Ocean technology company Ashored Innovation has been named one of five grand prize winners in the national TELUS #StandWithOwners competition, receiving a $200,000 prize package in cash and in-kind services.

The Debert, NS-based company was recognized for its development of a “rope-on-demand” fishing system designed to reduce the risk of marine animal entanglement in traditional trap gear. The

Halifax-based supplement startup Infusd Nutrition has capped off a busy stretch with a series of national and international recognitions highlighting its role in the food technology sector.

Over the past 10 days, the company has participated in the MISTA Growth Hack in San Francisco, where it showcased products co-developed with multinational partners Givaudan and Danone. The collaboration

The Axis Accelerator at University of New Brunswick Saint John is seeking applicants for its six-month program for business-to-business startups from across Atlantic Canada looking to grow their revenues and prepare to raise capital.

The program will begin in the spring and requires three to five hours per week from participants. It is aimed at positioning the founder of a company as its lead

The New Brunswick Innovation Foundation (NBIF) has appointed Daniel Armali as Vice President of Investments, effective immediately.

Armali joins NBIF after relocating from Montreal and brings more than 15 years of experience in venture capital, fund investment, and multi-asset portfolio management. He will lead NBIF’s investment team and work with startups, portfolio companies, and limited

Cuna del Mar, an impact investment fund focused on regenerative aquaculture, has appointed Halifax lawyer and entrepreneur Donald Grant as its new Managing Partner.

The appointment of Grant, who previously served as the fund’s Vice President, marks a strategic shift for Cuna del Mar as it aims to take a more active role in promoting regenerative aquaculture globally. Regenerative aquaculture is

Kathryn Lockhart, CEO of Propel, the regional virtual accelerator for tech-enabled companies, has announced she is joining the McKenna Institute at the University of New Brunswick as Executive Director, effective Nov. 10.

Lockhart has headed up Propel for more than five years and seen significant change in that time. Now, she is joining the McKenna Institute, an entrepreneurial centre based at

Dartmouth-based GIT Coatings, which creates biocide-free, graphene-based marine coatings, has opened a new facility and received an additional $5 million in funding from Export Development Canada. The money was presented during the opening of the company’s new global headquarters on Wilkinson Avenue last week.

The new premises will help the company, officially called Graphite Innovation &

Cat Adalay, founder and CEO of Dartmouth-based Aurea Technologies, is one of four emerging entrepreneurs to be recognized this week by the Nova Scotia Business Hall of Fame.

Aurea is the cleantech company behind the Shine and RISE turbines, portable wind energy systems designed for outdoor recreation, emergency preparedness, and defense applications. Lightweight, collapsible, and powerful, these

Elle, MD Biotechnologies has secured an equity investment of $100,000 from Invest Nova Scotia, matching the amount it received earlier this year from the New Brunswick Innovation Foundation.

Invest Nova Scotia, the provincial economic development and venture capital agency, announced the investment in a press release on Tuesday.

Based in New Minas, NS, and headed by Dr. Jennifer Johnston, the

Halifax-based ImmigrateAI Global has won third place in the Global Business Competition at the G20 YEA Summit in South Africa.

The company has won a package of $5,000. What’s more valuable, founder and CEO Max Medyk told Entrevestor, is the recognition and partnership requests the company has since received.

“This was the first time a Nova Scotia company did this on the G20 stage,” he said.