Atlantic Canada Business Grants

Private Organization

Build Ventures Fund II

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Amount:

No Fixed Amount

Type of Program:

Investment

Description:

The Build Ventures Fund II invests in early-stage technology startups in Atlantic Canada.

Comments on Funding:

No other details available. 

When It Ends:

Ongoing

Deadline:

Rolling Deadline

Eligibility:

The applicant must:

  • be early-stage technology startups in Atlantic Canada,
  • be led by experienced and ambitious professionals,
  • have an innovative approach to addressing a real problem in a large market that people will pay money to solve,
  • have some strong early traction in their market but need capital to grow their company.

Application Steps:

1

Applicants must email Rob Barbara, General Partner–rob@buildventures.ca for further details.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

The Build Ventures Limited Partners include a number of private sector investors as well as the governments of New Brunswick, Nova Scotia and Prince Edward Island, BDC Capital, and the Government of Canada’s Venture Capital Catalyst Initiative (VCCI).

Program Contact:

Build Ventures Fund II Is Here

Build Ventures - How We Help Startups Succeed

Island Capital Partners’ Fund

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Amount:

$500,000.00

Type of Program:

Investment

Description:

The Island Capital Partners' Fund invests in high growth potential Prince Edward Island companies.

Comments on Funding:

Investment size usually ranges from $100,000 to $500,000.

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must:

  • Applicants must be early-stage Prince Edward Island companies with high growth potential.

Application Steps:

1

Applicants must contact Island Capital Partners for further details.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

No other details available.

Program Contact:

Home - Island Capital Partners

Regis Duffy BioScience Fund (Duffy BioScience)

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Amount:

$100,000

Type of Program:

Investment

Description:

The Regis Duffy BioScience Fund (Duffy BioScience) invests up to $100,000 in emerging bioscience related businesses that are at the commercialization or near commercialization stage of their development with activities in Prince Edward Island.
Their aim is to increase each project's chances of successfully getting to market and to help small Prince Edward Island bioscience start-up companies carry out their innovation efforts within Prince Edward Island.

Comments on Funding:

Investment size is up to $100,000. 

When It Ends:

Ongoing

Deadline:

Rolling Deadline

Eligibility:

The applicant must:

  • be emerging bioscience related businesses,
  • be at the commercialization or near commercialization stage of their development,
  • have activities in Prince Edward Island.

Application Steps:

1

submit a Statement of Interest (SOI) as an initial application used for preliminary screening and subject to a review process,

2

submit a Confidentiality and Disclosure Agreement (CDA) they will receive if considered eligible for funding,

3

meet with members of Duffy BioScience's Advisory Board to do a brief presentation,

4

submit a business plan if the Management Team determines that the project appears to be a proper fit for funding,

5

meet with the Management Team to discuss the business plan. If it determines that an investment is warranted, they will issue a Term Sheet to the applicant. If the terms are acceptable, the Fund will conduct a more detailed review of the business and issue a definitive agreement to be signed, if they are satisfied with what they find.

Documentation Needed: 

The applicant must submit:

  • a Statement of Interest (SOI) including the following information: full name and address of company (include both mailing and civic address if different), applicants title/position, contact information (phone and fax numbers, email address), details on ownership of the company, a brief statement about their company including the nature of the business and its current status, a statement outlining what they are proposing to do and what support they are requesting, and confirmation that the proposed activity is BioScience related and will occur on Prince Edward Island,
  • a business plan including the following elements: executive summary, business description, market analysis, competitor assessment, marketing plan, operating plan, financial plan.

Other Things to Note:

No other details available.

Program Contact:

Duffy BioScience website

Application Process - Duffy BioScience