Innovacorp has awarded a total of $725,000 to 17 different companies under its Accelerate Program and Start-Up Yard Cohorts.

The Nova Scotia Crown corporation last week revealed the winners of the two programs, which provide non-dilutive funding, incubation space and mentoring to young MedTech, OceanTech and CleanTech companies. The members of the Startup Yard cohorts will also get space at the new Centre for Ocean Ventures and Entrepreneurship, or COVE, on the Dartmouth waterfront.

The federal government contributed $500,000 towards the programs through ACOA’s Business Development Program. The provincial government pitched in with the same amount through Innovacorp’s existing budget.

Innovacorp Accelerate Program

The following are the Accelerate Program winners, which receive $50,000 or more each, as well as business guidance and access to incubation space at Innovacorp’s facilities. An Innovacorp spokeswoman said the total given out through the program is $450,000.

MedTech Stream

Eadie Technologies – Brennan Eadie, Frank Eadie – Halifax

Wearable visual field testing device for eye clinics

ColourSmith Labs – Gabrielle Masone – Halifax 

Direct-to-consumer contact lenses reducing red-green colour blindness and saturating colours

Reach Orthopaedics – David Johnston, Andrew Trenholm – Halifax

Orthopaedic shoulder implant to correct joint imbalance of a rotator cuff tear and lessen the risk of progressive osteoarthritis

Talem Health Analytics – Paul Travis – Sydney 

Software for physiotherapists and orthopedic specialists to track, analyze and predict treatment regimens

ColourSmith and Talem Were Runners-Up at the Recent BioInnovation Challenge

Blue/Green Stream (OceanTech and CleanTech)

DeNova – Brianna Stratton, Talia Boates – Halifax

Sustainable source of protein for fish feed and animal food

FoodByte – Douglas Armour, Matthew Winchester – Windsor

Technology to guide food processors through development of food safety plans to meet regulatory requirements and reduce recalls

Sedna Technologies – Sheamus MacDonald, Aleksandr Stabenow – Halifax 

Traceability system for the seafood industry to reduce waste and mortality

Acoubit Communications – Colin Ross, Tejinder Sandhu – Dartmouth 

Acoustic data communications technology for ocean management and monitoring

Startup Yard

The following companies were accepted into one of the two Startup Yard cohorts in the current year, and will receive $25,000 each, as well as mentoring and incubation space. Acclerate winners Sedna and Acoubit have also been accepted into the first Startup Yard Cohort.

First Cohort

Ashored Innovations – Aaron Stevenson, Maxwell Poole, Ross Arsenault 

Buoy systems to protect endangered marine life and collect data to increase fisher efficiency

BlueNode – Louis Beaubien, Grant Wells, Mike Smit – Halifax

Technology to improve supply chain efficiency in the ocean sector

Marecomms – Ulaş Güntürkün – Halifax

Underwater communications system to deliver information using data collected in the ocean

Maritime bioLoggers – Franziska Broell, Andre Bezanson – Halifax 

Tagging device to track and monitor marine life movement

Second Cohort

Marimetrics Technologies – Chris L’Esperance – Halifax

Trace gas analyzer for measuring chemical compounds in the ocean

SeaVision – Hossein Salimian, Mathew Zimola, Thomas Trappenberg – Halifax

Technology that analyzes live video from aquaculture cages to help calculate fish biomass, health and behaviours in real-time

The Lobster Trap Company – Scott Dauphinee – Yarmouth 

Lobster trap designed to survive the Atlantic Ocean’s harsh conditions

Prosaris Solutions – Colin Sewell – Halifax

Device that records airborne and contact ultrasonic signals into a mobile phone for real-time analysis

Wittaya Aqua International – Evan Hall – Halifax-Toronto 

Production management platform that increases efficiency through aggregation and analysis of data from aquaculture operations

Disclosure: Innovacorp is a client of Entrevestor.