Alfred W. Lacey: Chair

Creating the new industry that New Brunswick needs to achieve self-sufficiency demands innovation. Innovation inside established companies, new startups, and at our universities. The New Brunswick Innovation Foundation encourages entrepeneurship and research innovation aimed at finding new solutions for both new and existing needs.

On average, for every dollar that we invest, our companies and researchers are able to secure an additional $7.00 from other sources. Organizations and investors that in many cases would have otherwise said no. To date, our investment activities have leveraged an additional $200 million in venture capital and research investments in New Brunswick.