Month: February 2015

February 20, 2015
Venture Capital
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Eigen Innovations Receives Funding Boost

NBIF-backed Eigen Innovations today received additional funding from ACOA to hire a senior technical architect, develop new software, and to standardize their IT hardward platform. The company received a total of $324,500 under ACOA’s Business Development Program, which adds to $176,500 commit...

February 17, 2015
Breakthru
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Breakthru Joins East Coast Startup Week

The blossoming East Coast startup scene will get a major boost with the second iteration of East Coast Startup Week (#ECSW), a series of events being held from March 16 to 22 in Fredericton, with NBIF's Breakthru LIVE 2015 as the marquee evening event. At Breakthru LIVE, over $750,000 in investm...

February 13, 2015
Applied Research
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Researcher Ying Zheng Funded To Work With NBIF Company

FREDERICTON, NB (February 12, 2015) – UNB professor and NBIF researcher Dr. Ying Zheng recently received $306,200 over three years from the Natural Sciences and Engineering Research Council of Canada (NSERC) to further develop her technology for better, cleaner and more cost efficient renewabl...

February 12, 2015
Innovation Insights
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NB Drones Get Up Close To Fight Pests

MONCTON, NB (February 11, 2015) UNB professor Howard Li and his research team, including graduate students funded by the New Brunswick Innovation Foundation (NBIF) yesterday tested the latest version of their UAV equipment used to measure, monitor and manage Canada's forests. Performed at the Mo...

NBIF Ranked Third Most Active VC Fund Of Its Kind In Canada

FREDERICTON, NB, February 5, 2015 – After a record year of investing in startups, the New Brunswick Innovation Foundation (NBIF) was ranked the third most active venture capital fund in its category by the Canadian Venture Capital & Private Equity Association (CVCA) in their 2014 report on in...