- December 6, 2017
- Innovation Insights
- Comments : 0
NB Government Invests Additional $10M in NBIF
The provincial government is investing $10 million over five years in the New Brunswick Innovation Foundation. The investment will be used to expand the foundation’s role in supporting research and development and ventures investments.
The foundation will invest the funds through its Venture Capital Fund and Startup Investment Fund in support of business, and through its Research Innovation Fund in support of publicly funded universities and colleges in the province.