Regional Investment Fund in Fredericton Targets Ex-Pat Investors

While the New Brunswick startup community is growing – leagues ahead of where it was before companies like Radian6 and Q1 Labs put the region on the map for outside investors – unrealized promise remains, industry leaders say.

"There is capital here," said Larry Shaw, CEO of Ignite Fredericton and Knowledge Park.

"We don't have all the tools and assets or capital investments that we need in this province to meet the full potential."

Now two East Coast organizations, Invest Atlantic and Springboard, are hoping to attract angel investors, generally an already rich investor who puts money into a company, to startups in the region.

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Victoria Krisman
Victoria Krisman is Interactive Media Specialist and Communications Manager for the Intelligent Community Forum.
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