The Cleantech Momentum Program supports innovative projects at New Brunswick startups and small and medium-sized enterprises (SMEs). Designed to meet companies at different stages of development, these grants help accelerate the commercialization of technologies with emissions-reduction potential—advancing innovations that can be implemented within local operations and scaled for export to broader markets.
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The funds are non-dilutive, non-payable grants ranging from $50,000 to $250,000. Matching fund requirements may apply depending on the level of support offered.
The program is open to New Brunswick-based small and medium-sized businesses with less than 500 employees. Businesses should be either incorporated in New Brunswick, or nationally incorporated but with significant operations in New Brunswick. Companies should have demonstrated revenue in the previous fiscal year.
Proposed projects must:
• Demonstrate innovation, either through new technology or novel applications of existing technology.
• Focus on advancing technological or commercial development.
• Show clear potential for emissions reduction—direct or indirect—when adopted.
• Be supported by a strong business case that justifies adoption.
Eligible expenses may include:
• Wages for allocating employees to the project
• Contract work including temporary employees or consultants
• Third-party testing
• Materials and supplies
• Equipment and infrastructure – up to 50%.
• Select intellectual property costs
Other expenses may be eligible at NBIF’s discretion.
A detailed report on project outcomes, including milestones set out in the proposal, use of funds, and commercialization progress is required at the conclusion of the project.
Applicants must be submitted online at NBIF Portal by Friday, February 27th, 2026.
Applicants will be assessed for eligibility through submission of an initial project summary prior to being directed to complete a full application including a project plan and budget.
The program is competitive, and applications will be evaluated by representatives of both OpportunitiesNB and NBIF.