During the City of Fredericton's 2015 budget process, Ignite Fredericton secured funding to bolster its budget by $290,000 for a total of $515,000 from the City. As well, the Town of Oromocto increased their contribution to $33,000.
With this strategic investment, Ignite was also able to leverage the funding to secure $60,000 through the federal Invest Canada Community Initiatives (ICCI) program to support foreign direct investment efforts.
This puts Fredericton on an improved provincial playing field to cultivate economic growth by helping businesses start, grow and locate, and to support population growth efforts.
Ignite Fredericton is presently rolling out a new model and organizational structure having recently combined operations with Planet Hatch and Knowledge Park. This move has created a lean organization by streamlining operations.
Business Profile Series LuminUltra
Pat Whalen, President & CEO of LuminUltra Technologies, is committed to changing the way people think about bacteria and other micro organisms. With nearly 20 years of experience in the fields of environmental engineering, biotechnology, and information technology, Pat leads LuminUltra, a global leader in the monitoring and control of water microbiology.
Starting in 1995, Pat and his co-founders started working on a new testing protocol to shorten the time to get microbiology results in water samples from days to mere minutes. Today, LuminUltra sells its product in 65+ countries on every continent except Antarctica, and has grown from three founders to 30 staff all housed in Fredericton. The vast majority of its customers are Fortune 500-level companies.
Check out January's Business Profile Series featuring a video on LuminUltra!
Start-up Crash Course Deadline: January 20th
Our sister organization, Planet Hatch, is putting on a Startup Crash Course that will give a select group of committed founders a unique opportunity to take their startup to the next level.
This intense 3 day program is designed to give teams valuable training, tools, and mentorship to get them one step closer to building their startup and potentially gaining access to the Planet Hatch core accelerator program.. VIEW DETAILS
Learn the basics about starting your own business; available business planning tools / funding resources; and accessing free business counselling and support services.
Bi-weekly on Thursdays 12:00-1:00pm 40 Crowther Lane, Knowledge Park-Building 4 (*please bring your lunch) Pre-registration is required / space is limited – contact: firstname.lastname@example.org or 444-4686