The New Brunswick Innovation Foundation develops innovation and entrepreneurship in New Brunswick by making venture capital investments in start up companies and funding applied research in the interest of developing new intellectual property. An independent corporation, the Foundation has $45 million under management, leveraging $177 million more from other sources. The foundation is based in Fredericton, Canada.
Read more about The New Brunswick Innovation Foundation: Strategic Industries, Knowledge Industry, Life Sciences, Advanced Manufacturing, Value-added Natural Resources, Energy and Environmental Technologies
Famous quotes containing the words innovation and/or foundation:
“Both cultures encourage innovation and experimentation, but are likely to reject the innovator if his innovation is not accepted by audiences. High culture experiments that are rejected by audiences in the creator’s lifetime may, however, become classics in another era, whereas popular culture experiments are forgotten if not immediately successful. Even so, in both cultures innovation is rare, although in high culture it is celebrated and in popular culture it is taken for granted.”
—Herbert J. Gans (b. 1927)
“The foundation of empire is art & science. Remove them or degrade them, & the empire is no more. Empire follows art & not vice versa as Englishmen suppose.”
—William Blake (1757–1827)