Innovation Canada — Innovation Advisors in NB

Eligibility for accessing the Innovation Advisors service is influenced by certain conditions related to the nature and readiness of the business.

• The company must be incorporated.
• The company should be ready to grow or scale.
• The company is looking to create a new product, service, or process, or seeking advice.

Who is eligible?

Eligible expenses

The grant is targeted at innovative Canadian businesses looking to grow or scale, by creating new products, services, or processes. The eligible projects focus on leveraging government programs and services for business innovation and growth.

• Connecting with Innovation Advisors for expert advice on business growth and scaling strategies.
• Leveraging networks and expertise of former entrepreneurs and private-sector professionals to navigate government programs.
• Accessing financing, technical advice, and foreign market expertise to support business innovation.
• Strategic planning and execution of business development strategies with professional guidance.
• Utilizing government-backed expertise to enhance business competitiveness and sustainability.

Eligible geographic areas

This grant is available to companies in regions where Innovation Advisors are designated to provide their services. The eligible locations span multiple Canadian provinces and territories to ensure broad access to innovation support.

• Pacific and Yukon, including areas like Victoria and Vancouver, BC.
• Prairies and Northwest Territories, covering cities such as Edmonton and Calgary, AB, and Saskatoon, SK.
• Ontario, with representatives in cities like Toronto and Ottawa, ON.
• Quebec and Nunavut, including locations like Quebec City and Montreal, QC.
• Atlantic, encompassing areas such as Charlottetown, P.E.I., St. John's, NL, and Moncton, NB.

There are evaluation and selection criteria for this grant. The criteria include:

• Strategic planning and trend spotting ability
• Experience in digital marketing and global brands
• Knowledge in finance and financial modeling
• Track record in business development and go-to-market strategies
• Experience in research and development, market-driven innovation, and commercialization

Here are additional relevant details for this context related to Innovation Advisors:

• Innovation Advisors have a diverse range of expertise across different sectors, including digital marketing, finance, business development, international expansion, and more.
• The Advisors have professional backgrounds in both public and private sectors, offering a broad understanding of available programs and how to leverage them.
• They provide tailored advice based on the specific needs and goals of the businesses.
• Senior Innovation Advisors are available across different regions in Canada, offering localized support and networks.
• Advisors help connect businesses to the right people and programs, offering support in navigating government funding and resources.
• This service aims to foster innovation, create jobs, and contribute to the growth of Canada's economy by supporting businesses.