Acts and Regulations

2015, c.2 - Opportunities New Brunswick Act

Full text
Objects and purposes
4The objects and purposes of Opportunities NB are as follows:
(a) to lead and facilitate the execution of high-growth opportunities that will accelerate private sector growth and job creation in New Brunswick through the following:
(i) the identification and pursuit of strategic and viable high-growth opportunities with its clients;
(ii) the promotion of New Brunswick opportunities outside New Brunswick and the development of strategic national and international markets for its clients;
(iii) the delivery of seamless and responsive business development services to its clients in all regions of New Brunswick;
(iv) the identification and development of economic sectors or projects that have a high potential for growth; and
(v) the assessment of opportunities and needs among its clients to support business productivity, growth, capacity, long-term sustainability and retention;
(b) to provide assistance and facilitate access to Government of New Brunswick assets and services to support the opportunities referred to in paragraph (a) for its clients, including, but not limited to, the following services:
(i) financial assistance;
(ii) attraction of foreign direct investment;
(iii) policy development and support;
(iv) export and market development;
(v) supply chain development; and
(vi) access to or provision of training and development;
(c) to prudently manage its portfolio of investments; and
(d) to carry out any other activities or duties that the Lieutenant-Governor in Council directs.
Objects and purposes
4The objects and purposes of Opportunities NB are as follows:
(a) to lead and facilitate the execution of high-growth opportunities that will accelerate private sector growth and job creation in New Brunswick through the following:
(i) the identification and pursuit of strategic and viable high-growth opportunities with its clients;
(ii) the promotion of New Brunswick opportunities outside New Brunswick and the development of strategic national and international markets for its clients;
(iii) the delivery of seamless and responsive business development services to its clients in all regions of New Brunswick;
(iv) the identification and development of economic sectors or projects that have a high potential for growth; and
(v) the assessment of opportunities and needs among its clients to support business productivity, growth, capacity, long-term sustainability and retention;
(b) to provide assistance and facilitate access to Government of New Brunswick assets and services to support the opportunities referred to in paragraph (a) for its clients, including, but not limited to, the following services:
(i) financial assistance;
(ii) attraction of foreign direct investment;
(iii) policy development and support;
(iv) export and market development;
(v) supply chain development; and
(vi) access to or provision of training and development;
(c) to prudently manage its portfolio of investments; and
(d) to carry out any other activities or duties that the Lieutenant-Governor in Council directs.