A new artificial intelligence centre at Memorial University, an expansion of Cape Breton’s Verschuren Centre bioprocessing hub and millions of dollars for two New Brunswick universities’ computer science programs are some of the innovation-related projects funded this year by the Atlantic Canada Opportunities Agency.

ACOA spent about $316 million on 1,500 projects in 2022, according to its

Prince Edward Island’s bioeconomy has already surpassed its 2025 growth targets, posting a gangbusters $575 million in revenue in 2021, exceeding 2020’s figure by about $200 million.

Survey data from industry group the PEI BioAlliance of more than 65 companies of varying ages indicates the sector now employs more than 2,300 people, having added 400 new jobs since the beginning of the pandemic.

Halifax-based Tribe Network’s Black Startup Project hosted its first pitch competition Tuesday as part of its AYA Day event celebrating Black entrepreneurs, with startups from all four Atlantic Provinces participating.

Fifteen shortlisted companies pitched to a panel of BIPOC judges and five winners were awarded $500 apiece. Another company also received $500 as an audience choice award, and

Halifax startup hub Volta is looking for applicants to its annual Democamp, which gives startups the chance to showcase their technology for investors and other innovation community members.

Slated to be held at Volta’s Barrington Street offices Feb. 16, the event lets entrepreneurs expound on the technological aspects of their businesses. But they must do so without the help of a slide deck.

British Columbia-based non-profit Ocean Legacy has begun producing what it calls the first commercially available plastic pellet in North America made from 100 per cent recycled ocean plastics. The foundation has also announced a partnership with Full Circle Plastics of Alberta, which makes recycled plastic products to replace traditional lumber used in commercial, industrial and residential

The Halifax Business Awards this year will shine a spotlight on several innovation-driven companies, showing that companies developing their own intellectual property are gaining prominence in the city's business community. 

The Halifax Chamber of Commerce last week released the shortlist for the awards, which will be presented as part of a gala scheduled for the evening of Jan. 26. Of the 35

A year and a half after its sale to Green Shield Canada, Halifax-based virtual therapy specialist Tranquility Online is helping to anchor an expansion push into Atlantic Canada by the health insurance giant.

Joel Muise, who co-founded Tranquility and is now running the platform for Green Shield, said in an interview that the acquisition has allowed his business to grow far faster than it could

A pair of former New Brunswick Innovation Foundation investors, Raymond Fitzpatrick and Daniel Hoyles, have left the organization to found financial intelligence startup Profitual and close a nearly $1.2 million funding round.

Fitzpatrick was the NBIF’s director of finance and investments for almost nine years, and Hoyles was an investment associate, as well as the former COO of cleantech

Invest Nova Scotia has announced the first six startups participating in its OceanTech Pilot Program, which gives early-stage bluetech companies the chance to test their pre-commercialization products.

The participating companies will split $50,000 of non-dilutive funding to help launch their pilot programs, as well as access to SEATAC, a Nova Scotia Community College entity that offers research

The University of New Brunswick’s Energia Ventures startup accelerator will hold its second demo day of 2022 on Dec. 13, showcasing a roster of five companies from three countries.

Energia is hosted by the University of New Brunswick’s Technology, Management and Entrepreneurship program and supports startups from around the world involved in energy, smart grids, cleantech and cybersecurity. The