NBIF News

December 7, 2022
NBIF News
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Driving innovation in NB with another stellar year of tangible results

For a complete look at our investments and the applied research projects we funded, you can view our 2021-2022 Impact Report here. 2021-2022 Impact Report Overview The catch phrase throughout 2021-2022 was “new normal.” Yet for our provincial innovation ecosystem, the year was hardly a return to...

November 23, 2022
Venture Capital , NBIF News
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NBIF Unveils Aggressive New Investment Strategy

–Proceeds of NBIF’s Successful Investments Will Add Another $20 million to Supporting Entrepreneurs and Driving Economic Growth in New Brunswick— FREDERICTON—The New Brunswick Innovation Foundation (NBIF) today announces a new and expanded ten-year investment strategy which will inje...

climate impact fund announcement graphic

September 27, 2022
Applied Research , NBIF News
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NBIF investing in innovative research and technology to address the climate change crisis

FREDERICTON – on the heels of the Government of New Brunswick’s announcement of their renewed climate change action plan, which will help the province adapt to climate change while steering New Brunswick toward a greener future the New Brunswick Innovation Foundation (NBIF) is pleased to announc...

March 24, 2022
NBIF News
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CVCA Report Shows NB Making Record-Breaking Strides in Investment

One of the most rewarding roles NBIF plays on the national stage is reporting provincial investment data to the Canadian Venture Capital and Private Equity Association (CVCA). We regularly hear success stories from individual founders, but the compiled numbers tell a broader, more impressive narrati...

February 24, 2022
Venture Capital , NBIF News , Uncategorized
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Potential Motors Raises $4M USD with a Business Model as Adaptive as its Technology

AI-powered driving experience for electric vehicles attracts posse of high-profile investors Off-roading allows you the thrill of exploring remote, uncharted places while testing the limits of both your vehicle and your driving skills. Potential Motors is taking that experience to the next level, wi...