicants must:

submit an Expression of Interest (EOI) which includes a summary of the proposed project and its value proposition,
“pitch” their project via teleconference to a panel of external industry and technical experts convened by Genome Canada, if invited to,
submit the Supplementary Proposal which provides a more thorough description of several sections of the EOI, including a detailed explanation of the technical aspects, project plan and budget, if invited.

Other Things to Note:

Genome Canada is again welcoming Expressions of Interest for the GAPP. Please contact your Regional Genome Centre for more information on the application process and timelines (June 2021).

September 2019 - Investment Strategy

Program Contact:

Genomic Applications Partnership Program

gc-gappinvestmentstrategyandguidelines.pdf

Small Business Loan Guarantee Program

Amount:

$50,000

Type of Program:

Loan Guarantee

Description:

The Small Business Loan Guarantee Program delivers better financial assistance for the start-up and expansion of small businesses in Nova Scotia by providing them loan guarantees.

Credit unions are the only financial provider to offer access to the financing program and they can provide financing up to $500,000 in the form of term loans, working capital and lines of credit . No other financing programs provide access to working capital or lines of credit to individuals who would like to start or purchase a small business and/or grow and expand an existing business.

Comments on Funding:

Funding will take the form of a guaranteed loan or line of credit, subordinated debt, equity, revenue sharing or royalty agreement. A maximum investment of $50,000 will be granted to successful applicants, until the funds are all invested.

When It Ends:

Ongoing

Deadline:

Rolling Deadline

Eligibility:

Applicants must:

be start-ups and/or growth and expansions;
be not-for-profit, co-operatives or private businesses that have a positive impact on a social or environmental issue that meets a community need or maximize a community opportunity;
be registered and based in Nova Scotia;
be in good standing with the Canada Revenue Agency.

Application Steps:

Applicants must contact their local credit union branch for details.

Documentation Needed:

Applicants must submit a formal application.

Program Contact:

Small Business Loan Guarantee Program