Investment funding for ideas that have potential to become innovations at TRL 1-3. Our Emerging Projects Fund supports projects that transform ideas into innovations – essentially research in its earliest stage. The intent of the Emerging Projects Fund is to provide funding to pursue new ideas with potential to grow into bigger, collaborative projects or technology/knowledge transfer opportunities that will have positive economic or social impact for the province of New Brunswick. The maximum investment for emerging projects is $25,000 per application and limited to a maximum of 50 per cent of the total cost of the project.
Projects with a maximum budget of $50,000 can be requested, of which the NBIF investment is limited to 50% of the costs (e.g. maximum NBIF contribution is $25,000). Matching funds can include cash, in-kind contributions and contributions from other capital sources.