New Brunswick Innovation Foundation

Last updated
New Brunswick Innovation Foundation
AbbreviationNBIF
Formation2002
Legal statusFoundation
Headquarters Fredericton, New Brunswick
Servicesventure capital and applied research investments
CEO
Jeff White
Website nbif.ca

New Brunswick Innovation Foundation (NBIF) is an agency that seeks to promote entrepreneurship in the Canadian province of New Brunswick by making venture capital investments in startup companies and funding applied research to developing new intellectual property. [1] [2] [3] An independent non-profitable corporation, the Foundation manages $120 million, and leverages $310 million more from other sources. The foundation is based in Fredericton, New Brunswick.

Contents

Investment areas

The NBIF supports makes investments in research and development projects and early stage companies within the following strategic industries:

Knowledge industry

Life sciences

Advanced manufacturing

Value-added natural resources

Energy and environmental technologies

Related Research Articles

<span class="mw-page-title-main">Aquaculture</span> Farming of aquatic organisms

Aquaculture, also known as aquafarming, is the controlled cultivation ("farming") of aquatic organisms such as fish, crustaceans, mollusks, algae and other organisms of value such as aquatic plants. Aquaculture involves cultivating freshwater, brackish water and saltwater populations under controlled or semi-natural conditions, and can be contrasted with commercial fishing, which is the harvesting of wild fish. Aquaculture is also a practice used for restoring and rehabilitating marine and freshwater ecosystems. Mariculture, commonly known as marine farming, is aquaculture in seawater habitats and lagoons, as opposed to freshwater aquaculture. Pisciculture is a type of aquaculture that consists of fish farming to obtain fish products as food.

<span class="mw-page-title-main">Mariculture</span> Cultivation of marine organisms in the open ocean

Mariculture, sometimes called marine farming or marine aquaculture, is a specialized branch of aquaculture involving the cultivation of marine organisms for food and other animal products, in enclosed sections of the open ocean, fish farms built on littoral waters, or in artificial tanks, ponds or raceways which are filled with seawater. An example of the latter is the farming of marine fish, including finfish and shellfish like prawns, or oysters and seaweed in saltwater ponds. Non-food products produced by mariculture include: fish meal, nutrient agar, jewellery, and cosmetics.

The following outline is provided as an overview of and topical guide to agriculture:

<span class="mw-page-title-main">Recycling</span> Converting waste materials into new products

Recycling is the process of converting waste materials into new materials and objects. This concept often includes the recovery of energy from waste materials. The recyclability of a material depends on its ability to reacquire the properties it had in its original state. It is an alternative to "conventional" waste disposal that can save material and help lower greenhouse gas emissions. It can also prevent the waste of potentially useful materials and reduce the consumption of fresh raw materials, reducing energy use, air pollution and water pollution.

<span class="mw-page-title-main">Ecosystem service</span> Benefits provided by healthy nature, forests and environmental systems

Ecosystem services are the various benefits that humans derive from healthy ecosystems. These ecosystems, when functioning well, offer such things as provision of food, natural pollination of crops, clean air and water, decomposition of wastes, or flood control. Ecosystem services are grouped into four broad categories of services. There are provisioning services, such as the production of food and water. Regulating services, such as the control of climate and disease. Supporting services, such as nutrient cycles and oxygen production. And finally there are cultural services, such as spiritual and recreational benefits. Evaluations of ecosystem services may include assigning an economic value to them.

<span class="mw-page-title-main">Plastic recycling</span> Processes which convert waste plastic into new items

Plastic recycling is the processing of plastic waste into other products. Recycling can reduce dependence on landfill, conserve resources and protect the environment from plastic pollution and greenhouse gas emissions. Recycling rates lag those of other recoverable materials, such as aluminium, glass and paper. From the start of production through to 2015, the world produced some 6.3 billion tonnes of plastic waste, only 9% of which has been recycled, and only ~1% has been recycled more than once. Of the remaining waste, 12% was incinerated and 79% either sent to landfill or lost into the environment as pollution.

The Centre for Environment, Fisheries and Aquaculture Science (Cefas) is an executive agency of the United Kingdom government Department for Environment, Food and Rural Affairs (Defra). It carries out a wide range of research, advisory, consultancy, monitoring and training activities for a large number of customers around the world.

<span class="mw-page-title-main">Industrial agriculture</span> Form of modern industrialized farming

Industrial agriculture is a form of modern farming that refers to the industrialized production of crops and animals and animal products like eggs or milk. The methods of industrial agriculture include innovation in agricultural machinery and farming methods, genetic technology, techniques for achieving economies of scale in production, the creation of new markets for consumption, the application of patent protection to genetic information, and global trade. These methods are widespread in developed nations and increasingly prevalent worldwide. Most of the meat, dairy, eggs, fruits and vegetables available in supermarkets are produced in this way.

