The federal government has given a grant of $475,685 to Venn Innovation to support its Venn Garage incubator.

The Atlantic Canada Opportunities Agency issued a statement Wednesday announcing the grant, which was made through the Regional Economic Growth through Innovation program. Carolyn Bennett, the federal Minister of Crown-Indigenous Relations, announced the contribution at a reception at

St. John’s-based Sequence Bio has launched its NL Genome Project, which will collect genetic samples from 2,500 Newfoundlanders with the goal of improving the development of new drugs.

The company has spent five years preparing to launch the project, and has just received the green light from the Newfoundland and Labrador Health Research Ethics Authority.

Sequence will now spend eight months

Rimot, a Dartmouth company whose technology monitors remote infrastructure,  has closed an equity financing round of $1.2 million, which it will use to help accelerate sales in Canada and the U.S.

The company issued a press release Wednesday saying it has received $700,000 from angel investors (including some it met through the Creative Destruction Lab-Atlantic) and $500,000 from Innovacorp.

Propel has struck partnerships with Leanstack and GrowthX, which will provide curricula to be used in the Atlantic Canadian IT accelerator’s programing.

Leanstack is a business model platform created by Ash Maurya, one of the creators of the lean canvas, and it combines the lean canvas and traction model to make projections of a company’s success rate over three years.

 GrowthX is a Silicon

Aiming to revolutionize the 911 emergency call market, Halifax-based Eli Technologies is in discussions with three countries and some of the world’s largest companies about the release of its platform in the next nine months.

The company has developed technology that allows emergency responders to pinpoint the origin of a 911 call sent on a cell phone, allowing first responders to know exactly

Optical technology company Coloursmith Labs has a new home.

On Thursday, the developer of specialized contact lens filters held an opening ceremony for its new headquarters in The Labs at Innovacorp—a facility on the edge of the Dalhousie University campus that provides laboratory space to life science startups.

The opening of the new location comes on the heels of a $600,000 fundraising round

Our Job of the Week column today showcases the opening for a Venture Manager at the Creative Destruction Lab-Atlantic in Halifax.

CDL-Atlantic is an accelerator that brings startups from the region and elsewhere together with some of Atlantic Canada’s most successful business people, who act as mentors and investors. It is part of the CDL organization, which began a few years ago at University

Two pan-regional programs for technology and entrepreneurship – Propel and Brilliant Labs – are receiving a total of about $5 million in funding from federal and provincial governments.

The Atlantic Canada Opportunities Agency said Thursday it would contribute a grant of $2.3 million over three years to Propel, which provides accelerator programs for startups across Atlantic Canada.

ACOA also

Editor's note: This is the second in a two part series on our interview with Francis McGuire.

Francis McGuire draws an analogy with baseball to describe the Atlantic Canadian startup community, saying a lot of young entrepreneurs have hit singles and now they have to progress toward home plate.

In a wide-ranging interview, the President of the Atlantic Canada Opportunities Agency said the

University of New Brunswick on Thursday held its annual summer extravaganza in Fredericton, showcasing the companies graduating from two of its programs, including an all-female cohort at its Summer Institute.

The UNB Technology, Management and Entrepreneurship program began by staging the final pitches by 10 entrepreneurial teams who have completed their Masters in TME. Then, in the evening,