Atlantic Startups Shed Jobs in Q1

The first quarter of 2023 saw a rare downturn in startup jobs on the East Coast, with total employment in the sector dropping to levels comparable to the worst days of the pandemic, according to data from early stage venture capital fund Concrete Ventures.

The Atlantic Canadian startup ecosystem shrank by 521 jobs in the first quarter of 2023, with just 18 percent of startups adding staff and 30

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Launching our 2022 Canadian Oceantech Report

If there was a singular achievement of Canada’s oceantech startup community in 2022, it was that it truly became a national community.

Today, we are releasing our 2022 Canadian Oceantech Data Report, our second analysis of the country’s bluetech startups. We were struck by two things while producing this work. First, the developments in the ecosystem have been astonishing in one year, creating a

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MUN Opens The Launch

Memorial University’s Fisheries and Marine Institute this week officially opened the long-awaited marine research lab The Launch in an oceanside location in Holyrood, about 50 kilometers from St. John’s.

The Launch -- formerly known as the Holyrood Marine Institute -- was first opened in 2010 and experienced multiple phases of development throughout the decade. This new space allows students and

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Propel Receives $1.05M from NS Government

Virtual startup incubator Propel has bagged $1.05 million of funding from the Nova Scotia government over three years, with CEO Kathryn Lockhart saying some of the money will go to expanding the organization’s five-person coaching staff.

She said Propel may also add programming to bridge the gap between its Vision & Validation course for very early-stage founders and its Traction & Growth stream

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Four Atlantic AI Startups to Watch

A surge of new, headline-making artificial intelligence products from global leaders like OpenAI and Google have thrust the field into the public consciousness like never before. End users can now command AI systems vastly more versatile and sophisticated than previous generations of the tech, generating nearly photo-realistic images and lucid, coherent prose.

But Atlantic Canadian innovators

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Digital NS Opens Upskilling Applications

Information technologies industry group Digital Nova Scotia has opened applications across Atlantic Canada for its new, $3.7 million jobs training program, which it announced earlier this year.

Dubbed Skills for Hire Atlantic, the initiative is a federally funded partnership between Digital Nova Scotia and St. John’s professional training company Bluedrop ISM.

This year’s Skills for Hire

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Charcoal Names Mike Cyr COO

Charcoal Marketing has announced that Mike Cyr, long a pillar of the organization, is its new Chief Operating Officer.

Cyr has been an integral part of the Charcoal team for five years. He is a specialist in digital media and played a key role in Charcoal’s addition and adoption of programmatic advertising. He also played an important role in the firm’s transition from project-based to

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Supercluster Seeks Offshore Renewables Projects

Canada's Ocean Supercluster is asking for project proposals related to scalable renewable energy projects.

The Supercluster, which arranges joint funding agreements with private sector consortiums, is particularly interested in backing projects involving collaboration with existing players in the offshore energy industry, as well as cross-border partnerships.

“This call aims to increase the

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