Jeff White On Why Innovative Companies Need Support At The Earliest Stages Of Growth

As part of their ongoing "Insights podcast series on fostering innovation in Atlantic Canada, David Campbell and Don Mills talk with Jeff White, the CEO of the New Brunswick Innovation Foundation (NBIF). White talks about the importance of investing at the earliest stage in the life of an innovation-focused company.These early investments allow the firms to attract other sources of capital and ultimately scale their innovative ideas to national and international markets. White says NBIF has generated an average annual return of 6.6 percent over 18 years on the money it has invested in startup companies. Too bad they are not open to individual investors.The “Insights” podcast combines the experiences of an economist, David Campbell, and a social scientist, Don Mills, to explore the challenges and opportunities facing Atlantic Canada, promote data-driven decision-making among policymakers, and encourage a wider dialogue and debate leading to greater prosperity for the region.This episode of Insights is brought to you by MNP Digital – a firm that guides, protects, and empowers organizations along their digital journey. See how at mnpdigital.ca/atlantic-canada-is-home/