Global Site Navigation (use tab and down arrow)

Faculty of Engineering
UNB Fredericton

Back to J Herbert Smith Centre

Startup funding

To help get your idea off the ground, we partner with several organizations to offer students potential investment opportunities and grants. You will have access to a number of internal and external pitch competitions, demo days and events where you can meet with and talk to potential investors.

RBC Technology Commercialization Program

RBC Logo

The RBC Technology Commercialization Program is a grant program that allows startups and aspiring entrepreneurs to apply for seed capital to conduct market validation and prototyping of their product.

The grant program is divided into three rounds, where incremental funding will be granted to applicants as they develop their business.

The grant funding is available to all UNB students who are trying to develop a product or service in the hope of starting their own business. A total of up to $10,000 is available to each individual or team throughout the three phases.

Individuals and teams must submit an application and present their business idea to the RBC TCP Committee.

Apply now

Merit Travel Support Fund

With the support of Merit Travel, the Merit Travel TME innovation support fund was created to help TME students in their pursuit of entrepreneurial knowledge and experience.

It helps cover the cost of travels to allow students to:

  • Pursue investment opportunities
  • Meet entrepreneurs or business leaders for mentoring
  • Pitch your business idea at a pitch competition
  • Compete in a technology oriented business plan or case completion

Students who receive funding are expected to act as brand ambassadors for the J Herbert Smith Centre for Technology Management & Entrepreneurship and for the University of New Brunswick.

Apply now