recent news
Fueling Female Founders Finalists Announced
Fredericton-based New Brunswick Innovation Foundation (NBIF) has revealed the five female-led companies selected as finalists for the Fueling Female Founders Pitch Competition:
NBIF is hosting the second annual Fueling Female Founders Pitch
TechConnect Southeast Launching
An initiative designed to support newcomers and individuals facing barriers to employment in the tech sector is being launched by Moncton-based Venn Innovation and the McKenna Institute at University of New Brunswick.
TechConnect Southeast is
Profitual Closes $1M Round
Profitual, the Fredericton startup whose AI models help other startups master their financial projections, has closed a $1 million round of funding led by the New Brunswick Innovation Foundation.
Two-and-a-half years after its initial $1 million
Spark Nova Scotia Finalists Named
Spark Nova Scotia has announced this year’s finalists. The contest for rural and coastal high-potential, knowledge-based businesses is run in three regions — Cape Breton, North, and Southwest — and offers winners up to $50,000. Each geographical
Angler Solutions Wins $50K Clean Energy Challenge
St. John’s-based Angler Solutions is the winner of the Clean Energy Infrastructure Optimization Challenge for its MESO (Model for Energy Systems Optimization), a software tool that integrates advanced geographic information system (GIS) mapping,
Solace, Innerlogic Pitched at NACO
Two of the 20 companies selected as Canada’s Top 20 Moonshot Ventures by NACO Canada hailed from Atlantic Canada – Mount Pearl, NL-based Solace Power and Halifax-based innerlogic.
When NACO – the National Angel Capital Organization – held its
NBIF Plans Growth-Stage Fund
The New Brunswick Innovation Foundation has fleshed out the strategy it outlined three years ago to develop an integrated ecosystem for launching and financing startups in the province.
At the New Brunswick Startup Outlook in Fredericton on
Sustane and Pyrovac Tackle Waste Plastic
Chester, N.S.-based Sustane Technologies and Quebec-based Pyrovac have begun a long-term, strategic alliance that grants Sustane exclusive access to Pyrovac’s advanced reactor and related technology for waste plastic processing.
Sustane pioneers
Ocean Startup Challenge Seeks Founders
The Ocean Startup Project has launched its latest Ocean Startup Challenge, inviting early-stage entrepreneurs to turn ideas into real-world impact by developing innovative solutions to ocean challenges.
The 2025 Challenge will support up to 15
Data Report Reveals Challenging Environment for Startups
While the best startups in Atlantic Canada performed well in 2024, the region’s startup community overall witnessed declining numbers of companies and employees and a disturbing drop in early-stage funding.
These are the key findings of the 2024
CropMind Closes $500K Round
New Brunswick agtech company CropMind has closed a $500,000 funding round, led by the New Brunswick Innovation Foundation and BKR Capital.
CropMind was co-founded by Damilare O. Odumosu and Rilwan Shokunbi, both of whom are graduates of the Masters
Atlantiq AI Receives Funds to Boost Software
St. John’s-based atlantiq AI has received a grant of $64,425 from Newfoundland and Labrador's Business Growth Program in support of its Jarbiz software.
Jarbiz is an AI-powered copilot for enterprise-use cases. The software helps workers tackle