The University of New Brunswick held the virtual demo day Thursday for its Summer Institute accelerator, with five companies pitching.

Most startup accelerators teach lean methodology to innovation-driven businesses. The Summer Institute takes a different tack by seeking to back companies with positive social and environmental impacts.

Eight companies originally enrolled in the 13-week program,

Black female entrepreneurs have particular difficulty accessing funding, although many are highly educated and their ventures are growing, a national survey has found.

The FoundHERs survey, conducted by market research firm Pitch Better Canada, analyzed the investment and financing options for Black female founders. The research found that 59 percent of Black women entrepreneurs hold

IMV, the Dartmouth-based drug discovery company, is planning two Phase 2B trials in the coming months that it hopes will be key steps in bringing its lead compound DPX-Survivac to the market in a few years.

Though its shares have been languishing lately, the company has added key staff members after reporting good results on clinical trials for Survivac in December and is proceeding with further

One of the big changes in the regional innovation ecosystem in the past few years is the growing importance of publicly listed companies.

This month, our reporter Avery Mullen takes a look at the phenomenon in the region’s largest city in an analysis for the Halifax Innovation District.

The article notes the explosion not just in the number of publicly listed companies, especially in the life

Fredericton cybersecurity company Bulletproof has won the Security category in the 2021 global Microsoft Partner of the Year Awards, while Kognitiv Spark, also of Fredericton, was a finalist in two categories.

The companies were honored among a global field of Microsoft partners for developing innovative solutions based on Microsoft technology. 

“There is no shortage of virtual high fives and

The Atlantic Canada Opportunities Agency has lent $93,888 to Halifax-based OceanSync Data Solutions to help the company develop weather data solutions for the shipping industry.

The federal economic development agency issued a press release Friday saying it would lend the company the money through its Regional Economic Growth through Innovation program.

OceanSync will use the funds to test and

Sherbrooke, Que,-based Oneka Technologies has raised $5.5 million in a round of equity and non-dilutive funding led by Nova Scotia venture capital Crown corporation Innovacorp, and plans to establish a base in Atlantic Canada.

Founded in 2015 by mechanical engineer Dragan Tutic, Oneka manufactures wave-powered seawater desalination systems housed inside autonomous buoys. The company started as a

Fredericton Entrepreneurship hub Planet Hatch has bagged $164,000 in federal funding to expand its job training service, the Future of Work Skills Program.

The money will be provided by the federal government’s Future Skills Centre, which was created to retrain workers for the digital economy. Planet Hatch is one of 64 organizations chosen to administer the centre’s new initiative,

When video game technology company Swarmio Media filed a prospectus last month to go public on the Canadian Securities Exchange, it bucked convention by tapping public markets at a much earlier stage than most companies.

Now, CEO Vijai Karthigesu says the move was spurred by a growing appetite for small-cap stocks from Canadian investors and a dearth of Series A venture capital funding.

Swarmio

The PEI BioAlliance has released its 2021-25 Strategic Plan, setting in motion its plan to almost quadruple private sector revenue in the Island’s bioscience cluster to $1 billion within nine years.

Now 16 years old, the BioAlliance is a collaborative organization that harnesses the talents of the private sector, government and academia to develop a thriving bioscience sector on P.E.I.

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