Startup Investment Fund
The Startup Investment Fund (SIF) provides up to $200,000 of pre-seed equity investment to eligible New Brunswick companies.
- New Brunswick Innovation Foundation
Overview of the Startup Investment Fund program:
The Startup Investment Fund by the New Brunswick Innovation Foundation (NBIF) is designed to support early-stage startups in New Brunswick by providing essential funding to help them scale and grow. This program is tailored for entrepreneurs who need financial backing to bring their innovative products or services to market.
Benefits of the Startup Investment Fund program:
- Equity Investment: The fund provides financial support through equity investments, helping startups secure the capital needed for development, marketing, and scaling operations.
- Mentorship and Guidance: In addition to funding, startups benefit from NBIFs extensive network, receiving mentorship, strategic advice, and connections to other investors.
- Growth Support: The program is focused on accelerating the growth of high-potential startups by offering not only capital but also support in refining business strategies and accessing new markets.
Eligibility criteria of the Startup Investment Fund program:
- Location: The startup must be based in New Brunswick, Canada.
- Stage: The company should be in the early stages of development, ideally pre-revenue or with minimal revenue.
- Innovation: The product or service must demonstrate innovation and have the potential for significant market impact.
- Commercial Viability: The startup must have a clear plan for commercialization and a roadmap for growth.
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