Pitch & Pick Coming Dec. 13

Six teams will vie for a $2,000 first prize at Newfoundland and Labrador startup hub Genesis’s next Pitch & Pick competition, the culmination of its eight-week Evolution accelerator, on Dec. 13.

There will also be a $1,000 second prize and a $500 Community Choice Award. 

The Pitch & Pick events are held three times a year at the end of Evolution’s three annual cohorts. The last winner was

Continue Reading

Gazpek Plans Subsea Data Centres

Kyle Burton, a blue economy veteran with experience working for multiple startup support organizations, is launching his own company to build subsea computer data centres.

Gazpek, as Burton dubs his ambitious new business, hopes to place server hardware on the seafloor. The strategy could radically cut down on the costs associated with building and operating data centres.

Burton brings

Continue Reading

Katie Davey Named Pond-Deshpande Executive Director

The University of New Brunswick’s Pond-Deshpande Centre, or PDC, has named Katie Davey, a former executive at Ottawa-based think tank Public Policy Forum, as its new executive director.

Davey holds a political science degree from UNB and a Master of Applied Politics degree from Wilfrid Laurier University that she earned in 2020. She worked at Public Policy Forum for three years, during which

Continue Reading

Tidal Backs TheProgram.ai

Tidal Venture Partners, the recently created pre-seed- and seed-stage venture capital fund based in Halifax, has announced one of its first investments: TheProgram.ai.

Founded earlier this year and also headquartered in Halifax, TheProgram.ai is a white label app for sports organizations to distribute sports-related augmented reality content to primary school-aged children. Sports groups can

Continue Reading

VC Evolves in Atlantic Canada

An extraordinary panel discussion took place at the InnovateNB event in Saint John on Tuesday -- extaordinary because it showed how the venture capital community in Atlantic Canada is changing.

The New Brunswick Innovation Foundation hosted a session called “Meet the Investors”, featuring a bunch of venture capital investors. What was novel about the panelists is that they were not established

Continue Reading

Pond Named to InnovateNB Hall of Fame

Gerry Pond, often hailed as the dean of the Atlantic Canadian startup community, has been recognized as the first inductee into the InnovateNB Hall of Fame.

The New Brunswick innovation community hosted its first InnovateNB event on Tuesday, featuring a series of workshops throughout the day and concluding with the InnovateNB Awards ceremony. Nine individuals and organizations won awards in

Continue Reading

NBIF Unveils $20M VC Strategy

The New Brunswick Innovation Foundation has unveiled a $20 million venture capital initiative to increase the amount of money available to scaling companies.

CEO Jeff White made the announcement during the InnovateNB Awards ceremony on Tuesday evening, saying it will help companies grow and produce benefits for the entire province.

He said the new strategy will be implemented over 10 years and

Continue Reading

Startup Hiring Slows: Hankinson

As global venture capital markets continue their rapid contraction, the labour market for Atlantic Canadian startups could be facing a sea change.

Data from Halifax early-stage VC fund Concrete Ventures shows that for the first time since General Partner Patrick Hankinson began keeping records, net job creation among the region’s innovation-driven companies fell to almost zero in the third

Continue Reading

NATO-Backed Tech Accelerator Proposed for Halifax

The federal government is proposing to make Halifax home to the North American headquarters of NATO's new Defence Innovation Accelerator for the North Atlantic, or DIANA.

Created by the North Atlantic Treaty Organization , DIANA is meant to promote cooperation between the defence sector and the startup economy. Instead of focusing on military technology, it will work with companies in spaces

Continue Reading