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GRANTNew Brunswick

NBIF Innovation Voucher Fund

Last verified: June 2026

This New Brunswick fund pairs small and medium businesses with provincial research organizations to work on a new or improved product, process, or technology. NBIF covers 80 percent of project costs up to $80,000 for a first or second voucher, with the company funding the rest. Funds go directly to the collaborating researcher and are non-repayable, and the company keeps any intellectual property created.

See if I qualifyOfficial page
Estimated value
Up to $80,000 (80% of project costs); reduced to $50,000 at 50% for vouchers beyond the first two
Approval likelihood
Medium
Ready to apply score
75/100
Documents needed
4

Eligibility

  • Business types:incorporated
  • Industries:All industries
  • Provinces:New Brunswick
  • Max employees:500
  • Requires R&D activity

What you'll need

  • Project proposal with business case and market potential
  • Proof of incorporation and NB registration
  • Project work plan and budget
  • Company history and team description

How to apply

  1. 1Confirm the business has at least 24 months of operating history and fewer than 500 employees
  2. 2Draft a project proposal describing the innovation and expected economic impact
  3. 3Submit the proposal through the NBIF web portal (NBIF helps match a researcher)
Deadline:Rolling intake

Is your business a fit for NBIF Innovation Voucher Fund?

Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.

Check my eligibility

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New Brunswick Self-Employment Benefit (Workforce Expansion)

Financial support at a provincially set rate during startup, plus coaching

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New Brunswick LIFT: Leveraging Investment in Film and TV (Production)

Up to 30% (Micro, max $100,000) or up to 35% of NB spend (Major)

A monthly digest

New programs, in your inbox.

We are in beta. Drop your email and we will write when the first digest is ready. Monthly cadence, easy unsubscribe.

Deductly CA

Every Canadian grant, tax credit, and deduction your business qualifies for. In one ranked list.

Start the assessment
Product
  • Eligibility quiz
  • All programs
  • Watch (live changes)
  • The funding journey
  • When to apply
  • Stackability map
  • Document checklist
  • Calculators
  • Tracker
  • Learn
  • Pricing
Resources
  • For accountants
  • Public API
  • RSS feed
  • What's new
  • Roadmap
  • Press
  • vs ChatGPT
  • vs Benefits Finder
By province
  • Ontario
  • British Columbia
  • Alberta
  • Quebec
  • Manitoba
  • Saskatchewan
By industry
  • Technology & Software
  • Manufacturing
  • Retail & E-commerce
  • Food & Beverage
  • Professional Services
  • Creative & Media
For
Women entrepreneursNewcomersIndigenous businessYouth foundersBlack entrepreneursFirst-hire employers
Recent guides
Deductions · 8 min

Every deduction Canadian small businesses miss

Grants · 10 min

8 grants every Canadian founder should know about

Deductions · 7 min

The Small Business Deduction, fully explained

© 2026 DeductlyPrivacyTermsAboutFrançaisContact
All systems operational

Deductly is a discovery tool, not a tax filer. Information is provided for educational purposes. Always confirm program details and eligibility with a qualified Canadian accountant before applying or claiming any benefit.