After helping Nova Scotian researchers become entrepreneurs for 15 years, the Early-Stage Commercialization Fund is moving into New Brunswick.
The New Brunswick Innovation Foundation, or NBIF, announced Monday that it is launching the fund in New Brunswick with $500,000 in support from the Atlantic Canada Opportunities Agency, or ACOA. Halifax-based Innovacorp has been operating the fund in Nova Scotia since 2005 and its success convinced NBIF and ACOA to expand it to New Brunswick.
The fund will contribute up to $50,000 per project to New Brunswick post-secondary researchers pursuing