PEI BioAlliance is seeking a new CEO after long-time leader Rory Francis announced his retirement.

Founded in 2005, the PEI BioAlliance supports a bioscience cluster on the island of more than 60 companies with an annual combined revenue of over $600 million, which is expected to grow to $1 billion of revenue in 2030, the group said in a statement.

Francis has spent the last twenty years

Angel investment in Canada fell dramatically in 2023 for the second straight year, threatening the country’s economic vitality, says a new report from the National Angel Capital Organization, or NACO. The report also found angel investment falling in Atlantic Canada, though not as much as the country overall.

The Annual Report on Angel Investing in Canada said the investment channeled through

When the New Brunswick innovation community celebrated its annual InnovateNB awards recently, there was only one company that took home multiple awards – Fredericton-based Anessa.

The company’s Chief Technology Officer and Co-Founder Dr. Farough Motasemi won the Emerging Innovator Award, and the company itself walked away with the prize for the Most Innovative Product or

Regional virtual accelerator Propel has announced the addition of two notable tech leaders to their coaching team: Rachel Cox of Halifax and Steph Burry of St. John’s.

Propel offers programming and coaching for pre-revenue and revenue-generating companies. Last year the program celebrated its 20th year. In that time, it has helped more than one thousand startups validate product/market fit, find

Life Sciences Nova Scotia has appointed Krista Bezanson, a seasoned leader in economic development and business growth, as VP Business Development and Strategy.

Bezanson will be taking a leave of absence from her position with the Atlantic Canada Opportunities Agency to bring her experience and expertise to the industry association as the organization works to strengthen Nova Scotia’s growing

Participants in the Evolution accelerator run by St. John’s innovation hub Genesis have marked their graduation with a prize-allocating pitching session.

Evolution is Genesis’ pre-incubator, a 10-week program designed for early-stage technology startups. It is for startups that are technology-based, have identified a problem and need to validate their solution, have less than $1 million in

Energia Ventures, a three-month intensive accelerator for entrepreneurs with an innovative business in the energy, smart grid, clean tech, and cybersecurity sectors, is holding its Demo Day next week.

Energia, which is based in Fredericton at UNB’s J. Herbert Smith Centre for Technology Management and Entrepreneurship, holds two virtual cohorts per year.

The program is in its seventh year of

A student engagement platform designed to help address student loneliness within universities has won the recent Arthur L. Irving Entrepreneurship Centre’s second annual Innovation Cup at Saint Mary's University in Halifax.

The platform, called Sociable, helps students connect with each other, get peer support, and gain access to campus events, contest organizers said in a press release. A

Fredericton-based SmartSkin Technologies has received the award for Best Manufacturing/Processing Innovation at the World Beverage Innovation Awards for 2024.

The award was presented last week by FoodBev Media in Germany at BrauBeviale, the trade event that spotlights the global beverage market.

SmartSkin Technologies, led by CTO Kumaran Thillainadarajah and CEO Evan Justason, uses industrial

Halifax-based Tribe Network, the region’s support hub for BIPOC founders, is offering entrepreneurs a Consulting Advisory Services Grant (CAS).

The grant supports Black-owned businesses in Atlantic Canada by providing access to expertise that helps them grow, acquire customers, and scale, the group said in a statement.

The grant offers eligible Black entrepreneurs and businesses the opportunity