Atlantic Canada Opportunities Agency has approved a $745,000 loan to Dartmouth-based Site 20/20 to help the traffic-control technology company expand its operations and increase production capacity.

The funding, announced Monday, will support the company as it accelerates product development, reduces costs, improves service delivery and expands into new markets.

Site 20/20 plans to retrofit a

Nova Scotia medtech startup Elle, MD Technologies has raised C$1.1 million in an oversubscribed pre-seed financing round to support the first human clinical trial of its non-hormonal contraceptive device.

The New Minas-based company said the funding will allow it to begin its First-in-Human clinical trial of Livv at The Ottawa Hospital.

Livv is a non-hormonal vaginal contraceptive ring designed

The University of New Brunswick has launched the UNB Network for Entrepreneurship and Innovation, a new initiative that brings together the university's entrepreneurship programs and organizations within a single network.

In a message to partners, Acting President and Vice-Chancellor Kathy Wilson said the Network will serve as a central hub for UNB's entrepreneurial assets, with the goal of

Propel, Atlantic Canada's technology accelerator, has appointed Kumaran Thillainadarajah and Dr. Jason Cleaversmith to its board of directors, adding two technology-sector leaders with experience in scaling companies and supporting entrepreneurs.

Thillainadarajah is co-founder and chief technology officer of Smart Skin Technologies, a Fredericton company that previously participated in Propel's

St. John's-based SiftMed has raised a new round of financing led by Staircase Ventures of Toronto, bringing the company's total funding to more than $10 million as it expands its artificial intelligence platform for medical claims.

Existing investors Pelorus VC and a group of Verafin founders also participated in the round, the company said. SiftMed did not disclose the amount of the latest

The Youth Impact Challenge is accepting applications for its 2026 Summer Innovation Challenge, offering funding and mentorship to young Canadians developing projects with social or environmental impact.

The organization is hoping more young Atlantic Canadian entrepreneurs will apply by the deadline at end-of-day on Monday, July 20.

The virtual program is open to teams of at least three founders

Saint John-based MedReddie has signed a strategic partnership with Health Proc Europe Association, an organization representing healthcare procurement professionals serving about 5,000 hospitals in 30 European countries.

Under the agreement, Health Proc Europe will deploy MedReddie's artificial intelligence procurement platform across its Communities of Practice, using the technology to help

On Friday, we began collecting tributes to the late Gerry Pond, the investor and former Chair of Mariner Partners, with the hopes of presenting them on a single page.

There has been an outpouring of personal remembrances of Pond on social media – far too many for us to collate. So here is a selection of just a few of the tributes:

Susan Holt

Premier of New Brunswick

Gerry Pond was a pioneer

I first saw Gerry Pond in action on Feb. 19, 2015, at a post-secondary education conference hosted by the Association of Atlantic Universities.

I’d met Gerry before. In fact, I was lucky enough to chat with him often over the last fifteen years, and was one of the legion of friends and admirers saddened last week to learn he had died at the age of 82. His impact was felt more in the Maritime

Three Atlantic Canadian startups walked away with $325,000 – more than one-third of the prize money on offer – at Startupfest in Montreal last week.

AgroGene Solutions of Moncton, Finleaf Technologies of Brooklyn, NS, and 3dBioFibR of Halifax all captured six-figure prizes at the annual tech and entrepreneurship festival. The three-day event, which attracts startups from across Canada and