Following on the success of its first No-Pitch Competition, Fredericton fintech company Profitual is once again hosting the contest that assesses founders’ business models rather than their public speaking skills.

Entries for the company’s second No-Pitch Competition are open until the end of the month, and the winner of the $10,000 first prize will be announced Dec. 9.

Profitual, a financial

Hadamard AI, founded by brothers Nathaniel and Thomas Roberts, was named the Genesis Pitch Champion last week, earning $30,000 and a place on the Pitcher Plant trophy.

Hadamard AI develops artificial intelligence-driven legal research tools, which allow users to conduct faster, smarter research with reliable, cited results. The audience at the sold-out event also awarded Hadamard the Community

Tribe Network, the Halifax-based hub that supports Black, Indigenous, and People of Colour (BIPOC) entrepreneurs, has released its 2024–2025 Impact Report which highlights another year of expanding influence in the country’s innovation economy.

The report says Tribe’s programs helped more than 500 BIPOC founders to develop and scale their ventures in 2024, bringing the total number to 1,300

The New Brunswick innovation Foundation is bringing back Breakthru, its legacy startup competition.

Organizers are offering $200,000 in equity investment and in-kind support to help entrepreneurs turn ideas into ventures.  The Grand Prize will provide $100,000 in equity investment and two runners-up will receive $50,000 in equity investment.

The three companies will enter due diligence with

Entrepreneur and social innovator Marcel LeBrun has been named the 2025 inductee to the InnovateNB Hall of Fame in recognition of his decades-long impact on New Brunswick’s technology and innovation sectors.

The honour will be presented during the InnovateNB Awards ceremony on Nov. 27 at the Saint John Trade and Convention Centre, where innovators from the province’s private, public, and

Fifteen months after exiting his first Halifax-based company, Zach Laberge has closed a US$10.5 million (C$14.7 million) seed funding round for his new startup Omen, which uses AI in the maintenance of heavy machinery.

The surprising thing about this raise is not just that Laberge, the founder and CEO of Omen, just turned 20 this month. It’s that he closed the round in only four days.

Now based

Maritime Launch Services has secured a $10 million senior credit facility from Export Development Canada to support the continued development of Spaceport Nova Scotia in Canso and advance toward its first orbital launch.

The financing agreement includes an initial $5 million advance, with the remainder available through drawdowns tied to ongoing construction and development milestones. The funds

Five Newfoundland and Labrador startups will compete for more than $45,000 in prizes at The Genesis Pitch, taking place Oct. 29 at the St. John’s Convention Centre.

Organized by Genesis, the province’s technology incubator, the event marks the largest prize pool in its history, including a $30,000 top prize and the Pitcher Plant trophy. The competition is part of techNL’s annual Innovation Week,

NACO Canada has released a new report urging a coordinated national approach to mobilize up to $15 billion in private investment and strengthen Canada’s innovation economy.

Titled A Unified Capital Strategy for a Sovereign Innovation Economy, the report outlines a four-part policy framework aimed at improving access to early-stage financing and reducing barriers faced by entrepreneurs. NACO –

Fredericton-based ClinicGlide Technologies, which uses artificial intelligence to improve efficiency in healthcare, has raised six figures of funding from the New Brunswick Innovation Foundation and TLT East Ventures.

NBIF said on LinkedIn last week that it had invested $200,000 in the company, which uses agentic artificial intelligence to automate patient interactions and reduce administrative