NBIF Invested $3.8M in VC in 2015-16

The New Brunswick Innovation Foundation said Wednesday it made equity investments totaling $3.8 million in 22 companies in the 12 months to March 31, 2016.
The province’s innovation agency released its annual report for last fiscal year, which shows it was active throughout the year, though many of the contribution totals were slightly below the record year in 2014-2015. The organization had