A trio of student teams from the University of New Brunswick’s Master of Technology Management and Entrepreneurship or MTME, program pitched their startup ideas Friday.

The pitches were part of MTME: NEXT, their degree’s concluding demo day. The top team, Ounje Bazaar, won a $1,000 cash prize.

The Fredericton university’s MTME program, managed under the umbrella of its J. Herbert Smith Centre,

Innovacorp has announced that applications are open for its five sector-specific Innovacorp Accelerate streams as well as the GreenShoots program, which is aimed at early-stage agritech or bioeconomy companies.

Each stream offers grants of up to $40,000 and expertise to Nova Scotia startups that hit milestones on the path to investment-readiness.

The following Accelerate streams are offered 100

Two East Coast medtech entrepreneurs claimed the top prizes in the Canadian edition of the Global Student Entrepreneur Awards, or GSEA, and will now proceed to the international finals.

David Hodgson, CEO and Co-Founder of Halifax-based Hollo Medical, won the $50,000 first prize. Bronwyn Bridges, Co-Founder and CEO of St. John’s-based PragmaClin Research, claimed the second prize, which is worth

Chinova Bioworks, a Fredericton-based company that uses mushrooms to make food preservatives and other ingredients, has raised a $6 million Series A funding round.

The company plans to use the money to expand its Prince Edward Island production facility, which will formally open this summer, as well as staff up and launch new products.

The round was led by DSM Venturing, the venture capital arm

The University of New Brunswick held a demo day Wednesday for its Summer Institute accelerator, its first in-person pitch event since the pandemic, with six companies presenting.

Most startup accelerators teach lean methodology to innovation-driven businesses. The Summer Institute takes a different tack by seeking to back companies with positive social and environmental impacts. Its programming

Halifax’s Milk Moovement, which makes supply chain management software for the dairy industry, has raised a US$20 million or C$26 million round of Series A funding as it looks to expand its product development team.

The round, led by San Francisco-based specialist venture capital firm VMG Catalyst, is one of the largest funding raises so far this year in Atlantic Canada, topped only by deals

Moncton’s Soricimed Biopharma has raised a $200,000 follow-on investment from the New Brunswick Innovation Foundation as it continues research and development work on its treatment for pancreatic cancer.

NBIF previously invested $175,000 in Soricimed in 2020, and in a press release said the prospective drugmaker has raised a combined $26 million of equity and non-dilutive financing since it

St. John's-based medtech startup BreatheSuite has announced the Atlantic Canadian launch of its product for asthma and chronic obstructive pulmonary disorder, or COPD, patients, and sweetening the offering with one-on-one coaching.

CEO Brett Vokey, whose company makes hardware and software that helps people use inhalers more effectively, said in an interview the East Coast is the first stage of

The Junction, a new downtown 16,000 square-foot innovation centre in Moncton, has been opened by startup hub Venn Innovation, which describes it as the largest tech-focused facility of its kind in New Brunswick.

“Today, we are opening a place where the tech sector, from startups to global market leaders, can come together to meet, network, learn and share. This is a place to build what’s next,”

Canada’s Ocean Supercluster is launching a mentorship program aimed at helping underrepresented groups find employment opportunities in the ocean economy.

The Supercluster, whose five-year mandate ends next year, is best known for funding partnerships on oceans-related research and development projects, though it also supports ecosystem projects aimed at improving the sustainablity and diversity