Mitacs and the New Brunswick Innovation Foundation, or NBIF, have announced a joint initiative that will pay $860,000 toward research internships at New Brunswick companies.

The two organizations announced Monday that NBIF is contributing $160,000 to the Mitacs research internships program, which will allow Mitacs to increase its funding in New Brunswick by $700,000.

The statement said the

Charlottetown-based contract research organization Pegasus Biotech is the latest bioscience company to join Emergence, the P.E.I.-based national bioscience business incubator.

Founded last year, Pegasus offers services that help to develop vaccines and biotherapeutics for the human and animal health sectors. The company’s current work includes consulting on a COVID-19 vaccine development project

St. John’s-based Mysa has pre-launched a new control for air conditioners, the third product in its suite of smart home temperature controls, and is reporting great demand in the pre-orders.

The company – whose corporate name is Empowered Homes – already has been selling smart controls for homes with high-voltage heating systems, such as electric baseboard heaters and in-floor heating. Now, with

Canada’s Ocean Supercluster on Friday announced funding for three projects with a total value of $6.6 million led by innovation-driven groups based in St. John's.

The Atlantic Canadian group dedicated to funding ocean-related R&D projects in marine industries held a press conference in St. John’s to unveil the three initiatives. The Supercluster’s Accelerated Ocean Solutions Program will pay $4

The Block One Incubator has opened in Saint John, providing the Port City with a facility offering programs and working space for growing startups.

Five companies are now working at the 2,735-square-foot facility at 40 King Street, in the former Scotiabank building on King’s Square. What’s special about Block One is it shares the Uptown premises with the University of New Brunswick Saint John

For the second year in a row, the Memorial Centre for Entrepreneurship, or MCE, has been named a finalist in the Outstanding Emerging Centre category of the Global Consortium of Entrepreneurship Centers awards.

The GCEC held its annual conference late last month, and handed out 2020 awards in nine categories to recognize the best of university entrepreneurship worldwide. For the second time in

Airesun Global, a Cape Breton company that makes industrial oils, cleaners and lubricants out of seed oil, has signed two contracts worth a total of almost $160 million.

The Sydney-area company held a press conference Tuesday announcing it had signed a two-year, $150 million agreement under which Jolomi Engineering Services of Delta State, Nigeria, will adapt Airesun’s processor/extractor

Robel Berhane, Co-founder and CFO of Halifax-based Clean Catch Baits, has been named Global Student Entrepreneur for Atlantic Canada in the recent Global Student Entrepreneur Awards.    

Clean Catch is developing biodegradable, PVC-free soft bait fishing lures for the sport fishing market, aiming to replace plastic lures that can leach harmful micro-plastics into lakes, rivers and oceans. The

Halifax-based LED Roadway Lighting Ltd., which manufactures smart and low-energy street lighting, has been named a cleantech Export Star by Export Development Canada, or EDC.

Each year, EDC highlights the achievements of leading cleantech companies during its Cleantech Export Week conference. LED Roadway Lighting was recognized as a leader in the field that has succeeded in selling its products

The important activity in the Nova Scotia startup community in 2019 was in the development of the ecosystem rather than the performance of companies.

Certainly, many companies had highlights, which we’ve already cited. ABK Biomedical raised $40 million in a VC round. CarbonCure Technologies was named the 2020 North America Cleantech Company of the Year. Appili Therapeutics listed on the TSX