New Brunswick Innovation Foundation
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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 non-profitable corporation, the Foundation manages $120 million, and leverages $310 million more from other sources. The foundation is based in Fredericton, New Brunswick.
 | |
| Abbreviation | NBIF |
|---|---|
| Formation | 2002 |
| Legal status | Foundation |
| Headquarters | Fredericton, New Brunswick |
| Services | venture capital and applied research investments |
CEO | Jeff White |
| Website | nbif |
Investment areas
editThe New Brunswick Innovation Foundation (NBIF) invests in research and development projects and early-stage companies in these key areas:
- Knowledge Industries: This includes information and communication technologies, geomatics, and various engineering fields.
- Life Sciences: Focuses on biotechnology, marine science, and wood science.
- Advanced Manufacturing: NBIF invests in companies involved in plastics and rubbers, metalworking, and electronics.
- Value-Added Natural Resources: This sector encompasses agriculture, forestry, minerals, aquaculture, and fisheries.
- Energy and Environmental Technologies: Investments are made in energy generation, storage, infrastructure, water and wastewater management, air and climate solutions, and recycling and waste management.
References
edit- ^ "Chapter 4 Department of Business New Brunswick New Brunswick Innovation Foundation" (PDF). Retrieved July 13, 2014.
- ^ "New Brunswick Innovation Foundation (NBIF)". Huamn Development Council Community Services Database New Brunswick. Retrieved July 13, 2014.
- ^ 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.
External links
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