NBIF News

NB ranks 6th most active province in venture capital investments from CVCA report

September 15, 2021
Venture Capital , NBIF News
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New Brunswick Ranks 6th Most Active Province in Venture Capital Investments

Every half-year, the Canadian Venture Capital Association (CVCA) reports on the status of venture capital investment in Canada, and the 2021-H1 edition is impressive. Amongst the Atlantic Canadian provinces, New Brunswick holds a meaningful standing. This serves as evidence that our province is cham...

September 7, 2021
Venture Capital , NBIF News
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NBIF Announces Follow On Investment Into Gray Wolf Analytics

We recently closed a follow-on investment from our Venture Capital Fund into Fredericton-based, Gray Wolf Analytics. We invested $200 thousand alongside angel investors for a total round size of $500 thousand. OUR WHY? We funded research led by Dr. Dhirendra Shukla, president and chair of Gray...

NBIF and NBSPRN Launch Adult Literacy Funding Program

Official media release. FREDERICTON – Building on the success of their pilot of the Social Innovation Research Fund, NBIF and NBSPRN announce today the launch of a new targeted research opportunity, focused on Barriers to Adult Literacy in N.B. This unique program will directly support resear...

December 7, 2020
NBIF News
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NBIF launches $500,000 fund to help New Brunswick researchers commercialize early stage innovations

FOR IMMEDIATE RELEASEDecember 7, 2020 The New Brunswick Innovation Foundation (NBIF) is pleased to announce the launch of the Early Stage Commercialization Fund (ESCF), thanks to support from the Atlantic Canada Opportunities Agency (ACOA). The fund will address gaps in the commercialization process...

MESH/diversity: Creating Inclusive and Safe Workplaces

MESH/diversity is a Saint John-based start-up that recently closed a $750,000 funding round to accelerate its growth, led by NBIF and our friends at Concrete Ventures. MESH/diversity uses behavioral metrics to help organizations create more diverse and inclusive workplaces. We recently caught up wit...