New Brunswick Innovation Foundation

NBIF is an evergreen pre-seed and seed stage venture capital organization that invests in the creation and scaling of New Brunswick tech companies. Backed by a $100 million fund, we offer a comprehensive support system, including direct equity investment in companies, a fund-of-funds strategy, specialized funds that support sustainability and competitiveness, and a network of business accelerators and incubators. Founded in 2002, NBIF is a proud catalyst behind New Brunswick’s thriving tech scene, investing in 1 out of every 6 tech companies in the province. For every dollar we invest, another $30 is infused from other sources, and 17 successful exits have generated hundreds of millions in capital investment that has been reinvested right back into New Brunswick’s economy. NBIF strategically invests directly in high-growth tech startups headquartered in New Brunswick, aligning with government priority sectors to drive economic growth. • We target high-potential, globally focused innovative companies that stand out from the competition and have established a solid foundation. • Often the first investor, we offer pre-seed and early-stage equity investments ranging from $50K to $1M. • NBIF is a powerhouse for attracting investment capital, typically achieving an impressive 5:1 ratio with 80% of funds coming from outside New Brunswick. • Our active participation on portfolio company boards, guidance, and vast network connects startups with co-investors and additional resources.