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

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

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

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

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

Fredericton-based Picketa Systems, which makes hardware and software for analyzing plant tissues, has raised a $1.4 million seed round led by the New Brunswick Innovation Foundation ahead of an early adopter program. 

The agtech startup is preparing to ship 10 units this summer to locations ranging from Alberta, to Prince Edward Island, to the United Kingdom.

In November, Picketa announced the

Halifax drug discovery company Appili Therapeutics, which specializes in developing infectious disease treatments, has bagged a United States patent for its liquid formulation of the antibiotic metronidazole.

For Appili, which was founded in 2015, the patent offers control of an alternative to metronidazole’s usual tablet form, which tastes bitter and can prove problematic for patients with

Black entrepreneurs are invited to sign up for the final live BUILD workshop in Halifax, which is titled Pitching Your Business to Investors.

Occurring next Wednesday, May 31, the workshop is being offered by Tribe Network, a group that offers support and training to BIPOC entrepreneurs. It will feature guest Amoye Henry, a consultant at AH Consulting in London, U.K.

Henry will share insights

Lab2Market Launch and Dalhousie University have unveiled their inaugural Founder Council network for their Atlantic and National Health cohorts.

More than 40 founder council members from across Canada signed up to join the program.

The program allows established entrepreneurs to guide and educate budding entrepreneurs in post-secondary school. According to Lab2Market, these mentors are

St. John’s-based Spellbook, the maker of artificial intelligence-enabled contract-drafting software, has raised a US$10.9 million or C$14.8 million seed round from investors including Thomson Reuters, the Toronto data and publishing giant that controls a massive percentage of the legal software market.

The company originally did business as Rally. Spellbook was the name of one of several