Jeff White, the CEO of the New Brunswick Innovation Foundation, has posted a blog saying his organization is noticing a rebound in the startup community in the launch of new ventures and fundraising by portfolio companies.
The article highlights a resurgence in New Brunswick’s startup community, which White outlined last month at the New Brunswick Innovation Outlook event in Fredericton. Entrevestor released its 2024 Atlantic Canada Startup Data report at the event, which highlighted falling numbers of startups and employment in the community.
In the blog, White notes that NBIF in 2025 is receiving more approaches from new companies than it has in several years, and five or six of its portfolio companies are now raising capital.
“This combination of new pipeline activity and portfolio momentum represents the most encouraging environment we’ve seen in several years,” says White.
You can find his blog, which includes a suggested path forward, here.