Early Stage Commercialization Fund (ESCF)

By mmuise

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

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

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