Sona Returns to its Roots

Two years on from its dramatic stock matket spike during the pandemic, Dartmouth-based Sona Nanotech is once again focused on using its gold nanorods to battle cancer.

The company has had some major announcements in the first half of 2023. Having raised $1.1 million by selling shares on the Canadian Securities Exchange earlier this year, Sona also grew by acquiring Boulder, Co.-based Siva

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Halifax’s Best Year for Funding

We were delighted to participate in the presentation of the Halifax Index on Thursday, explaining to the Halifax Partnership’s annual event the progress of the city’s startup community in 2022.

Each spring, the Partnership releases its Halifax Index, a detailed examination of every conceivable facet of the city’s economy and life. For the past few years, Entrevestor has participated by

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Shift Energy Strikes Partnership

Saint John-based Shift Energy, which uses machine learning to control energy use in large complexes, has partnered with Toronto’s Blackstone Energy Services, which plans to adopt Shift’s technology.

The two companies issued a press release on Wednesday saying Blackstone Energy would incorporate SHIFT’s artificial intelligence-driven technology into its energy management systems.

Shift Energy,

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Covina Biomedical Closes Down

Covina Biomedical, once considered one of the hottest young bio startups in the region, has shut down and filed for insolvency.

Covina, which grew out of research at Dalhousie University, aimed to use injectable bone cement to repair the bones in people’s knees so they would not need expensive and troublesome knee replacements.

A person familiar with the situation said the company had three

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Andrade Wins National Mitacs Award

Rafaela Andrade has received the Outstanding Entrepreneur award at the Mitacs Entrepreneur Awards, which took place in Waterloo, Ont., earlier this month.

The CEO and Co-Founder of Halifax medtech company Myomar Molecular received the national award presented to former participants in Mitacs programs. Mitacs is a national association that works with post-secondary institutions to provide

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Ignite To Host Youth Startup Camp

Ignite Atlantic has opened applications for its $100 youth startup challenge to help foster entrepreneurship in rural Nova Scotia.

The youth startup challenge is a four-day summer camp that allows individuals from Grades 7 to 11 to develop and refine their entrepreneurial skills. Ignite Atlantic, an innovation hub dedicated to fostering innovation in rural communities, said it will provide

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The Rise of the Parallel Entrepreneur

One of the more interesting and unheralded developments in the Atlantic Canadian Business Community recently is the ascent of parallel entrepreneurs.

A parallel entrepreneur is a founder or co-founder who develops multiple companies at the same time, as opposed to a serial entrepreneur, who starts a company, exits it, then starts another.

Mentors and gurus tend to advise against launching more

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OECD Says MUN Benefits Ocean Economy

Memorial University is benefiting Newfoundland and Labrador's ocean economy through research, teaching and public engagement, says a recent report by the Organisation for Economic Co-operation and Development.

The organization, which comprises 38 of the world’s richest countries, wrote the report as a part of a broader research initiative into the role of Canadian universities in regional

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