NBIF Doubles VC Totals in 2 Years

The New Brunswick Innovation Foundation invested a record $4.2 million in startups in the 2015 fiscal year, more than twice the figure two years earlier, the not-for-profit agency said in the annual report released Tuesday.
NBIF said it made six investments from its Startup Investment Fund totaling $610,000 and 12 Venture Capital Fund investments totaling $3.23 million. In the previous year,