LadderSpike Wins National Pitch Competition

As St. John’s-based LadderSpike looks to start delivering on its pre-orders this spring, the company has won a pitch competition at the Canadian Construction Association’s annual conference, bagging the top prize with its footing system for ladders.

The LadderSpike, which can be fitted to nearly any ladder, won Innovation of the Year for its ability to drive metal spikes into the ground for

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MIMOSA Wins at Medtech Investment Challenge

MIMOSA Diagnostics, the Halifax- and Toronto-based maker of a medical device for non-invasively measuring tissue damage, was victorious at Wednesday’s medtech finals of the Atlantic Canada Healthtech Scale-up and Investment Challenge, besting four other finalists to take home $100,000 of investment, as well as the People's Choice award.

Founded by Dr. Karen Cross, a plastic surgeon, and General

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Youth Innovation Fair Coming to Miramichi

Brilliant Labs, an Atlantic Canadian charity that aims to foster coding and digital skills among youth, will host an innovation fair in Miramichi April 4, with the timing chosen to align with an eclipse that will happen on the 8th.

Slated to be held at the city’s Eco Centre, the event will invite students to share their technical or scientific solutions to global issues, as identified by the

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Profitual Joins NEXT AI

Profitual, a financial intelligence startup founded by a pair of former New Brunswick Innovation Foundation execs, is one of 40 companies nationally to be accepted into startup support organization NEXT Canada’s 2024 AI cohort.

NEXT, a non-profit, will offer cohort companies not just the usual accelerator curriculum and networking opportunities, but also access to AI scientists associated with

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P.E.I. Life Sciences Sector Posted $600M Revenue in 2022

Life sciences businesses on Prince Edward Island brought in more than $600 million of revenue in 2022, according to research from the P.E.I. BioAlliance.

A survey by the industry group of about 50 of its member companies found their combined revenue increased by about $250 million compared to 2020, or nearly 70 percent -- that's also a four percent increase compared to 2021's total of $575

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Ocean Startup Project Announces Follow-On Funding

National industry group the Ocean Startup Project has announced 12 alumni from its accelerator program that will receive follow-on funding.

Offered for the first time this year, the Ocean Challenge: Boost funding program offers additional funding for companies that have previously completed the Ocean Startup Challenge, the organization’s program for idea- and early-stage startups.

In this new

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MarineThinking Attending NATO DIANA

Halifax-based MarineThinking, which has developed autonomous technologies for marine vessels, is now going through NATO’s new innovation accelerator operating out of Boston.

The company is one of seven companies selected for the first cohort of the six-month DIANA cohort being offered through MassChallenge in Boston. The program is designed to help startups broaden their networks in the defence

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Aurea Plans Automation

The Atlantic Canada Opportunities Agency is lending Aurea Technologies just under $392,000 as the Dartmouth maker of portable wind turbines looks to automate more of its production process.

Some of the money will go towards buying specialized automation equipment for quality control, packaging and prototyping, building on progress the company has already made automating the assembly of the main

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