VC Evolves in Atlantic Canada

An extraordinary panel discussion took place at the InnovateNB event in Saint John on Tuesday -- extaordinary because it showed how the venture capital community in Atlantic Canada is changing.

The New Brunswick Innovation Foundation hosted a session called “Meet the Investors”, featuring a bunch of venture capital investors. What was novel about the panelists is that they were not established

Continue Reading

Pond Named to InnovateNB Hall of Fame

Gerry Pond, often hailed as the dean of the Atlantic Canadian startup community, has been recognized as the first inductee into the InnovateNB Hall of Fame.

The New Brunswick innovation community hosted its first InnovateNB event on Tuesday, featuring a series of workshops throughout the day and concluding with the InnovateNB Awards ceremony. Nine individuals and organizations won awards in

Continue Reading

NBIF Unveils $20M VC Strategy

The New Brunswick Innovation Foundation has unveiled a $20 million venture capital initiative to increase the amount of money available to scaling companies.

CEO Jeff White made the announcement during the InnovateNB Awards ceremony on Tuesday evening, saying it will help companies grow and produce benefits for the entire province.

He said the new strategy will be implemented over 10 years and

Continue Reading

Startup Hiring Slows: Hankinson

As global venture capital markets continue their rapid contraction, the labour market for Atlantic Canadian startups could be facing a sea change.

Data from Halifax early-stage VC fund Concrete Ventures shows that for the first time since General Partner Patrick Hankinson began keeping records, net job creation among the region’s innovation-driven companies fell to almost zero in the third

Continue Reading

NATO-Backed Tech Accelerator Proposed for Halifax

The federal government is proposing to make Halifax home to the North American headquarters of NATO's new Defence Innovation Accelerator for the North Atlantic, or DIANA.

Created by the North Atlantic Treaty Organization , DIANA is meant to promote cooperation between the defence sector and the startup economy. Instead of focusing on military technology, it will work with companies in spaces

Continue Reading

Eight Honoured with Digital NS Awards

Digital Nova Scotia on Thursday presented its Tech Forward Awards to individuals and organizations in eight categories, to recognize innovation, entrepreneurship and diversity in the tech industry.

The IT industry association for Nova Scotia for the past several years has presented awards that recognize not just excellence in the IT sector, but also members of the industry who champion diversity

Continue Reading

Shortlist for InnovateNB Awards Released

The organizers of the first InnovateNB Awards, which will be handed out at a gala in Saint John on Tuesday, have announced the shortlist.

The shortlist features three finalists in each of eight categories, which include such fields as diversity and inclusion and most innovative startup. In addition to these categories, the winners of the Premier’s Award for Innovation and the Hall of Fame will

Continue Reading

PhotoDynamic Begins “Controlled Launch”

Halifax dental technology startup PhotoDynamic has hired a new CEO to steer the company through the commercialization process.

Ying Tam, whose last job was as managing director of health at Toronto startup hub MaRS Discovery District, succeeds Martin Greenwood.

Tam’s first major initiative is to take PhotoDynamic’s flagship product, PhytoLight, to market in what he describes as a “controlled

Continue Reading

Deloitte Recognizes Symbodi, Milk Moovement

Fredericton’s Symbodi and Halifax’s Milk Moovement were named to Deloitte Canada’s 2022 Companies To Watch list, after reporting revenue growth of 3,084 percent and 246 percent respectively over the past three years.

The global services company named St. John's-based Mysa Smart Thermostat to its Clean Technology list after the company posted revenue growth of 307 percent over four years.

Continue Reading