NS Boosts Equity Tax Credit Limit

Nova Scotia has quintupled the size of its equity tax credits for people investing in young, innovative companies, and signaled that more changes are on the way.

The provincial government announced Friday that its new Innovation Equity Tax Credit will apply to investments in approved companies of up to $250,000, up from $50,000. Investors will receive a credit equal to 35 percent of their

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Funding Spike Led to Higher Sales in NL Startups

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There’s one big lesson from the most recent analysis of our data from Newfoundland and Labrador.

Funding is important.

There’s nothing startling in that statement, but as we look back on our data presentations from 2018, the highlight was the clear correlation between funding and company performance in Canada’s most easterly province.

Our 2017 data shows that equity

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Envenio Exits, Purchased by Juul

Fredericton-based Envenio, whose technology assists in the understanding of fluid dynamics, has quietly exited, being taken over by San Francisco electronic cigarette company Juul.

Neither Envenio nor Juul has put out a public statement on the deal and no one from the New Brunswick company is talking. However, Monica Schnitger, head of Massachusetts engineering software consultancy Schnitger

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CarShare Atlantic’s Cooley Steps Down

It was a bittersweet birthday for CarShare Atlantic as the Halifax company celebrated its 10th anniversary last month. The company’s co-founder and CEO, Pam Cooley, announced that she will step down from the position in February.

CarShare Atlantic is Halifax’s first and only car-sharing network. Its members share a fleet of vehicles which can be booked any time via web, mobile app or through a

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