NEW BRUNSWICK INNOVATION FOUNDATION

new-brunswick-innovation-foundation-logo

Starting a new research project or company often requires more capital than any one source can give. Since many financial institutions consider startups and R&D รขโ‚ฌล“too risky,รขโ‚ฌย some of the most commercially viable projects simply fall through the cracks and die. But not in New Brunswick. At NBIF our venture capital and research funding fills the gap so many innovators fall through, so they can break through. What sets us apart from traditional capital providers is the way we do busin... ess. Instead of lending, we make investments in your companyรขโ‚ฌ:tm:s equity. Instead of making research grants, the funding we provide attaches certain rights to the intellectual property you develop so we can help commercialize it. And the money we make? It goes right back into the Foundation so we can get even more research projects and companies goingรขโ‚ฌโ€over and over again. Letting us invest in you lets you invest in New Brunswick, too. Itรขโ‚ฌ:tm:s what makes us unique. Whether it starts in a university laboratory, or on the desktop of a budding entrepreneur, our aim is to build New Brunswickรขโ‚ฌ:tm:s capacity to innovate and create commercial opportunities for our five strategic industries. With $40 million under management, the investments we've made have allowed our researchers and companies to leverage over $160 million more in additional capital.

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NEW BRUNSWICK INNOVATION FOUNDATION

Industry:
Enterprise Software Non Profit Venture Capital

Founded:
2003-01-01

Status:
Active

Email Addresses:
[email protected]

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Current Advisors List

tom-mann_image

Tom Mann Board of Directors @ New Brunswick Innovation Foundation
Board_member

beth-webster_image

Beth Webster Board of Directors @ New Brunswick Innovation Foundation
Board_member

jill-green_image

Jill Green Board of Directors @ New Brunswick Innovation Foundation
Board_member

annette-comeau_image

Annette Comeau Board of Directors @ New Brunswick Innovation Foundation
Board_member

byron-james_image

Byron James Board of Directors @ New Brunswick Innovation Foundation
Board_member

rodney-ouellette_image

Rodney Ouellette Board of Directors @ New Brunswick Innovation Foundation
Board_member

david-burns_image

David Burns Board of Directors @ New Brunswick Innovation Foundation
Board_member

gerry-verner_image

Gerry Verner Board of Directors @ New Brunswick Innovation Foundation
Board_member

Current Employees Featured

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Raymond Fitzpatrick
Raymond Fitzpatrick Director of Investments @ New Brunswick Innovation Foundation
Director of Investments
2017-12-01

mike-jennings_image

Mike Jennings
Mike Jennings Vice Chairman @ New Brunswick Innovation Foundation
Vice Chairman

ray-fitzpatrick_image

Ray Fitzpatrick
Ray Fitzpatrick TitleDirector of Investments @ New Brunswick Innovation Foundation
TitleDirector of Investments
2017-12-01

craig-mclaughlin_image

Craig McLaughlin
Craig McLaughlin Controller @ New Brunswick Innovation Foundation
Controller

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Chet Wesley
Chet Wesley Director of Marketing @ New Brunswick Innovation Foundation
Director of Marketing

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Joanne Johnson
Joanne Johnson Director of Administration @ New Brunswick Innovation Foundation
Director of Administration

bob-hatheway_image

Bob Hatheway
Bob Hatheway Chairman @ New Brunswick Innovation Foundation
Chairman

roger-gervais_image

Roger Gervais
Roger Gervais VP Research @ New Brunswick Innovation Foundation
VP Research

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Daniel Hoyles
Daniel Hoyles Investment Analyst @ New Brunswick Innovation Foundation
Investment Analyst

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Jeff White
Jeff White CEO @ New Brunswick Innovation Foundation
CEO
2018-10-01

Investments List

Date Company Article Money raised
2022-07-26 ProcedureFlow New Brunswick Innovation Foundation investment in Venture Round - ProcedureFlow 11.8 M USD
2022-07-12 Soricimed New Brunswick Innovation Foundation investment in Grant - Soricimed 200 K USD
2022-03-10 Kognitiv Spark New Brunswick Innovation Foundation investment in Series A - Kognitiv Spark 4.7 M CAD
2022-02-16 Alongside New Brunswick Innovation Foundation investment in Venture Round - Alongside 8 M CAD
2022-02-11 Potential Motors New Brunswick Innovation Foundation investment in Seed Round - Potential Motors 4 M CAD
2022-01-25 brunvalley New Brunswick Innovation Foundation investment in Seed Round - brunvalley 300 K USD
2022-01-04 TrojAI New Brunswick Innovation Foundation investment in Seed Round - TrojAI 3 M CAD
2021-07-05 Terris Earth Intelligence New Brunswick Innovation Foundation investment in Seed Round - Terris Earth Intelligence 878 K CAD
2021-06-10 HomeSchoolToGo New Brunswick Innovation Foundation investment in Grant - HomeSchoolToGo 25 K USD
2021-06-10 Brain Tumor Segmentation New Brunswick Innovation Foundation investment in Grant - Brain Tumor Segmentation 25 K USD

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