Bloom Funding: Empowering Innovation in New Brunswick

Bloom Funding helps small businesses and nonprofits access the resources they need to grow, scale innovative initiatives, and elevate their social and environmental impact. Through hands-on guidance, Bloom enables organizations to diversify revenue streams, maximize SR&ED refunds, and achieve sustainable growth by aligning business goals with social and environmental responsibility. 

As a proud sponsor of the Innovate NB Celebration and Awards, Bloom is committed to championing innovation across the region. By partnering with this initiative, Bloom aims to foster a culture of growth, recognize groundbreaking achievements, and support the long-term success of New Brunswick’s most promising organizations. 

Driving Impact Across Sectors 

Since 2018, Bloom has secured $16 million in funding for businesses and nonprofits right here in New Brunswick, spanning diverse sectors such as IT, clean energy, life sciences, health, manufacturing, and social innovation. 

Bloom Funding’s impact is not just measured in dollars raised; it’s reflected in the stories of the organizations they’ve helped transform. R.A.P. Technologies, a producer of non-toxic marine products for the global fishing industry, including weighted lobster trap runners, oyster cages, and buoys, credits Bloom for their invaluable expertise. 

“Bloom made the SR&ED process simple and fast,” says Kent Ferguson, Founder of R.A.P. Technologies. “We had tried handling it in-house but weren’t sure how to frame things or what qualified. Bloom asked the right questions, got us a much higher return than expected, and set us on solid ground to grow. I give them my highest recommendation.” 

Through a holistic approach that includes metric-driven outcomes, strategic planning, and alignment with social and environmental goals, Bloom continues to create sustainable pathways for growth across the region. 

Bloom Funding drives innovation in New Brunswick in three key areas 

Securing R&D funding through the SR&ED program: With Bloom, businesses maximize their SR&ED returns to fuel research and development, enabling them to innovate and stay competitive in their respective fields. 

Nonprofit fundraising: With tailored development plans and hands-on guidance, nonprofits raise funds for social initiatives that address critical community needs, ensuring a lasting positive impact. 

Sustainability metrics: Through Bloom’s tracking processes and strategies for improved environmental and social impact, organizations can future-proof their businesses, stand out among competitors, retain top talent, and achieve meaningful results. 

Committed to New Brunswick’s Future 

Bloom’s sponsorship of the Innovate NB Celebration and Awards is part of their ongoing commitment to recognizing and nurturing innovation across the province.  

The Bloom team envisions a thriving future for New Brunswick—one where businesses and nonprofits work hand-in-hand to drive economic growth while upholding social and environmental values. Their mission is to position New Brunswick as a hub for innovation, sustainability, and positive change.