Early Stage Commercialization Fund (ESCF)

By mmuise
Description:

The Early Stage Commercialization Fund (ESCF) helps move New Brunswick university, college and institutional research to market. The ESCF assists the academic & institutional research communities in pursuing commercialization opportunities by providing up to $50,000 in funding and go-to-market support. Projects can be applied for in one of two phases:
Phase 1: for technologies that have achieved proof of concept and are now in initial stages of development. Phase 2: for projects that have clarified the opportunity for commercialization as well as target markets and potential revenue streams.


Comments on Funding:

Funding is up to $50,000 for projects in either Phase 1 or Phase 2. A given project can receive at most one Phase 1 award and one Phase 2 award, up to a maximum of $50,000 in each phase.

Deadline: Rolling deadline
Eligibility:

Applicants must be:

  • research personnel, including professors, research staff, and faculty members, at approved New Brunswick research institutes,
  • graduate students/college students and post-docs, provided a faculty member is a co-applicant.
Application Steps:

Applicants should apply through the NBIF Research Portal.



Documentation Needed:

Applicants must submit:
1. the application form,
2. a technical report, including a financial report of expenses, at the end of the 1-year funding period.

Other Things to Note:

Innovacorp and New Brunswick Innovation Foundation (NBIF) are proud to be working together to deliver the Early Stage Commercialization Fund (ESCF) in both Nova Scotia and New Brunswick

About the author
mmuise