At the InnovateNB reception Thursday night, NBIF Chief Executive Jeff White said his agency will provide capital to three groups in Atlantic Canada and three outside the region. The goal of the new

With conflict of interest allegations leading Sustainable Development Technology Canada to temporarily halt new funding anouncements, East Coast cleantech founders are likely to be less affected than those elsewhere in the country because they were not receiving anywhere near as much funding from the federally backed, arms-length foundation to begin with.

SDTC's funding disclosures detail grants

Atlantic Canadian venture capital firm Sandpiper Ventures, which specializes in backing female-owned businesses, is one of five organizations nationally to receive a combined $25 million from the federal government via BDC and Innovation, Science and Economic Development Canada.

Managing partner Rhiannon Davies said in an interview the money will go towards a second fund that Sandpiper is

Economic development agency Halifax Partnership is celebrating receiving four international awards.

They are three gold and one silver 2023 Excellence in Economic Development Awards from the International Economic Development Council (IEDC).

First, Halifax Partnership’s best-in-class economic development strategies and initiatives received a gold award for Economic Development Organization of

Halifax’s KorrAI, which uses artificial intelligence to help assess satellite images of infrastructure and mining sites, has launched a new, free software platform for assessing ground movement in population centres, which can indicate risks like flooding and infrastructure damage.

Dubbed the Open Ground Motion Service — “open” in the context of software meaning freely accessible — the platform

Halifax-based Frenter, which sells asset-management and geofencing software for heavy equipment, is joining the Alberta chapter of Sunnyvale, Calif.-based startup funding group Plug and Play’s accelerator program, batch 4.

Frenter is one of 18 startups joining the fourth cohort of the accelerator’s sustainability stream, which is backed by major industry players like Suncor and Shell Canada.

The University of New Brunswick’s J. Herbert Smith Centre for Technology Management and Entrepreneurship will host its Future of Innovation in Canada conference Oct. 17, exploring the latest trends and talking-points in the innovation economy.

Slated to be held at the Delta Hotel, Fredericton, the conference will run from 9:00 a.m. to 6:30 p.m. It will also feature two keynote speakers: Sam

Online startup accelerator Propel has announced 14 businesses joining the fall cohort of its Traction and Growth accelerator for scaling companies.

Traction and Growth is meant for startups with more developed operations than those in Propel’s earlier-stage Vision and Validation program. To be eligible, entrepreneurs must have monthly revenue and be working on their business full time.

“These

The co-CEOs of Saint John technology company Innovatia, Roxanne Fairweather and Dave Grebenc, have been inducted into industry group InnovateNB’s Hall of Fame.

Innovatia, which helps businesses develop and implement their internal information-sharing strategies, particularly at the technological level, was founded in 1999. Fairweather and Grebenc took over the business in 2009.

In addition to

Halifax-based Glas Ocean Electric, which is developing technology to electrify boats and optimize their energy performance, has won a contract from the United States Defense Advanced Research Projects Agency, or DARPA.

The company issued a statement Wednesday saying the contract calls for the company to develop a low-cost data acquisition system that can be installed on a range of vessels,