Voucher
NBIF Innovation Voucher
Our Innovation Voucher Fund (IVF) was designed to support small and medium-sized enterprises (SMEs) in New Brunswick with access to scientific talent and facilities they need to engage in R&D opportunities to accelerate innovation. This includes new products or operational efficiencies.
- 4.5/5.0
- New Brunswick. New Brunswick Innovation Foundation
- All levels
- Last updated 6 days ago
- English
Description
Our Innovation Voucher Fund (IVF) was designed to support small and medium-sized enterprises (SMEs) in New Brunswick with access to scientific talent and facilities they need to engage in R&D opportunities to accelerate innovation. This includes new products or operational efficiencies.
Under this fund, companies are eligible for non-repayable funding up to $ 80,000 to cover 80 per cent of an R&D project with an approved New Brunswick research institution . The funds are provided directly to the collaborating research organization under a contract agreement and used by the researcher to offset eligible expenses.