New Brunswick puts $5 mln to work in Startup Investment Fund
The New Brunswick government has committed $5 million to the Startup Investment Fund, which is intended to support entrepreneurs as they develop innovation-based growth companies in the province. Activities the fund will support include startups, product development and testing, market research, intellectual property protection and general business development. Investments will range up to $100,000. The fund will be managed by The New Brunswick Innovation Foundation, which has made venture capital investments in over 30 companies since 2004.
24 October 2013•2 mins read
