New Brunswickers at the earliest stages of forming a startup have a day left to get their entry into the New Brunswick Innovation Foundation’s Breakthru competition.
The deadline to get your entry in for the biennial startup competition is 11:59 pm on Tuesday, Dec. 9.
The Breakthru contestants will be competing for a total pool of prizes worth more than $500,000 in cash and in-kind services. It’s a significant increase over the total prizes of $406,000 in the 2013 event.
NBIF has already secured two primary sponsors for the event, Cox & Palmer and Deloitte, and is hoping to bring in more sponsors to contribute in-kind services for the prizes. The foundation hopes to bring in more organizations as sponsors partly because it wants more groups participating in the ecosystem for startups.
NBIF Chief Executive Calvin Milbury has said previously the aim is to come up with a “company in a box” to present to the winners. That means that in addition to an investment by NBIF, they will have legal and accounting services, as well as banking, insurance, web design and the like.
You can find the details on entering the contest here.