The New Brunswick Innovation Foundation and Opportunities New Brunswick are launching a climate impact fund to finance private-sector initiatives to mitigate and adapt to climate change, with funding coming from the federal government’s redistribution of its recently imposed carbon tax.

The fund will dole out $1.5 million, split into a series of related programs.

“The funds for this program

Drinkable Water Solutions, a Halifax-based team developing a graphene-based sensor to monitor water quality, has won Dalhousie University’s Ready2Launch pitch competition.

Ready2Launch is a three-month accelerator that helps participants to commercialize scientific research. It is part of the Dal Innovates suite of programs that promises to teach entrepreneurial skills to students and

When Ali Mousavi and Arash Helmi joined the Startup Visa program sponsored by Nova Scotia venture capital Crown corporation Innovacorp, it was not from their home country of Iran, but thanks to a South Korean startup competition.

Mousavi and Helmi are the co-founders of Magic Organ Cloner, or MOC Biotechnologies. In 2019, they were in Korea to compete in the BIXPO innovation conference’s

Talks are now under way between Innovacorp and the Nova Scotia government about what should be done with the $104 million that Innovacorp received from its investment in Metamaterials Inc.

Last week, Entrevestor reported that the Nova Scotia government’s early-stage venture capital agency made a return of $101 million on its $3 million investment in META. That’s a total return of 35 times, and a

Startup accelerator Creative Destruction Lab’s oceans stream has joined Virginia-based industry group Ocean Visions to offer training to startups gunning for the Carbon Removal XPRIZE -- a cleantech startup competition with a US$100 million prize, funded by Tesla CEO Elon Musk.

Creative Destruction Lab and Ocean Visions will offer a specially tailored program to XPRIZE entrants, helping them

Ocean Startup Project has announced 22 participating teams have been accepted into the second year of the Lab2Market Oceans program, which aims to produce commercial applications for academic research.

Lab2Market Oceans teams comprise researchers from academic institutions, as well as faculty supervisors and industry mentors. The teams work with instructors who provide feedback and coaching

Halifax advanced materials startup 3D BioFibR has raised $700,000 in what it describes as an “oversubscribed follow-on round,” marking the company’s second six-figure raise since its founding last year.

3D BioFibR was incorporated in July, 2020 and had raised $550,000 by October of the same year. The most recent round included capital from Halifax’s Concrete Ventures and Toronto’s Globalive

Halifax drugmaker Appili Therapeutics has raised US$1 million from FUJIFILM Toyama Chemical Co. to pay for ongoing clinical trials of the Japanese pharma giant’s favipiravir antiviral medication, which the two companies hope will prove useful in treating COVID-19.

Favipiravir, sold under the names Avigan and Reeqonus, was approved for use in treating influenza pandemics by the Japanese

Halifax’s Union.Dev is deploying its pension-management software at a 30,000-person union in Ontario and has raised $310,000 of non-dilutive funding from NRC IRAP and the Atlantic Canada Opportunities Agency.

The company’s software, dubbed the Pension Reporting System, grew out of contract work that co-founder Randy Ansems was hired to do in 2012 by a third-party company offering pension