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Startup Investment Fund

Funding Agency - NBIF
Open to the following province(s): New Brunswick
This competition is open.
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Provides entrepreneurs located in New Brunswick with access to startup capital to support the formation, initial capitalization and development of new and innovative growth businesses in the province. Investments will take the form of equity, typically through the purchase of common stock or the issuance of convertible debentures. Companies are eligible for up to $100,000 under the SIF. As a partner in the venture, NBIF will work with the company and its founding team to realize the growth potential of the business. The initial investment from NBIF is expected to leverage additional funding to support the business for at least a 12-month period.