Opportunities NB unveils New Brunswick seed, Series A funds
Opportunities NB, a New Brunswick crown corporation, has launched two side-car funds to support early-stage companies located in the province. Opportunities NB will sponsor a seed fund that can invest up to $500,000 in a startup. A maximum of $2 million is available per year from the fund. Additionally, it will sponsor a Series A fund that can invest up to $1 million in a company emerging from the startup phase or about to generate revenue. A maximum of $5 million per year is available. The side-car funds will partner with approved investors, among them East Valley Ventures, an Atlantic Canada startup accelerator and angel group.
15 September 2017•3 mins read
