The Business Development Bank of Canada is working on a new investment program that would support Canada’s five innovation superclusters, including the Ocean Supercluster on the East Coast.

In an interview with Entrevestor, CEO Michael Denham said the federal government’s business bank is growing strongly and is committed to supporting entrepreneurship and innovation in Canada. And it wants to

Budding entrepreneurs in Cape Breton now have access to the free, online programming available at Mashup Lab after its recent expansion to the island.

Mashup Lab is a “for-more-than-profit” business development company for rural entrepreneurs. Its Dream Business Program is a six-week online program for entrepreneurs still in the idea phase.

“It really is open to anyone with a business idea and

It’s August, and we’re taking our usual summer break next week.

We’re going to attend and report on the LaunchPad Demo Day at Dalhousie University on Tuesday night. But other than that, #startupeast will have to get by without Entrevestor until Monday, August 13. We’re looking forward to enjoying an East Coast summer and hope all our readers will get a break as well.

See you at the beach.

As Kyle MacNevin watched "Finding Hope” on CNN in June, he kept getting messages from friends all asking the same question: Are those people on TV wearing your T-shirts?

The shirts being worn by audience members at the CNN town hall production had indeed been produced by his company, Wear Your Label. The town hall, hosted by Anderson Cooper, was dedicated to suicide prevention, and the

Build Ventures, the Atlantic Canadian venture capital fund, is receiving a $10 million contribution from the New Brunswick government for its second fund, bringing the total so far to $25 million.

Headed by Patrick Keefe and Rob Barbara, the Halifax-based VC group began five years ago with a $65 million fund, which has invested in 14 companies. Its principals are now raising money for their

Doug Robertson the CEO of Venn Innovation, a New Brunswick tech support organization, has been appointed Chair of the Technology Councils of North America.

TECNA represents nearly 50 IT and Technology trade organizations, which account for more than 22,000 technology-related companies across the continent, said a satement.

Venn, which is based out of Moncton, is the only Atlantic Canadian tech

Fredericton startups Resson and SimpTek Technologies are receiving funding from provincial agencies to increase their workforces and expand their businesses, the provincial government announced this week.

Resson, an agriculture technology company, will create as many as 31 new jobs over the next three years, aided by up to $370,000 in payroll rebates from Opportunities New Brunswick.

And

In a breakthrough to the U.S. market, Fredericton-based Inversa Systems, whose technology can help to assess the state of infrastructure, has signed a three-year, US$2.5 million (C$3.3 million) agreement with the State of Georgia.

The company last year announced that it had signed a five-year, $2.5 million contract with the New Brunswick Department of Transportation to inspect culverts and storm

MaRS on the Rock in Newfoundland is hosting two workshops that will discuss the Business Model Canvas and Value Proposition/Customer Interviews. The workshops will be held in the Genesis Centre at Memorial University in Newfoundland in the coming weeks.

MOTR is a series of business development programs put on through a partnership with the province and the MaRS Discovery District in

Halifax-based medical device maker ABK Biomedical has a new President and CEO.

He is Michael J. Mangano, who was already a director of ABK and was recently President and CEO of San Clemente, Calif.-based ReShape Medical. ABK’s previous CEO Bob Abraham, who fully supports the hiring, will remain on the senior management team as Chief Medical Officer.

“In fact, I had asked Mike to join the Board