Venture Capital Fund (VCF)

By mmuise

The Ventrure Capital Fund provides New Brunswick startups with the venture capital they need to rapidly grow and deliver their innovative products to customers. This investment will take the form of equity through the purchase of preferred shares, common shares or issuance of convertible debentures.
Capital raised from the Venture Capital Fund is intended to fully support a business for a 12 to 18-month period.

Comments on Funding:

Funding will take the form of seed investment (i.e., preferred shares, common shares or convertible debentures) ranging from $200,000 to $500,000 per round.

Deadline: Continuous Intake

The applicant must:

  • be a New Brunswick startup;
  • have the potential to scale rapidly;
  • have a minimum Viable Product;
  • have a novel concept or unique business model;
  • have domain or technical expertise in market space;
  • have a well-rounded management team;
  • have a minimum of 12-18 months of runway.

Application Steps:

Applicants must contact the Venture Capital Fund team at

Documentation Needed:

Applicants must submit:
1. a business plan,
2. three-year financial projections with monthly detail for the first year, and quarterly detail for the following two.

Investors would also like to see a plan towards raising additional rounds of financing, to see the milestones that will create a path that will allow you to raise larger rounds of financing at a higher valuation.

Other Things to Note:


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