Nova Scotia has quintupled the size of its equity tax credits for people investing in young, innovative companies, and signaled that more changes are on the way.

The provincial government announced Friday that its new Innovation Equity Tax Credit will apply to investments in approved companies of up to $250,000, up from $50,000. Investors will receive a credit equal to 35 percent of their

Sponsored Content

There’s one big lesson from the most recent analysis of our data from Newfoundland and Labrador.

Funding is important.

There’s nothing startling in that statement, but as we look back on our data presentations from 2018, the highlight was the clear correlation between funding and company performance in Canada’s most easterly province.

Our 2017 data shows that equity

Three jobs from Charlottetown’s SpryPoint headline the Jobs of the Week column today. We also have openings at Spring Loaded Technology in Dartmouth and LifeRaft of Halifax.

Founded in 2011, SpryPoint has developed a cloud-based platform of enterprise solutions that help utilities improve customer service and operations through business automation. The company has openings for a CIS

Fredericton-based Envenio, whose technology assists in the understanding of fluid dynamics, has quietly exited, being taken over by San Francisco electronic cigarette company Juul.

Neither Envenio nor Juul has put out a public statement on the deal and no one from the New Brunswick company is talking. However, Monica Schnitger, head of Massachusetts engineering software consultancy Schnitger

It was a bittersweet birthday for CarShare Atlantic as the Halifax company celebrated its 10th anniversary last month. The company’s co-founder and CEO, Pam Cooley, announced that she will step down from the position in February.

CarShare Atlantic is Halifax’s first and only car-sharing network. Its members share a fleet of vehicles which can be booked any time via web, mobile app or through a

The global consultancy Accenture has opened an innovation outpost at Volta in Halifax, made possible through a $400,000 grant from the Atlantic Canada Opportunities Agency.

Halifax MP Andy Fillmore announced the funding at a reception at Volta on Wednesday.  He said the money will fund a one-year pilot program that will include programing delivered by Accenture.

Innovation outposts are becoming

Metamaterial Technologies Inc., Dalhousie University, and Mitacs on Tuesday announced a $1.62 million project to explore light manipulation for use in a range of commercial applications.

The project will be the largest ever financed in Atlantic Canada by Mitacs, a national non-profit organization that finances research projects between industry and universities. It will allow scientists to

There’s a State of the Ecosystem discussion taking place at Volta in Halifax today, and you can tune in regardless of where you are.

Chris Crowell, VP of Corporate Innovation at Volta, and I will hold a fireside chat about what’s happening in the startup community across the region. It will all take place at noon at Volta, and a good crowd is expected.

If you’re not in Halifax, you can follow

Sonrai Security, an enterprise cybersecurity company launched by senior executives from Q1 Labs, has closed a US$18.5 million (C$24.6 million) round of venture capital funding, likely the largest VC round in Atlantic Canadian history.

With a development team based in Fredericton, Sonrai was established in 2017 to help large corporations organize and protect their data on the cloud, which is a

Raymond Fitzpatrick was positively giddy about the last deal he signed in 2018 – the US$18.5 million ($24.6 million) financing of Fredericton cybersecurity company Sonrai Security.

Fitzpatrick is the Director of Investment for the New Brunswick Innovation Foundation, the not-for-profit organization that oversees the provincial government’s innovation policy. It invested US$246,000 in the funding