The primary purpose of this fund is to increase the province’s capacity to do applied research by supporting the purchase of equipment. Up to 33% of the equipment cost may be requested, understanding that requests to NBIF may be no larger than $150,000. This fund may be used to leverage federal programs for research equipment (e.g. NSERC RTI, CFI JELF) or it may leverage other source of funds. Requests larger than $150,000 may be requested through our Strategic Opportunities Fund, if it meets the criteria of this fund.
The applicant must show that the equipment will broadly benefit New Brunswick, that it facilitates the generation of potential new IP which the researcher has the intent to commercialize, that the knowledge generated will be disseminated outside academia, and that the researcher and their team have the capacity to do the work proposed. The start of the project should be within 18 months of the decision date (identified on the formal notice of decision to successful applicants) and projects have a maximum duration of 5 years, which includes the 18 months to confirm conditions. For more information on the award administration, please refer to the NBIF Research Award Administration Guidelines (https://nbif.ca/wp-content/uploads/2020/03/NBIF-Research-Award-Administration-Guidelines-1.pdf)
A maximum of 33% of the project cost can be requested. Requests may be no longer than $150,000. The matching portion of the funding may be cash or in-kind contributions (including institutional contributions) but cannot be from another provincial government source.
CFI JELF matching applications
The researcher can apply to the NBIF before or after submitting an application to the CFI and they may request an amount equal to the CFI contribution, up to a maximum of $150,000 (this may be up to 40% of the project cost).
Eligible project costs include equipment (both hardware and software) directly linked to the research program. Please view our Research Award Administration Guide for more information.
Applications will be via the NBIF Research Portal. The next round of applications for the Equipment Fund will open on November 9th, 2020 and close on February 1st, 2021.