NBIF Backed 29 Startups in 2016-17
The New Brunswick Innovation Foundation released its 2016-17 annual report on Wednesday, revealing an active year, in which it invested in 29 different companies.
The report on the innovation agency’s operations in the 12 months to March 31, 2017, reveals that NBIF’s two funds invested a total of $4.6 million in the 29 companies. In the 2016 fiscal year, NBIF had invested a total of $3.8 million