New Brunswick Innovation Foundation

New Brunswick Innovation Foundation
Abbreviation NBIF
Formation 2002
Legal status Foundation
Headquarters Fredericton, New Brunswick
Services venture capital and applied research investments
CEO
Calvin Milbury
Website nbif.ca

The New Brunswick Innovation Foundation (NBIF) is an agency that seeks to promote entrepreneurship in the Canadian province of New Brunswick by making venture capital investments in startup companies and funding applied research to developing new intellectual property.[1][2][3] An independent not-for-profit corporation, the Foundation has $120 million under management, leveraging $310 million more from other sources. The foundation is based in Fredericton, New Brunswick.

Investment areas

The NBIF supports makes investments in research and development projects and early stage companies within the following strategic industries*:

Knowledge industry

Life sciences

Advanced manufacturing

Value-added natural resources

Energy and environmental technologies

References

  1. "Chapter 4 Department of Business New Brunswick New Brunswick Innovation Foundation" (PDF). Retrieved July 13, 2014.
  2. "New Brunswick Innovation Foundation (NBIF)". Huamn Development Council Community Services Database New Brunswick. Retrieved July 13, 2014.
  3. Denita Cepiku; David K. Jesuit; Ian Roberge, eds. (2013). Making multilevel public management work : stories of success and failure from Europe and North America. Boca Raton: CRC Press. ISBN 9781466513808. LCCN 2013004191.


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