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Record updated:
NBIF — Corporate Cleantech Innovation Fund
Funding for cleantech innovation projects
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Funding available
$ 50,000 - $ 250,000
Location
New Brunswick, Canada
Overview
Non-dilutive funding supports cleantech innovation projects in New Brunswick. Eligible work can include employee salaries, subcontracting, third-party testing, materials, equipment, infrastructure, and certain intellectual property costs, with funding up to $250,000.
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At a glance
Funding available
Financing goals
- Develop a new product or service
- Conduct research and development activities
- Optimize production processes
Eligible Funding
- Maximum amount : 250,000 $
- Minimum amount : 50,000 $
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- New Brunswick
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- 500 employees maximum
Audience
- Startups
Next Steps
1
Determine your project
Availability timeline
2026
Periods: 2
Activities funded
- Innovation projects that advance cleantech development or commercialization
- Projects designed to reduce greenhouse gas emissions
- Technologies or new applications of existing technologies with local deployment potential
Documents Needed
- Initial project summary
- Full project plan
- Project budget
Sources and recorded changes
- Record updated
A captured source change or record update does not confirm eligibility. Check the funder’s current rules before applying.
Eligibility
Who is eligible?
- Small and medium-sized enterprises
- Companies incorporated in New Brunswick
- Companies incorporated elsewhere in Canada with substantial operations in New Brunswick
Eligible expenses
- Employee salaries for project work
- Subcontracting, temporary staff, and consultants
- Third-party testing
- Materials and supplies
- Equipment, infrastructure, and certain intellectual property costs
Eligible geographic areas
- New Brunswick
Selection criteria
- Level of innovation
- Potential to advance technology or commercialization
- Potential to reduce emissions
- Strength of the business case
How to apply
- Step 1: Submit an initial project summary to confirm eligibility.
- Step 2: If invited, prepare the full application with a project plan and budget.
- Step 3: Submit the complete application online through the NBIF portal before the deadline.
Processing and Agreement
- Applications are reviewed after submission through the NBIF online portal.
- Applicants first provide an initial project summary to determine eligibility.
- Qualified applicants are then invited to submit a full application.
- Applications are evaluated by representatives of Opportunities NB and NBIF.
- Applicants must submit a final project report at the end of the project.
Additional information
- The program is competitive.
- Applicants first submit an initial project summary for eligibility screening.
- A detailed project report is required at the end of the project.
- Funding may include matching requirements, depending on the amount awarded.
Frequently Asked Questions about the NBIF — Corporate Cleantech Innovation Fund Program
What is the NBIF — Corporate Cleantech Innovation Fund?
Non-dilutive funding supports cleantech innovation projects in New Brunswick. Eligible work can include employee salaries, subcontracting, third-party testing, materials, equipment, infrastructure, and certain intellectual property costs, with funding up to $250,000.
How much funding can be received?
NBIF — Corporate Cleantech Innovation Fund Funds up to $250,000 of admissible expenses.
Who is eligible for the NBIF — Corporate Cleantech Innovation Fund program?
To be eligible for the NBIF — Corporate Cleantech Innovation Fund program, you must:
New Brunswick SME
Prior-year revenue
Innovative cleantech project
What expenses are eligible under NBIF — Corporate Cleantech Innovation Fund?
Employee salaries for project work
Subcontracting, temporary staff, and consultants
Third-party testing
Materials and supplies
Equipment, infrastructure, and certain intellectual property costs
Who can I contact for more information about the NBIF — Corporate Cleantech Innovation Fund?
You can contact New Brunswick Innovation Foundation (NBIF).
Where is the NBIF — Corporate Cleantech Innovation Fund available?
The NBIF — Corporate Cleantech Innovation Fund program is available the province of New Brunswick.
Is the NBIF — Corporate Cleantech Innovation Fund a grant, loan, or tax credit?
NBIF — Corporate Cleantech Innovation Fund is a Grant and Funding