3 Charts That Kill the No-Funding Myth

An investor contacted me recently to take issue with a perpetual bee in the Atlantic Canadian bonnet — the perma-complaint that there’s no funding available to startups in the region.

I’ve heard it for years. So has this investor. As a result, he dove into the data in CrunchBase, the American databank affiliated with TechCrunch that has information on startup investments from around the world.

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Lockheed, MTI Sign $5.6M Solar Deal

Metamaterial Technologies Inc. of Halifax has signed a $5.6 million agreement with aerospace giant Lockheed Martin to develop materials that enhance solar power and can be used on aircraft.

MTI issued a statement on Thursday saying that the partners will work on the development of metaSOLAR, which incorporates advanced, lightweight materials, suitable for flights.

MTI is dedicated to producing

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McCain Institute Names 28 to ELP

After an intense two-day process called "The Choosing," the Wallace McCain Institute, at the University of New Brunswick, has named the 10th cohort of its Entrepreneurial Leaders Program, ELP.

The institute said in a statement this group of 28 entrepreneurs has a collective economic footprint of $63 million in revenue and 550 employees across the Greater Atlantic Area. With 419 nominations this

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Lazaridis Program Seeks 2nd Cohort

The Lazaridis Scale-Up Program, a pan-Canadian program that helps growth-stage companies expand globally, will hold an information session on Tuesday in Halifax about its second cohort.

The program gives 10 companies the opportunity to fast-track their growth by working with experienced mentors and experts from around the world. It focuses on meeting the need for more globally competitive

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Best Showing Yet in Branham300

In the region’s best showing ever, eight Atlantic Canadian companies have been named to the prestigious Branham300 – four in the Top 250, and four in the Up and Coming classification.

Ottawa-based Branham Group today released its Branham300 for 2017. It comprises the top 250 ICT companies in the country, the top 25 international companies operating in Canada, and 25 up and coming companies.

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HeyOrca Unveils $2M Funding Round

HeyOrca has landed $2 million in equity funding, allowing it to ramp up its fast-growing content-planning business.

The St. John’s company that makes collaborative software for marketing agencies announced this morning that it received $2 million in funding from previous investors  Killick Capital and Pelorus Venture Capital. This takes the company’s total equity funding to $2.65 million.

The

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