<span class="mw-page-title-main">Bioeconomy</span> Economic activity focused on biotechnology

Biobased economy, bioeconomy or biotechonomy is economic activity involving the use of biotechnology and biomass in the production of goods, services, or energy. The terms are widely used by regional development agencies, national and international organizations, and biotechnology companies. They are closely linked to the evolution of the biotechnology industry and the capacity to study, understand, and manipulate genetic material that has been possible due to scientific research and technological development. This includes the application of scientific and technological developments to agriculture, health, chemical, and energy industries.

<span class="mw-page-title-main">Integrated multi-trophic aquaculture</span> Type of aquaculture

Integrated multi-trophic aquaculture (IMTA) provides the byproducts, including waste, from one aquatic species as inputs for another. Farmers combine fed aquaculture with inorganic extractive and organic extractive aquaculture to create balanced systems for environment remediation (biomitigation), economic stability and social acceptability.

This is a glossary of environmental science.

The Marine Institute is a state agency in Ireland that provides government, public agencies and the maritime industry with scientific, advisory and economic development services, aiming to inform policy-making, regulation and the sustainable management and growth of the country's marine resources. Founded in 1991 on foot of a 1974 report, the institute undertakes and promotes marine research and development. The agency's staff and operations are governed by a ministerially-appointed board. Based at its headquarters near Galway, it has an office in Dublin and two research vessels.

The natural environment, commonly referred to simply as the environment, includes all living and non-living things occurring naturally on Earth.

<span class="mw-page-title-main">Circular economy</span> Production model to minimise wastage and emissions

A circular economy is a model of resource production and consumption in any economy that involves sharing, leasing, reusing, repairing, refurbishing, and recycling existing materials and products for as long as possible. The concept aims to tackle global challenges such as climate change, biodiversity loss, waste, and pollution by emphasizing the design-based implementation of the three base principles of the model. The three principles required for the transformation to a circular economy are: designing out waste and pollution; keeping products and materials in use, and regenerating natural systems. CE is defined in contradistinction to the traditional linear economy. The idea and concepts of a circular economy have been studied extensively in academia, business, and government over the past ten years. It has been gaining popularity because it can help to minimize carbon emissions and the consumption of raw materials, open up new market prospects, and, principally, increase the sustainability of consumption.

<span class="mw-page-title-main">Aquaculture in Canada</span>

Aquaculture is the farming of fish, shellfish or aquatic plants in either fresh or saltwater, or both. The farmed animals or plants are cared for under a controlled environment to ensure optimum growth, success and profit. When they have reached an appropriate size, they are harvested, processed, and shipped to markets to be sold. Aquaculture is practiced all over the world and is extremely popular in countries such as China, where population is high and fish is a staple part of their everyday diet.

Resource recovery is using wastes as an input material to create valuable products as new outputs. The aim is to reduce the amount of waste generated, thereby reducing the need for landfill space, and optimising the values created from waste. Resource recovery delays the need to use raw materials in the manufacturing process. Materials found in municipal solid waste, construction and demolition waste, commercial waste and industrial wastes can be used to recover resources for the manufacturing of new materials and products. Plastic, paper, aluminium, glass and metal are examples of where value can be found in waste.

<span class="mw-page-title-main">Offshore aquaculture</span> Fish farms in waters some distance away from the coast

Offshore aquaculture, also known as open water aquaculture or open ocean aquaculture, is an emerging approach to mariculture where fish farms are positioned in deeper and less sheltered waters some distance away from the coast, where the cultivated fish stocks are exposed to more naturalistic living conditions with stronger ocean currents and more diverse nutrient flow. Existing "offshore" developments fall mainly into the category of exposed areas rather than fully offshore. As maritime classification society DNV GL has stated, development and knowledge-building are needed in several fields for the available deeper water opportunities to be realized.

Central Institute of Brackishwater Aquaculture (CIBA) is one of the research institutes under Indian Council of Agricultural Research (ICAR), New Delhi to serve as the nodal agency for catering to the needs of the brackishwater aquaculture research in India. The institute is headquartered at Santhome High Road, Raja Annamalai Puram, Chennai with a research centre at Kakdwip in West Bengal and an experimental field station at Muttukadu, roughly 30 km to the south of Chennai. The institute works under the Ministry of Agriculture, India.

References

  1. "Chapter 4 Department of Business New Brunswick New Brunswick Innovation Foundation" (PDF). Retrieved July 13, 2014.
  2. "New Brunswick Innovation Foundation (NBIF)". Huamn Development Council Community Services Database New Brunswick. Retrieved July 13, 2014.
  3. Denita Cepiku; David K. Jesuit; Ian Roberge, eds. (2013). Making multilevel public management work : stories of success and failure from Europe and North America. Boca Raton: CRC Press. ISBN   9781466513808. LCCN   2013004191.