On Friday, Prime Minster Justin Trudeau announced details of the federal rent assistance program for small businesses that was first unveiled last week.

In a statement, the federal government said it has reached an agreement in principle with all provinces and territories to implement the Canada Emergency Commercial Rent Assistance (CECRA) for small businesses impacted by COVID-19. The program

Propel, the Atlantic Canadian tech accelerator, is abandoning the traditional cohort model to offer continuous intake to the companies it supports.

The regional organization, which moved to a virtual model in 2018, issued a statement Thursday saying that startups can now begin the program when they need it most instead of waiting for the next cohort to start.

The statement said Propel launched

Swarmio, a decentralized eSports platform with an automated tournament management system, has put its plans to seek a stock market listing on hold due to the COVID-19 crisis but is finding the pandemic creating business opportunities in new and existing markets.

The company, which has bases in Halifax, Sydney and the Toronto area, announced earlier this year that it would seek a listing on the

OneEleven, the startup incubator located in downtown Toronto, has closed permanently due to the COVID-19 lockdown impacting its client companies and its own business model.

The national startup publication Betakit reported Wednesday that the 125,000-square-foot office space had closed for good. OneEleven received no government funding, so it suffered along with its clients when some startups had

Fredericton-based accelerator Energia Ventures is seeking applications for its third cohort from companies in the smart-grid, energy, cleantech, and cybersecurity sectors.

The program will run from Sept. 14 to Dec. 9, culminating in the demo day in which participants will pitch their businesses and display their products. As well as mentoring, programming and business support, participants will

Adaptiiv Medical Technologies, the Halifax company that uses 3D printing to improve radiation treatment for cancer patients, has closed a round of $3.4 million, more than twice its target.

The company issued a press release Wednesday saying it had initially set out to raise $1.5 million but the round was over-subscribed due to strong interest from investors.

Founded in 2016, Adaptiiv has now

Avalon Holographics is one of those exciting startups that require a leap of imagination to fully grasp what its technology could do in the short-term, let alone years from now.

The St. John’s company wants to use hologaphics – three-dimensional images produced by disruptions in light beams – to revolutionize the way people use visual displays like computer screens, TV monitors or even

Appili Therapeutics Inc., the Halifax company dedicated to fighting infectious diseases, has named Yoav Golan, who’s been an advisor to Appili since the company’s inception, as its first Chief Medical Officer.

In a statement, Armand Balboni, company CEO, said that Golan brings over 25 years of infectious disease expertise to the role. He’s recently served as an attending physician in the

Innovacorp is accelerating its investment plans in light of the COVID-19 virus, not just to boost the economy but because it sees an opportunity to make money, said Managing Director Andrew Ray.

In an interview, Ray said the venture capital agency, whose lone backer is the Nova Scotia government, believes investments made during economic downturns tend to produce strong returns in the long-run.

Dalhousie University is looking for Atlantic Canadian students and researchers working on launching businesses to apply to Ready2Launch, its new virtual summer accelerator.

Affiliated with the Lab2Market program, Ready2Launch is a 12-week program that helps participants take their businesses from idea to launch.  It is open to undergraduate or graduate students, researchers, or recent grads from