Özge Yeloğlu Named Propel Chair

Virtual startup accelerator Propel has a new Chair, CIBC executive Özge Yeloğlu, along with three new board members.

Yeloğlu, who is now CIBC’s Vice President of Advanced Analytics and AI, previously held senior roles at Microsoft and is a Founding Partner of Atlantic Canadian female-focused venture capital shop Sandpiper Ventures. She replaces outgoing Chair Jeff White, CEO of the New Brunswick

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Remote Operations Hub Opens in NL

Newfoundland and Labrador has a new government- and industry-backed innovation hub focused specifically on remote operations, meaning technology controlled from a different location.

In an interview, Co. Innovation Centre President Meagan Kay-Fowlow, who will run the industry hub on behalf of techNL, said she expects that her team will work with a range of industries, ranging from energy to

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Supercluster Seeks Indigenous Board Member

Canada’s Ocean Supercluster, the federal government organization that partners with the private sector to fund bluetech research and development, is looking for an Indigenous board member with expertise in the ocean economy, starting in May.

“The (Ocean Supercluster), with its network of ocean networks across the country is focused on driving Ambition 2035, a 5X growth objective for the ocean

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SayFaya Finds Early Traction

Halifax entrepreneur Hussain Abdullah believes he has found a gap in the car detailing market for a low cost, mobile offering and is building out his operation quickly on the back of a positive response from early clients.

Hussain is the Founder of SayFaya, an online platform that lets users book car detailing appointments, either with cleaners hired as subcontractors by the company, or

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Spark Contest Seeks N.S. Business Ideas

The 2024 Spark Nova Scotia competition is open and seeking people with innovative business ideas to vie for up to $50,000 in startup funding. 

Training sessions start April 30 and run throughout May. They are open to people with a business idea for an innovative product or service. After training, entrants will have until May 24 to apply for the competition.  A total of $90,000 is available

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Tuckamore Tech Wins Genesis Pitch Competition

Tuckamore Tech, which is developing augmented reality technology for firefighters, placed first at Newfoundland and Labrador startup hub Genesis’ Evolution Pitch Showcase this week.

Founded by mechanical engineering student Tyler Yard, Tuckamore aims to let firefighters view a thermal camera feed via a heads-up display, creating a hands-free version of a type of device already used by

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Lab2Market Oceans—Discover Launched

The Ocean Startup Project, along with Dal Innovates and the Transforming Climate Action research program are launching a new opportunity for researchers at Canadian universities called Lab2Market Oceans -- Discover. 

The three-day program will help researchers explore their ideas to identify how to create more value and impact with their research through potential commercial or collaborative

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Risley’s Project Nujio’qonik Wins Environmental Nod

John Risley’s World Energy GH2 has won the long sought-after environmental approval it needs to move ahead with a massive, 328-turbine wind energy and hydrogen production facility near St. George’s Bay, Newfoundland and Labrador.

The Newfoundland and Labrador government on Tuesday gave its approval for GH2’s Project Nujio’qonik. Last fall, the province had delayed granting its sign-off, instead

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US Company Agrees To Buy Appili

Halifax-based drug discovery company Appili Therapeutics has agreed to be acquired by Richmond, Virginia-based Aditxt for C$16.8 million in cash, stock and assumed debt, though the acquirer has to raise US$20 million to close the deal.

Last week, the two companies jointly announced the sale agreement, which is denominated in U.S. dollars and will pay Appili investors 4.7 US cents in cash plus

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