The three companies were among 27 pitching at Moonshot Ventures, which was a group of innovation-driven companies from across Canada. They were chosen from more than 100 ventures nominated by member organizations of NACO, or the National Angel Capital Organization, which represents more than 4,000 Canadian angel investors.

NACO said the ventures pitching at Moonshot this year had collectively raised more than $190 million.

These two words are likely to play a big role in the strategic review now being carried out by the PEI BioAlliance – the organization that named Ledwell its new CEO last autumn.

Under her predecessor, Rory Francis, the association for the life sciences cluster on the Island boasted several decades of growth. In fact, its 40-plus private-sector members booked $634 million in revenue in 2024 (the most recent figures

Pelorus Founding Partner Chris Moyer was featured Wednesday in the first fireside chat at the National Angel Capital Organization’s annual get-together in Ottawa. Joined by NACO CEO Claudio Rojas, Moyer told how his group grew from a single $14 million fund in 2015 to now being on the verge of closing its third fund, worth $50 million. Its portfolio companies include CoLab

The company, founded by Gregg Curwin, produces nutritional supplements made from freeze-dried micro-greens and operates under the GoMicro brand.

“From the outset, what stood out most [about Petite Riviere Farming] was the team,” said the investment group in a statement.” They are practical, execution-focused, and deeply committed to building something meaningful in Atlantic Canada. That kind of alignment matters –

Labs 4 supports early-stage research commercialization with the aim of strengthening inter-institutional collaboration and helping student founders move closer to market, the group said in a press release.

As the Atlantic Hub for Labs 4, NSCC coordinates a network of post-secondary institutions that support students and recent alumni working at early technology readiness levels, the group said.

In one

Designed to help founders transform ideas into real-world solutions, ideaBUILD supports physical product development. The 10-month program offers founders a $10,000 grant towards prototyping materials, a 12-week bootcamp, and leading industry advisers who work alongside them to validate and build their product’s first operational prototype.

“We’re excited to welcome this talented group of founders into the Emera ideaHUB community for our

The Idea Challenge is the OSP’s entry-level competition, in which novice oceantech entrepreneurs can conduct customer discovery and get an idea of whether their idea could lead to a viable business. Successful teams can graduate to the Ocean Startup Challenge, for teams developing a business.

Participating teams in the Idea Challenge will take part in a “customer discovery sprint”, interact with the OSP team and industry experts, and receive up to $8,000 in funding to

The organization has released its confidential survey – which you can find here – and is asking founders, CEOs and others to take the time to fill it out.

Propel in January welcomed James Geneau as its new CEO, and under his stewardship the organization is assessing how to improve the ecosystem in the region.

“Our goal is simple: to better understand what is working, where the biggest challenges exist, and how Propel can

In a newsletter, the group said it is moving to facilitate a more integrated, collective approach to growth. 

“We’re establishing our home on the 8th floor of 1800 Argyle St, anchoring ourselves at the heart of the innovation ecosystem at Volta,” the group said. “That’s not a coincidence. Being closer to the people and organizations we work alongside, under one roof, in the same hallways …”

Earlier this month, Tribe and rural startup group

NRCan’s funding builds on previous contributions and the program is now expanding in scale, the group said in a statement.

This, the program’s third research call, received 28 submissions, awarding nine projects through two funding streams. Six projects were selected under Stream 1, supporting early-stage concept development with awards of $50,000, and three under Stream 2, supporting