We’re an independent non-profit corporation that specializes in venture capital and research investments.
Dedicated to building innovation in our province, we deliver the resources and expertise required to achieve new opportunities, growth, and advancements in New Brunswick.
With over $100 million invested, plus $457 million more leveraged from other sources, the NBIF has helped to create over 113 companies, fund 494 applied research projects, and recruit 75 professors to the province since its inception in 2003. All of the NBIF’s investment returns go back into the Foundation to be re-invested in other startups and research initiatives.
It’s our mission to help bring innovative research and promising new business opportunities to life. Innovation stimulates the economy, promotes productivity, and has the power to directly impact and improve the every day lives of New Brunswickers.
As Executive Assistant, Ms. Johnson reports directly to and supports the President and CEO and acts as the Corporate Secretary of our Board of Directors. She is responsible for the coordination of all board-related activities, corporate documentation and correspondence. Joanne also plays a critical role in the logistical aspects of our events, especially Breakthru and R3 Gala. Before joining the Foundation in 2003, Joanne was a project manager for BioAtlantech, where she also acted as Corporate Secretary of that organization’s Board of Directors. Joanne developed her talents in corporate administration over thirteen years in progressive roles at McCain Foods in Florenceville, New Brunswick.
Born and raised in Montreal, Joanne is proud to now call New Brunswick her home.
Contact Joanne by e-mail.
As our Director of Investments, Raymond is responsible for the day-to-day management of NBIF’s venture capital investment portfolio, oversees the development of new investment clients, and participates in final negotiations. He recently completed the Venture Capital Executive Program at the University of California - Berkeley, Haas School of Business.
Prior to joining the team at NBIF, Raymond worked as an accountant and then financial analyst at Irving Oil Limited in Saint John.
Raymond is a graduate of the University of New Brunswick (BBA), and a Certified Management Accountant. When not at work, Raymond plays hockey in a local league throughout the winter and with a co-ed softball league in summer.
Raymond is spreading his knowledge of Venture Capital to MBA students at the University of New Brunswick as an instructor of Venture Assessment, and Entrepreneurial Finance.
As our Investment Analyst, Thomas is working with our Investment Team to administer our Venture Capital, Startup Investment, and Innovation Voucher funding programs.
Thomas holds an undergraduate degree from the University of New Brunswick (UNB) in Civil Engineering and a graduate degree from UNB in Technology Management & Entrepreneurship (TME). In his spare time, Thomas enjoys mountain biking, writing, and reading world history.
As our Program Support Officer, Hilary is responsible for supporting our various funding programs, investment activities, and business development for both the Research and Investment teams.
Hilary’s focus includes reviewing proposals and investment recommendations, as well as assisting with events and investment closings. Hilary plays the critical role of connecting both the Research and Investment teams. With a client-first approach, she ensures an exceptional level of service is delivered to all existing and potential clients.
Born and raised in Woodstock, N.B., Hilary is an honours graduate of NBCC’s Bilingual Office Administration program, where she received the President’s Award for academic and extracurricular achievement. Before joining NBIF, Hilary worked in the insurance industry, where she completed the Life License Qualification Program.
Hilary volunteers as a member of the NBCC Alumni Steering Committee and on the selection committee of the NBCC Alumni Awards.
As our Investment Analyst, Daniel is working with our Investment Team to administer our Venture Capital, Startup Investment, and Innovation Voucher funding programs.
Daniel is a Chartered Professional Accountant and Certified Management Accountant with working experience in both large organizations and startups. He graduated with honours from Memorial University with a Bachelor of Commerce degree in finance.
Prior to joining the NBIF, Daniel worked as an Industry Liaison Officer at Memorial University where he helped commercialize and transform technology inventions from university research into new spin-out companies.
Originally from Newfoundland and Labrador, Daniel likes to spend his spare time on hiking trails and in the arena playing hockey, or at home learning computer programming on the latest mobile app frameworks.