Virtual Startup Weekend Starts Friday

Techstars is organizing a series of global virtual startup weekends to devise solutions to problems created by the COVID-19 crisis, and the Canadian version will be held this weekend.

Titled “Unite to Fight COVID-19”, the event will take place from Friday April 24 to the following Sunday, and feature participants from across Canada.

Startup weekends are usually 54-hour events that take place in

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Survey Indicates Startup Job Losses So Far Have been Limited

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Fewer than one-third of Atlantic Canadian startups have reduced staff since the COVID-19 crisis began, according to a new survey into the impact of the pandemic on the regional technology sector.

The survey, carried out by Entrevestor and Pivotal Coaching, also indicated that only 16 percent of the region’s innovation-driven startups expect to reduce staff from current levels

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Feds Boost IRAP, ACOA Funding

The federal government announced a new wave of funding for businesses on Friday, including a $250 million funding increase for NRC IRAP and almost $1 billion for regional development authorities.

While most business groups have applauded the federal government’s economic response to the COVID-19 crisis, there have been complaints that some companies are ineligible for the programs. It’s been

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MedMira Reveals COVID-19 Antibody Test

Halifax-based MedMira has announced it has finished developing a serological Point-of-Care (POC) testing solution for COVID-19

The test, REVEALCOVID19, delivers immediate results without the need for additional equipment. It can be used with whole blood, serum or plasma and is ideal for batch testing in laboratory settings, thus meeting the needs of users across a broad range of testing

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Last Day To Get Those Surveys In

It’s the last day to get those survey responses in. Founders and CEOs have until 5 pm Friday to complete our eight-question, anonymous questionnaire on how your business is doing during the pandemic.  

Entrevestor and Pivotal Coaching are partnering to conduct the survey, which will show how the Covid-19 crisis is affecting staffing and revenues, and reveal CEOs’ sentiments in coping with the

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Millennia Tea Closes Funding Round

Saint John-based Millennia Tea has closed a seed round that bolsters its ability to meet the growing demand for its tea, which is prepared in a way that preserves nutritional properties.

The company, which declined to reveal the size of the round, said it had received investment from: Charlottetown-based Natural Products Canada; New York-based investment group SOSV, which operates the Food-X

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NBIF Recognizes Research Mentors

The New Brunswick Innovation Foundation has named the province’s top research mentors for 2020, supporting their work with almost $165,000 in prize money.

NBIF had planned to announce the awards as part of its Top 25 Star Mentors luncheon at the biennial R3 event, which was cancelled this month due to the Covid-19 pandemic.

“New Brunswick is home to extraordinary researchers who are dedicating

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Feds Unveil More Support for SMEs

Prime Minister Justin Trudeau has announced new measures to support businesses during the pandemic. They include expanding the Canada Emergency Business Account (CEBA) and initiating a plan to help businesses with rent payments.

In a statement, the federal government said it is expanding CEBA to businesses that paid between $20,000 and $1.5 million in total payroll in 2019.

This new range will

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COVE, Ignite Form Partnership

The Dartmouth-based Centre for Ocean Ventures & Entrepreneurship, or COVE, and rural technology incubator Ignite have signed a memorandum of understanding to assist entrepreneurs and businesses in the “fish tech” sector.

The partnership will deepen sector expertise of capture fisheries and aquaculture by sharing ideas for new technology creation and adoption and pairing, the partners said in a

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Two More Days to Complete Survey

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We’re entering the home stretch of our survey that gauges how Atlantic Canadian startups are faring in the current downturn.

Entrevestor and Pivotal Coaching are partnering to conduct the survey, which will show how the Covid-19 crisis is affecting staffing and revenues, and reveal CEOs’ sentiments in coping with the effects of the crisis.

It’s 100 percent anonymous, and it

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