Type of Program:
The Early Stage Commercialization Fund (ESCF) helps move New Brunswick university, college and institutional research to market. The ESCF assists the academic & institutional research communities in pursuing commercialization opportunities by providing up to $50,000 in funding and go-to-market support.
Projects can be applied for in one of two phases:
Phase 1: for technologies that have achieved proof of concept and are now in initial stages of development.
Phase 2: for projects that have clarified the opportunity for commercialization as well as target markets and potential revenue streams.
Comments on Funding:
Funding is up to $50,000 for projects in either Phase 1 or Phase 2. A given project can receive at most one Phase 1 award and one Phase 2 award, up to a maximum of $50,000 in each phase.
When It Ends:
February 14, 2022
Applicants must be:
Eligible expenses include:
Applicants must submit:
- 1the application form,
- 2a technical report, including a financial report of expenses, at the end of the 1-year funding period.
Other Things to Note:
Innovacorp and New Brunswick Innovation Foundation (NBIF) are proud to be working together to deliver the Early Stage Commercialization Fund (ESCF) in both Nova Scotia and New Brunswick