Several startup organizations have come together to generate a major Atlantic Canadian presence at Startupfest in Montreal this summer and are branding the initiative Startup Atlantic.

In particular, the organizers are hoping business accelerators

Fredericton’s PLATO Testing, an Indigenous information technology services and training company, has raised $2 million from Vancouver-based Raven Indigenous Capital Partners and plans to roughly double its staff over the next year.

The deal is a

TechImpact, a New Brunswick industry group for information technology, is at the forefront of a private sector movement in the province to help resettle and employ knowledge workers displaced by the war in Ukraine.

The organization has created a

Canada’s Ocean Supercluster said Tuesday it will spend $750,000 on a program to help Indigenous people transition to careers in the ocean economy, topped off with another $250,000 from the Vancouver-based Clear Seas Centre for Responsible Marine

Atlantic Canadian startups booked a solid $64 million worth of capital raises in the first quarter of 2022, according to data released Tuesday by the Canadian Venture Capital and Private Equity Association.

It was the best fundraising quarter since