New Brunswick Innovation Foundation
The New Brunswick Innovation Foundation (NBIF), established in 2004 and located in Fredericton, Canada, is an independent non-profit organization dedicated to fostering innovation and economic development. The foundation invests in growth-oriented companies and applied research activities, focusing on projects with potential for commercialization. Unlike traditional financial institutions, NBIF provides equity capital rather than loans, allowing it to take an active role in the companies it supports. Additionally, it offers professional support and networking opportunities to enhance the growth of startups. By investing in research and development, as well as recruiting and nurturing talented researchers, NBIF aims to strengthen New Brunswick's capacity for innovation and create commercial opportunities across key strategic industries. The foundation also plays a pivotal role in attracting additional investments from various capital and industrial partners, thereby amplifying its impact on the local economy.
Drinkable is a water technology company focused on enhancing water autonomy and safety. It develops innovative handheld devices that allow users to test their drinking water for contamination quickly and accurately. With a simple button press, users receive immediate feedback on water quality through an intuitive thumbs up/down display. For a more comprehensive analysis, the device can be paired with a smartphone to provide detailed contamination reports, risk profiles, and personalized treatment plans. This approach empowers individuals to manage their own water safety and make informed decisions regarding their health.
Renderatours™| The most elegant Virtual Tour Platform for Real Estate new Developments, able to help users to enjoy the experience of exploring properties that are not built yet. For developers, this creates awareness around their projects and the opportunity to generate leads through our On-tour Inquiry System™. Our SuitesFlow™ | We digitalize existing and future buildings to fill them up faster and better. SuitesFlow™ provides an interactive digital version of multi properties buildings that allow users to gather critical information about available properties in one screen. All our applications provide data & analytics that are vital for developers to better understand their market.
FoodByte Inc. is a software company based in Wolfville, Canada, established in 2017. It specializes in developing tools that assist food processors in generating and managing food safety plans. Its key products include Traceability+, which facilitates product recalls, lot code tracking, and inventory management, and Standards+, which helps food processors and consultants create and oversee work plans. The platform aims to automate food safety processes for small teams, eliminating the reliance on paper-based documentation and enabling users to upload standard operating procedures, including HACCP plans. By linking these procedures to relevant monitoring forms, FoodByte allows food manufacturers to prioritize production and growth while ensuring compliance with safety and regulatory standards.
Non Equity Assistance in 2020
Bloxo is a social marketplace that offers on-demand recreational sports opportunities tailored to individuals' interests and skill levels. The platform connects users with local recreational games, allowing them to participate at their convenience without the constraints of long-term commitments or strict schedules. By facilitating easy access to various sports activities, Bloxo enhances the recreational experience for users looking to engage in physical activities while fostering community interaction.
Side Door is an online platform that facilitates the booking of live performances by connecting artists and hosts, enabling shows to be held in various locations. The platform provides tools for booking, ticketing, audience management, and revenue sharing, allowing artists to organize events on their own terms. By streamlining the show-booking process with user-friendly digital tools, Side Door aims to create a more inclusive and equitable ecosystem for live performances, making them accessible to a broader audience. The company is focused on fostering connections between performers and hosts, thus supporting a diverse range of artistic expressions and experiences.
ReelData AI specializes in developing artificial intelligence software tailored for the aquaculture industry. Based in Halifax, Canada, the company offers advanced monitoring solutions for fish farms, utilizing feed cameras to measure key metrics such as biomass, sea lice presence, and overall fish health in real-time. This technology enables fish farms to optimize their operations by providing crucial insights into weight distributions, feeding patterns, and growth analysis. By improving the efficiency of feed usage and enhancing fish health, ReelData AI aims to support aquaculture businesses in maximizing their productivity and sustainability. The company was established in 2019.
FundMetric uses analytics and predictive modelling to help determine the who, what, when, where, why, and how of donors and their relationship to not-for-profits and charities. Fundraisers often spend 90% of their time on 10% of their donors. In addition to predictive analytics, Fundmetric also helps save charities time by automating and personalizing tasks relating to the remaining 90% and allowing fundraisers to focus on their larger donors at the top of the giving pyramid.
Trip Ninja Inc. is a travel management platform based in Halifax, Canada, that specializes in optimizing multi-destination trip planning. Founded in 2015, the company offers a user-friendly application that allows travelers to search for and compare various trip routes, focusing on minimizing costs while maximizing convenience. Trip Ninja serves both consumers directly through its website and businesses via an API, making it a versatile tool for travel agencies. By employing a sophisticated algorithm, the platform efficiently calculates and suggests optimal travel plans, empowering users to make informed decisions when booking their trips.
Jaza Energy is focused on providing last mile energy solutions by establishing solar energy charging stations in off-grid communities. The company develops centralized solar energy hubs that deliver scalable power, offering affordable and reliable electricity access to hundreds of households. These hubs enable residents to charge portable battery packs, which can then be used at home to power lights and phones, while also supplying energy to essential services such as water systems, shops, schools, and community infrastructure. By replacing the reliance on kerosene and eliminating the need for long travel to access charging facilities, Jaza Energy aims to enhance the quality of life in underserved areas.
Radian6 is a social media monitoring software that enables businesses to listen to and engage in online conversations about their brand. By gathering data from various platforms, including blogs, forums, and social media networks, Radian6 provides tools for analyzing and managing these discussions in real time. Its flexible dashboard allows users to track engagement, measure sentiment, and identify influencers, facilitating informed decision-making. The software supports integration with customer relationship management (CRM) systems and web analytics, enhancing the ability to assess social media return on investment. Radian6 also offers features like automated sentiment analysis, customizable reporting, and team collaboration tools, enabling businesses to effectively monitor their brand's health and respond to customer interactions. With capabilities to filter results by source and language, Radian6 provides comprehensive insights that help businesses understand their social media impact and improve engagement strategies.
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