New Brunswick Innovation Foundation

New Brunswick Innovation Foundation (NBIF) is an evergreen pre-seed and seed stage venture capital organization investing in the creation and scaling of New Brunswick tech companies. Backed by a $100 million fund, NBIF provides direct equity investments, a fund-of-funds strategy, specialized funds supporting sustainability and competitiveness, and a network of business accelerators and incubators. Founded in 2002, NBIF has invested in one out of every six tech companies in New Brunswick, leveraging $30 from other sources for every dollar invested, and has generated hundreds of millions in capital through 17 successful exits. NBIF focuses on fostering innovation, advancing diversity, supporting priority economic sectors, and generating long-term financial and social returns, positioning itself as a key catalyst in New Brunswick's tech ecosystem.