Lab-to-Market Fund

Amount:

no fixed amount

Type:

Investment

Description:

The Lab-to-Market Fund aims to accelerate the development of technologies that have commercial applications. This fund supports activities that help develop new or improved technologies and/or transfer knowledge that address specific, well-defined market problems.

Comments on Funding:

Funding is up to 33% of projects with NB SMEs or not-for-profit organizations, and up to 25% of projects that do not have NB SMEs or not-for-profit organizations as partners.

Deadline:

Currently accepting applications

Eligibility:

Applicants must be researchers that should have:
2. a commercialization partner, SMEs or not-for-profit organizations, 3. student participation, 4. a clear understanding of the market problem being solved and the competitive advantages of their new technology, 5. a self-assessment of technology readiness level (minimum TRL 3), 6. a plan for the intellectual property.

Application Steps:

Applicants should apply through the NBIF Research Application Portal.

Documentation Needed:

Applicants must submit:
1. the application form,
2. project plans that include clear deliverables and timelines.

Other Things to Note:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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