New Brunswick Innovation Foundation

The New Brunswick Innovation Foundation (NBIF), established in 2004 and located in Fredericton, Canada, is an independent non-profit organization dedicated to fostering innovation and economic development. The foundation invests in growth-oriented companies and applied research activities, focusing on projects with potential for commercialization. Unlike traditional financial institutions, NBIF provides equity capital rather than loans, allowing it to take an active role in the companies it supports. Additionally, it offers professional support and networking opportunities to enhance the growth of startups. By investing in research and development, as well as recruiting and nurturing talented researchers, NBIF aims to strengthen New Brunswick's capacity for innovation and create commercial opportunities across key strategic industries. The foundation also plays a pivotal role in attracting additional investments from various capital and industrial partners, thereby amplifying its impact on the local economy.