Jeff Lingley

Jeff Lingley is an Investment Analyst at the New Brunswick Innovation Foundation (NBIF), the Fredericton-based non-profit that acts as one of Atlantic Canada's most active early-stage investors. NBIF invests the returns from a provincial research-and-innovation endowment back into New Brunswick startups and R&D, and its investment team sources deals, conducts due diligence, structures rounds, and supports portfolio companies after closing. According to aggregator profiles, Lingley studied at the University of New Brunswick.

Within NBIF's deliberately flat investment team, Lingley is one of two analysts, working alongside analyst/associate colleagues such as Daniel Hoyles and Thomas Bird, under Director of Investment Raymond Fitzpatrick and President & CEO Jeff White. As Fitzpatrick has described the group's structure, "All of us have deal-making authority and then we all work with the companies post-closing" — meaning analysts like Lingley participate both in investment decisions and in ongoing portfolio support rather than sitting purely in a junior support role.

NBIF's investment approval is tiered by deal size: smaller investments can be approved by the CEO, while larger deals go to the full investment committee or Board of Directors. After a round closes, NBIF stays closely engaged — offering accounting help (several of its investment officers are accountants), introductions, assistance preparing follow-on pitches, and frequently taking a board seat. This hands-on, post-investment involvement is a defining feature of the analyst role at NBIF.

Lingley has publicly represented NBIF on deals, most visibly in NBIF's support for a collaboration between the Northern Hardwoods Research Institute (NHRI) and Fredericton-based forestry software company Remsoft, where NBIF contributed $44,200 to accelerate SME adoption of digital forest supply-chain tools.

• Invests at the pre-seed and seed stage in early-stage New Brunswick companies, with the goal of proving commercial viability and then helping startups scale
• Startup Investment Fund: up to ~$200,000 of pre-seed equity to demonstrate a product/idea has commercial potential
• Venture Capital Fund: typically $200,000–$500,000 per round for seed and early growth, made via preferred shares, common shares, or convertible debentures
• Backs companies showing strong innovation, clear market potential, and a capable team; NBIF explicitly funds commercialization and scaling, not stand-alone research
• On the Remsoft/NHRI deal, Lingley stated NBIF's rationale directly: *"We're happy to support the collaboration between NHRI and Remsoft. The Remsoft Operations software will prove valuable to any size organization in the forest industry and our team sees that potential."*
• As a mission-driven provincial investor, NBIF prioritizes companies that build and stay in New Brunswick, reinvesting returns into the local innovation ecosystem