The Atlantic Canada Opportunities Agency (ACOA) is lending a total of more than $6 million to seven small and medium-sized businesses to help them scale up and modernize their operations.

The following companies are receiving loans through the Regional Economic Growth through Innovation program:

Farnell Packaging is receiving $3,000,000 to purchase and install automated processing and printing

Virtual Accelerator Propel has announced the eight companies that make up its Fall 2024 Traction and Growth cohort.

Traction and Growth is for later-stage founders who have proven recurring revenue and appear poised to become high-growth companies.

“With the industry's challenges of keeping up with rapidly growing demand, it's no surprise to see a number of strong industrial and construction

Dalhousie University and the University of New Brunswick have accepted 19 teams into their Fall 2024 Lab2Market Validate cohort, which helps researchers assess the commercial viability of their work.

One of several Lab2Market programs, the 16-week Validate program brings together researchers and business development specialists and lets them work with mentors. The goal is to determine whether

RevGen Atlantic 24 is being offered free to founders wanting to boost their sales strategies.

Organizers say RevGen Atlantic 24' will equip the region's founders with proven strategies for boosting customer adoption and scaling revenue. The event is aimed at ventures focused on improving the health of people, planet, and business.

Attendees will learn from B2B sales experts Kent Summers, James

Winston Morton, CEO of Fredericton-based Climative, a maker of AI-powered low-carbon plans for buildings, has been recognized as one of Canada's Clean50 for 2025.

Morton has also been named one of Canada's Clean16, distinguishing him as the top leader in the Technology & Telecom category for his contributions to sustainability and the clean economy.

The Clean50 Awards, curated by Delta

Now in its 11th year, University of New Brunswick's Summer Institute program is graduating four new companies. The Institute teaches sales, marketing, and customer validation skills to companies making positive social and environmental impacts. 

All the founders will be at the Wu Conference Centre in Fredericton to present their companies and ideas on October 22 at 3pm.  You can register here.

The Ocean Startup Project has selected 16 early-stage companies for the 2024 Ocean Startup Challenge cohort. Each will receive up to $25,000 in non-dilutive funding, along with support to scale their ocean-focused businesses.

Funded mainly by the federal government and Canada's Ocean Supercluster, the national Startup Project is backed by the New Brunswick Innovation Foundation, the P.E.I.

The Halifax-based Atlantic Institute for Resilience has partnered with the CAN Health Network in an agreement that allows AIR to collaborate with health organizations across Canada.

AIR was founded in 2014 by psychiatrist Jackie Kinley, the institute’s president and CEO. She aimed to develop programs to boost resilience among workers.

Resilience is the capacity to not only endure but to grow

Hakan Uluer, CEO of The Bertossi Group of restaurants, has won this year’s EY Entrepreneur Of The Year Award  for the Atlantic Region.

Uluer, who received the award at a gala in Halifax last week, operates a group of high-end restaurants in the Halifax area, including The Bicycle Thief, Ristorante a Mano, La Frasca and il Mercato Trattoria.

“Hakan’s story is a testament to the power of hard

The Atlantic Canada Opportunities Agency on Friday announced non-dilutive funding totalling $4 million for  nine Halifax startups to help them scale.

The federal regional development agency revealed the funding under ACOA’s Regional Economic Growth through Innovation program at a reception at Volta on Friday. All of the contributions were loans, except for a $50,000 grant for Shoelace Learning.