Funding, Funding and Funding, Oh My!

Andrew Byrne March 24, 2021

 

 

 

 

 

 

 

 

 

 

 

 

On March 3rd, our Executive Director, Meaghan Seagrave, had the pleasure of speaking at the Bounce Health Innovation event, “Money! Money! Money! – Financial Support for Medtech Entrepreneurs”.

While we heard from many organizations such as Memorial University, and CNA, we will be focusing on the content that both New Brunswick bioscience and medtech organizations could potentially avail of.

The event kicked off with a very familiar face to BioNB in the form of MITACS which gave a great overview of a couple of their funding programs. Below, you can view the typical MITACS funding cycle:

 

 

 

 

 

 

 

 

 

 

 

 

 

Next up was the Information and Communications Technology Council (ICTC) and their WIL Digital program. Similar to the BioTalent Student Work Placement Program that BioNB is a partner for, this program offers to cover up to $7,500 of an eligible student’s wage until April 30th and up to $7,000 beyond that date. We’ve also added a shot of the basic eligibility requirements.

 

 

 

 

 

 

 

 

 

 

 

 

One of the last presentations of the event was Meaghan’s and it showcases just how complex, but vibrant the funding opportunities are here in New Brunswick. From research and development partners (Research & Productivity Council) and incubators (Planet Hatch), to Federal Government (NRC-IRAP) and ancillary support organizations (Venn Innovation), her presentation packed a lot into 10 minutes. Check out all the shots below for a quick overview.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This is a lot to digest in such a short amount of time. If your company is having difficulty navigating all the different types/sources of funding in New Brunswick, make sure to contact us so we can help!

The event capped off with a slightly more unique and targeted company showcasing their funding opportunities. Sandpiper Ventures is a VC organization which “provide a platform where women investors and founders can radically disrupt the venture capital environment.” You can find out more about their story here: https://sandpiper.vc/about/

In just 2 short hours, the event screen showcased over 35 places where your bioscience/bioeconomy venture can go to look for funding and/or potential partners. We understand that this can be overwhelming at the best of times, so make sure to contact our Marketing & Comms Director, Andrew Byrne, at abyrne@bionb.org if you have any questions.

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