Amount:$80,000.00 Type of Program:Grants Description:The Innovation Voucher Fund (IVF) was designed to provide small and medium-sized businesses in New Brunswick with the scientific expertise and facilities they need to accelerate their growth through research and development (R&D). This includes new products or operational efficiencies.Comments on Funding:Funding is up to $80,000 to cover 80% of the…
Amount:$200,000.00 Type of Program:Investment Description:The Startup Investment Fund (SIF) provides New Brunswick entrepreneurs with the investment capital they need to develop their product into a commercially viable venture. This investment will take the form of equity through the purchase of common shares or issuance of convertible debentures. Initial investment from NBIF is expected to be…
Amount:$500,000 Type of Program:Investment Description:The Ventrure Capital Fund provides New Brunswick startups with the venture capital they need to rapidly grow and deliver their innovative products to customers. This investment will take the form of equity through the purchase of preferred shares, common shares or issuance of convertible debentures.Capital raised from the Venture Capital Fund…
