NS to Amalgamate Innovacorp, NSBI

Crown corporations Nova Scotia Business Inc. and Innovacorp are being amalgamated into a single agency called Invest Nova Scotia, as Tim Houston’s Progressive Conservative government looks to streamline operations, the province announced Tuesday.

Both legacy organizations offer programs that support startups. NSBI is the provincial economic development agency, whose services include the Export

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Moffitt Bows Out at BioNova

BioNova Executive Director Scott Moffitt has resigned from the Nova Scotia life sciences industry group, with Director of Operations Kerri Manette stepping in as interim director.

Moffitt started at BioNova as managing director in 2013 and became executive director in 2018. Before that, he was the senior investment officer for bioscience at provincial economic development agency Innovation PEI.

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NACO Reports Strong 2021 in Atlantic Canada

Early-stage investors invested $29.4 million in Atlantic Canadian startups last year, according to a forthcoming report by the National Angel Capital Organization, or NACO, accounting for about 5 percent of angel funding nationally.

The 2022 Report on Angel Investing in Canada is slated for release in September and will show almost an order of magnitude increase in angel deals in the Atlantic

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Introhive Lays Off Staff, Braces for Recession

Just a year after raising the largest equity funding round in New Brunswick history, Fredericton- and Miami-based Introhive is laying off about 16 percent of its workforce as the company braces for economic headwinds.

Chief Executive Jody Glidden said in an interview that after the layoffs, Introhive will have about 300 employees. He didn't reveal how many people the company now employs in

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Startup Atlantic: Inside the New Branding Push

Fifty Atlantic Canadian startup community members travelled to the Startupfest Montreal conference last week in a bid to entice outside investors, entrepreneurs and talent to consider doing business east of the St. Lawrence.

Kathryn Lockhart, CEO of remote startup incubator Propel ICT and one of the delegation’s organizers, said in an interview that the team blew through their internal goal for

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AVF Coming Sept. 13 and 14

The Atlantic Venture Forum, or AVF will be held at the Halifax Marriott Harbourfront Hotel Sept. 13 and 14, marking the first time the annual summit has taken place in person since the beginning of the pandemic.

The event is organized by Calgary-based Critical Path Group, which describes itself as an “events, advisory and business intelligence firm” and hosts a slate of other conferences,

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The Economist’s Bluetech Conference Draws Eyes to Halifax

Britain's leading global affairs magazine, The Economist, will host a bluetech conference in Halifax this October, showcasing the region's fast-growing oceans sector on the international stage.

For several months, readers of The Economist have been treated to ads for the World Ocean Tech and Innovation Summit, which is slated to include more than 50 speakers and will be held at the Halifax

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IWK Appoints MacMaster VP of Innovation

Halifax’s IWK Health Centre, Atlantic Canada's largest children's hospital, has appointed a new vice-president of research and innovation, Dr. Frank MacMaster.

In his new role, MacMaster will oversea R&D efforts, like clinical trials, at the hospital, making him an important player in the world of medtech and life sciences innovation. The IWK is both a  key testing ground and occasional customer

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